Bridging the cash gap.
- Resource Type
- Article
- Authors
- Lawrence, Dune; Ombok, Eric
- Source
- Bloomberg Businessweek; 11/5/2018, Issue 4591, p69-74, 6p, 5 Color Photographs, 1 Graph
- Subject
- CRYPTOCURRENCIES
MOBILE commerce
KENYAN economy
ALTERNATIVE currencies
- Language
- ISSN
- 00077135
The article reports on the use of the Bancor Network of cryptocurrency in Kenya. It mentions the use of local alternative currencies and the difficulties in using one community currency in another community, the encouragement of use of the Bancor currency by development economist Will Ruddick, and the ease with which Kenyans have adapted to this form of mobile payments.