A block chain technology company located in Ghana and Kenya, Bitsoko, has won a $100 000 grant from the Bill and Melinda Gates Foundation initiative Financial Services for the Poor. From their website, Bitsoko appears to be a bitcoin wallet and merchant services provider for the African market. Utilizing Bitcoin in places where currencies have seen extreme inflation is not the worst idea. Also read: Liberating Northern Ghana on the Block Chain: Model for Africa? The award is being funded through the Grand Challenges Exploration, an initiative of the Foundation that this year was focused on financial services for the […]
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