Akon, the reknowned Senegale rapper, is set to launch the Akoin cryptocurrency in early 2020.
Speaking about the cryptocurrency for the African continent, Akon said:
“One of our biggest issues and problems in Africa has always been corruption. Corruption is the reason the continent has never been grown to become a superpower. We want to be able to kill corruption through the blockchain and starting with currency is the biggest thing.”
Speaking on the value that the Akoin cryptocurrency will deliver, he added:
“Being able to make your own decisions financially is the key. A lot of the things in Africa are not controlled by Africans and I think this will give Africa their whole resources and ideas and be able to utilize the continent to their own benefit.”