30 Sep '15, 8am

SA’s Bankymoon launches bitcoin crowdfunding platform for African schools

SA’s Bankymoon launches bitcoin crowdfunding platform for African schools

South African startup Bankymoon has launched a crowdfunding platform that allows public schools in Africa to use blockchain technology to gain electricity credits. Disrupt Africa reported in May on Bankymoon , a bitcoin integration startup that primarily focuses on providing bitcoin payment gateways to smart metering vendors, allowing the vendors to accept bitcoin payments for utilities. The startup has now extended this idea, applying blockchain tech to create a crowdfunding platform named Usizo for schools in Africa. Schools are supplied with a Bankymoon meter with an assigned bitcoin address, to which donors are able to send funds that are immediately converted into electricity or water credits. Donors are able to view information about students, teachers, infrastructure, focus and estimates of utility usage at certain schools, and make decisions as to who to donate bit...

Full article: http://disrupt-africa.com/2015/09/sas-bankymoon-launches-...

Tweets

Emerging market crowdfunding: it's not just sol...

solarplaza.com 30 Sep '15, 12pm

There are challenges associated with raising finance in non-traditional markets. Crowdfunding looks like a credible altern...

Entrepreneurs Explore Bitcoin's Future

Entrepreneurs Explore Bitcoin's Future

scientificamerican.com 30 Sep '15, 3pm

When the digital currency Bitcoin came to life in January 2009, it was noticed by almost no one apart from the handful of ...

Bitcoin Hardware Wallet KeepKey Launches and Be...

bitcoinmagazine.com 28 Sep '15, 6am

In a rare move in the Bitcoin space, KeepKey has simultaneously begun to take orders for and to ship their flagship bitcoi...

Blockchain-Based Digital Cash Platform Raises $1.2 Million #bitcoin

Blockchain-Based Digital Cash Platform Raises $...

coindesk.com 29 Sep '15, 11am

Safe Cash Payment Technologies, a blockchain-based digital cash platform that will enable consumers to purchase digital to...

a+++ comment on Bitcoin

crookedtimber.org 06 Oct '15, 9am

The system is called proof of “work”, but it’s “work” in the physicists’ sense and not the economists’. It should really b...

U.S. regulator sanctions bitcoin trading platfo...

reuters.com 24 Sep '15, 5pm

WASHINGTON, Sept 24 A New Jersey-based bitcoin swap trading platform was sanctioned by U.S. derivatives regulators on Thur...

With bitcoin use on the rise, African countries...

pcworld.com 22 Sep '15, 8pm

The increasing use of bitcoins in Africa has prompted a growing chorus of government officials, legal experts and e-commer...

U.S. regulator sanctions bitcoin trading platform over wash trades

U.S. regulator sanctions bitcoin trading platfo...

reuters.com 24 Sep '15, 5pm

WASHINGTON A New Jersey-based bitcoin swap trading platform was sanctioned by U.S. derivatives regulators on Thursday afte...