THELOGICALINDIAN - Three African countries namely Cameroon the Democratic Republic of Congo DRC and the Republic of Congo are reportedly planning to accept cryptocurrency and blockchain solutions powered by The Open Network TON Separately Cameroon is because arising a civic stablecoin that is based on the aforementioned blockchain network
Phased Adoption of the Solutions
The Democratic Republic of Congo (DRC) is reportedly because arising a civic stablecoin that is congenital on blockchain, a account appear by The Open Network (TON) has said. In addition, the DRC, forth with Cameroon and the Republic of Congo, are planning to accept cryptocurrency and blockchain-based solutions powered by the TON.
According to TON’s statement, the advertisement of the blockchain entity’s plan to bear these solutions follows its acknowledged engagements with anniversary of the three countries. Adoption of TON’s crypto and blockchain solutions by the three countries will be phased, the account suggested.
Democratizing the Financial System
Commenting on the possibilities of his country’s abeyant affiliation with TON, the Republic of Congo’s Minister for Posts, Telecommunications and the Digital Economy, Léon Juste Ibombo, said:
Echoing agnate sentiments, Ibombo’s analogue from the DRC, Désiré Cashmir Eberande Kolongele, batten of his country’s pride in demography this step. He said the arising of the stablecoin democratizes “access to our banking arrangement for millions of unbanked and underbanked citizens.”
For his part, the Cameroonian Minister of Posts and Telecommunication, Minette Libom Li Likeng, said: “The affiliation with TON can comedy a axiological role in the agenda ecosystem of Cameroon for advocacy the acquittal solutions and banking admittance via CAMPOST, the accessible postal operator.”
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