Kipochi brings Bitcoin to Nairobi

The first Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term wallet has been introduced into Kenya’s Nairobi by Kipochi, using M-Pesa Integration

M-Pesa (pesa meaning money in Swahili), a mobile based money transfer facility in Kenya has joined with Kipochi, to enable Kenyan’s, in the most far reaching and rural areas, to send and receive Bitcoin with an E-Wallet.

This is revolutionary within the given context and, could really service people who may not have transport or easy access to banking facilities. Kipochi works on desktop computers, and on any ordinary mobile-phone that has SMS, USSD or HTML5.

M-Pesa is responsible for 31% of Kenya’s GDP which suggests that this payment intervention by Bitcoin, M-Pesa and Kipochi has as much to do with economic development as it does with mobile payment options.