Tapping into the Unbanked in Asia Using Telecom Cryptocurrency

Tapping into the Unbanked in Asia Using Telecom Cryptocurrency

In a commentary for finews.asia , Claude Eguienta, the CEO and co-founder of Telcoin looks at how a telecom cryptocurrency can tap into an unbanked economy of 2 billion people. Cryptocurrency has seen increased demand and growth in Asia in November. Bitcoin topped $8,0001 for the first time this month despite pricing volatility earlier this month and concerns around cryptocurrency risks. Over the past few months, there has been increased interest in telecoms tapping into cryptocurrency to reach the unbanked using mobile phones, which has big implications for financial inclusion. Increasingly, Asian high net worth individuals (HNWIs), venture capitalists […]