The developing nations in many parts of the world are currently in the process of rapidly developing the essential infrastructure as they continue to register positive economic growth. Banking and financial services are one such industry segment which needs a lot of attention, especially in many African nations as access to financial services among the population remains very low.
Bolenum, a London-based financial services firm has decided to do something about it. The company is involved in development and implementation of a cryptocurrency powered financial network which can potentially improve the quality of financial services in the continent. With Bolenum, a majority of the unbanked and the underbanked population in the region will be able to gain access to instant and cost-effective financial services.
The Bolenum platform is powered by Boleno cryptocurrency, created on Ethereum blockchain. The ERC20 compliant cryptocurrency supports smart contracts implementation, allowing automation of various financial services. The services offered by Bolenum will work seamlessly with existing monetary systems in many African nations to ensure added flexibility while facilitating immediate adoption by anyone.
Read more here: http://www.newsbtc.com/2017/06/13/bolenum-cryptocurrency-based-finserv-platform-announces-ico-sets-shop-africa/