[2015-02-02] ToI: Chaiwalas, golgappewalas to market digital currency in India

[polynesia]

Chaiwalas, golgappewalas to market digital currency in India

http://timesofindia.indiatimes.com/tech/tech-news/Chaiwalas-golgappewalas-to-market-digital-currency-in-India/articleshow/46097663.cms?

The popular hawkers on Indian streets would be roped in by an NRI-owned non-profit private organization for an online network of merchant banking system to market a digital currency rivalling Bitcoin.

Canada-based Trestor Foundation's founder Kunal Dixit said such small businesses, which forms part of the two billion people without banking facilities worldwide, will form the base of "Trest" or digital tokens as a form of online currency.