A Kenyan innovator to launch Nurucoin, eyes cross border trade

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Published on December 28, 2017 by admin

Bitcoin plunged by a quarter to below $12,000 on Friday as investors dumped the cryptocurrency in manic trading. The unit witnessed a blistering ascent to a peak close to $20,000 that prompting warnings by experts of a bubble. But don’t dismiss cryptocurrencies yet. Kenya is soon to launch another, the Nurucoin, that aims to position itself as a trade coin for e-commerce across Africa. The team behind it say that Nurucoin, is set to shape the next generation of currency as it will create and facilitate instant cross border payments. This should result in higher productivity rates and easier cross border opportunities for businesses and consumers to sell and buy products.

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