Cryptocurrency has been making lot of headlines in the past couple of months. Bitcoin takes the majority of the headlines but other cryptocurrencies like Litecoin and Ethereum share the spotlight sometimes.
In Africa, there’s been a lot of debate on whether cryptocurrency can play a major role in our finance markets. Some startups are starting to use cryptocurrencies in services that they provide.
Mazzuma is one of those startups. Mazzuma is a mobile money payment system that utilizes a distributed secure infrastructure and cryptocurrency to enable seamless payments. The company has introduced their Mazzuma token which will be their key payment medium in the Mazzuma ecosystem.
Transactions made on the Mazzuma platform will be instantaneous and free of transaction fees.
Mazzuma will be providing plugins for e-commerce platforms such as Woocommerce and Prestashop, which will be made available for online shops to integrate and accept Mazzuma tokens for payments.
Mazzuma first started with a private sale of the Mazzuma tokens and are currently having a second sale of their tokens which started on July 1st and will end on July 31st.
In Q3 2018, Mazzuma hopes to list on cryptocurrency exchanges.
Ready For Takeoff?
Will the Mazzuma token be a hit? It will be hard to guess. Ghana is still early in its adoption of cryptocurrencies compared to other countries. But international interest could definitely help the Mazzuma tokens be great hit.
By listing on cryptocurrency exchanges, Mazzuma will be getting a lot of attention.
Mazzuma has put out a white paper detailing their new payment system in more detail. You can read the white paper here.
Joseph-Albert Kuuire is the creator and editor of TechNovaGh.com, an online digital platform focusing on technology in Ghana.
I’m also a UX Designer, book reader, and tech enthusiast (duh!)
Email: [email protected]