15 Jul '13, 8am

Bitcoin wallet launches in Africa - BusinessTech #bitcoin

Bitcoin wallet launches in Africa - BusinessTech #bitcoin

Kipochi has launched as Africa’s first bitcoin wallet, piggy-backing on Kenya’s M-Pesa system. M-Pesa is widely popular mobile payment system in Kenya with more than 70% of the country’s adult population using the virtual wallet for small transfers. The system is supplied by Vodacom through Kenyan mobile operator, Safaricom, though the Kipochi to M-Pesa service is operated by an independent 3rd-party company in Kenya and is not directly affiliated with Safaricom. Kipochi CTO, Pelle Braendgaard, took to Reddit to answer questions about the bitcoin wallet, how it works, and explain where the company plans to go. A first for Africa Kipochi links to M-Pesa in Kenya, and allows users to send and receive bitcoin by converting it to and from the M-Pesa balance. The company is working on streamlining this process even further, and hopes to partner with exchanges and mobile operato...

Full article: http://businesstech.co.za/news/mobile/41686/bitcoin-walle...

Tweets

Bitcoin mobile wallet launches in Kenya via

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