My company is setting up a cryptocurrency-based money transfer service in East Africa, to run similar to the M-PESA mobile money network. The service also includes a cryptocurrency exchange.
We have already built a cryptocurrency called Safaricoin, with a block explorer, paper wallets and software infrastructure. The mobile app is in progress and will also include IM.
With this capital and our own investment we will be able to complete the development and roll-out. Revenue streams will mainly involve fees on the exchange and advertising on the paper wallets.
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