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Title: Crypto Exchange Coming to Accra, Ghana, Powered by Genesis Post by: GS Blockchain on March 22, 2022, 02:52:47 AM https://medium.com/@Genesis_Chain/crypto-exchange-coming-to-accra-ghana-powered-by-genesis-ffc24e1f08a1
A national crypto exchange project in the Republic of Ghana, West Africa, powered by Genesis, has officially landed. The crypto exchange will set up an offline business hall in the capital city of Accra, located in the heart of the bustling downtown area next to the hotel where former US President Barack Obama stayed. As the capital and the largest seaport city in Ghana, Accra is the political, economic and cultural center of the country, and an important market for gold, diamonds, cocoa beans and diamonds worldwide. As early as last year Ghana's Vice President Dr. Mahamudu Bawumia outlined his arguments on crypto at the 5th Ghana International Trade and Finance Conference. He advocated that African governments need to adopt crypto currencies to facilitate trade across the continent and that there is an urgent need for a "single central payment" system for trade among African nations. The stable value system of GC (USD), a stable asset in Genesis, is well suited to the mission of a "single central payment" system. As an important medium for trading cryptos in Ghana, GC (USD) will become an unified crypto payment for West African countries in the future to rectify the costly and time-consuming process of moving goods across African borders. |