Bitsoko

A mobile wallet that implements Blockchain technology

Bitsoko is an Android mobile wallet that implements Blockchain technology in a bid to both remove the cost of transferring money between two individuals and to increase access to payment services. Our innovative solution doesn’t just allow bitcoins to be instantly sent around the world at minimal cost; our approach integrates Blockchain technology into the current mobile money platform in Africa and service providers, allowing access of funds to be sent from the developed world through Bitcoin to be received as mobile money. By integrating specific services such as energy providers, paying bills, payroll solutions for merchants in Kenya, we hypothesize that these easy-to-use services will create a system that can support small scale payments in all aspects of financial lives. These solutions to lower the costs of sending and spending funds can provide the stability and empowerment for further solutions and innovations to be created on our open development platform. We can replicate our services to integrate Blockchain with mobile money in East Africa throughout the continent and the rest of the world.

Name CEO: Gibz
Company founded in: 2014
Country: Kenya
Website: https://Bitsoko.io
Twitter: @Bitsoko
Category: Blockchain & Bitcoin

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