Akon rapper and entrepreneur shares his vision for the upcoming Akoin encryption currency in an exclusive video interview with Cointelegraph in.
Encryption platform will enable mobile phone credit transaction token, which is a popular alternative to many African countries, variable legal tender.
In this interview, preview, Akon discussed a wide use of mobile phones in the whole of Africa as a trade credit means of how to motivate Akoin encrypted network.
To learn Akon plans in every major city in Africa to build encryption currency-powered city, please see our full exclusive video interview with Akon's.
About using the phone as a credit Akon African currency
in accordance with Akon to say, most people "do not really understand how Africa itself."
He said: "We have a lot of money in Africa." "Many of them unstable, and most people are not trusted to such a point that Africans no longer even use the money, they will own mobile phones and airtime credit. used as agricultural products, fish, fruit and basic things such as commodities trading in the market. "
Akon said, using the phone as a credit currency inspired the "atomic swap" function on Akoin platform - This feature allows the user to encrypt phone credit transaction currency.
"The number of mobile phone minutes are used as currency in many parts of Africa. This is to promote one thing we realize, man, Akoin will be very neat, because in the end, outside the village, you really can not change anything with the phone talk time . "
