South African bitcoin wallet provider attracts funding from global blockchain firm
“Centbee will be rolling out mechanisms for merchants to accept bitcoin payments more cheaply and securely than current bank payment systems without exposure to price volatility. We will work closely with merchants in South Africa initially to solve local problems,” said Brown.
“In addition, we will help consumers move money simply and cheaply across borders to support family and friends. We have been working closely with regulators in the region to educate, ensure good governance and to address any regulatory risk,” he added.
“It smartly embraces bitcoin cash because its bigger blocks, low fees and fast transaction network represent the true vision of bitcoin. We look forward to supporting Centbee as it sparks greater merchant and consumer adoption of bitcoin cash in sub-Saharan Africa and beyond,” he said.
|SA bitcoin wallet provider attracts funding from global blockchain firm
South African-based bitcoin wallet provider Centbee has attracted funding from global blockchain leader nChain.