From their website, Bitsoko appears to be a bitcoin wallet and merchant services provider for the African market. Utilizing Bitcoin in places where currencies have seen extreme inflation is not the worst idea.
The award is being funded through the Grand Challenges Exploration, an initiative of the Foundation that this year was focused on financial services for the poor. Bitsoko rose above all the others in that it was providing next-level technology to a market that has no reason not to jump directly into it.
CCN will follow Bitsoko’s progress.
Images from Shutterstock.
Last modified (UTC): July 15, 2015 16:19