At the moment the website serves as a blog and awaits for renewal
A candid conversation about the challenges bitcoin faces in the developing world.
CoinDesk: Since Kipochi is mostly focused on developing markets, some readers may be unfamiliar with your service and its mission. Can you start by briefing us a bit on the big-picture vision for the company?
MasterCard recently partnered with Youth for Technology Foundation,YTF, in Nigeria,to boost entrepreneurial capabilities of over 1500 Nigerian women with technology hands-on trainings.
Source: techmoran.com
Following as-yet-unconfirmed rumours that the People’s Bank of China would move to block domestic banks from working with digital currency exchanges this April, the price of bitcoin has declined substantially since 26th March, dropping from a high of just over $580 to today’s low of $442 on the CoinDesk USD Bitcoin Price Index.
The SARB’s position on Bitcoin follows the news that Standard Bank had been running a Bitcoin trial, which it later stated would not be launched to customers.
As defined by Reuters, as a crypto-currency, bitcoin is passed between two parties digitally and can be traded on exchanges for real-world currencies. Its value fluctuates according to user demand but it is not backed by any government or central bank.