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Dash drives adoption in Africa, aims to make cryptocurrency payment an everyday concept

Shahrain KM

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Dash drives adoption in Africa, aims to make cryptocurrency payment an everyday concept
Source: Unsplash

Recently, Dash, an autonomous organization and open source cryptocurrency announced that Dash Africa and Dash Hub Africa made significant headway in driving the adoption of cryptocurrency in the continent.

The cryptocurrency platform confirmed that despite the lack of funds for its projects, Ghana and Nigeria have been progressively using Dash to buy mobile airtime through Dash’s collaboration with Bitrefill. Bitrefill is a company that allows users to refill their mobile devices by making payments with Bitcoin [BTC] and other altcoins.

Furthermore, Dash Hub Africa has been able to drive merchant and consumer adoption through the introduction of an ambassador program through which 25 merchants decided to use Dash for payment.

Dash Africa is a non-profit educational organization whose aim is to promote the concept, comprehension, and usability of the digital currency in order to bring financial stability and economic growth in the continent.

According to Dash Hub Africa, consumers were inclined to use Dash as currency for amenities like the payment of bills, vouchers, and subscriptions. Dash Hub Africa stated:



“Africa continent with Real-time use of $Dash… Remittance to Africa is over $63 Billion yearly with Expensive charges. The Dash Hub Africa project is to divert Remittances to Africa through Dashpay as a DigitalCash payment solution offers the best features with a low transaction fee.”

The Dash Hub Africa project was initiated to build awareness and adoption of Dash effectively, making it mainstream in Africa. Dash aims to increase the everyday usage of the cryptocurrency by using it as payment for goods and services for merchants and businesses.

Recent news also saw businessmen in Venezuela driving the adoption of Dash in Venezuela through the formation of three organizations, namely Dash Merchant, Help Venezuela and Dash Text. The businessmen also collaborated with thousand Venezuelan merchants through their endeavor. Alejandro Echeverría, the Director of Dash Venezuela stated:

“Dash is a cryptocurrency that is mainly based on being a means of payment: to be fast, to have almost imperceptible commissions, and to be an open cryptocurrency, exchangeable by any cryptoactive and any fiduciary currency worldwide.”





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Shahrain KM is a writer at AMB Crypto. Her curiosity in Blockchain technology and Cryptocurrencies has led her to be a part of the news reporting team of AMB Crypto. She does not hold value in any cryptocurrencies currently.

Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
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Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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