Kenya is set to see its first domestically developed cryptocurrency with an initial coin offering (ICO) for the TMX Global Coin (TMX) planned to start towards the end of September.
According to a report in Kenyan news outlet Daily Nation, the developers of the token believe that the blockchain technology will help the African logistics business solve problems in the import and export sector, such as sudden price hikes and loss of property during transportation, as well as issues stemming from unaccountability, corruption and illicit trade.
“We are using Blockchain technology t...
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