RATE Group | First Kenyan Cryptocurrency Project Aims to Improve Quality on Logistics Industry
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First Kenyan Cryptocurrency Project Aims to Improve Quality on Logistics Industry

First Kenyan Cryptocurrency Project Aims to Improve Quality on Logistics Industry

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Blockchain technology-based businesses and ventures continue to grow. Every day new projects appear on the market, showing the potential that DLTs have to promote economic activity without any distinctions.

A case worth mentioning as an example of crypto money having no borders is TMX, the company behind TMX Global Coin, a project that seeks to consolidate itself as the first cryptocurrency of Kenyan origin in the crypto-verse.

The development team behind TMX Global Coin seeks to solve a real problem that has affected the country for years: logistics failures and the difficulty of re-tracing packages and transactions.

Anthony Njoroge, CEO of TMX, told the Kenyan portal Daily Nation how he hopes to change the cargo logistics business around the world through the use of specialized tokens running on a blockchain:

“We are using Blockchain technology to enhance Cargo logistics business to have more open, transparent and democratic process using a decentralized system, where all the users…

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