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Zimbabwe Partnering Up With Fintech For Gold-Backed Digital Currency

Zimbabwe has already seen the surge of bitcoin casinos along with different online websites

• In the most recent effort to embrace the fintech revolution, that country has set out to partner up with local fintech professionals to create its first-ever gold-backed digital cryptocurrency.

• According to Apollo, this isn’t the only project that the company will be collaborating with the Zimbabwe government on and there is much more in store for these two.

Zimbabwe is starting to embrace the fintech more and more, seeing the potential of the technology and how it could make life easier for a lot of citizens.

In the most recent effort to embrace the fintech revolution, that country has set out to partner up with local fintech professionals to create its first-ever gold-backed digital cryptocurrency.

The government will be backing up the entire process and hopefully, we will be seeing the results of this collaboration soon enough.

Even though the information has not been confirmed by the government quite yet, the local residents are saying that the deal is pretty much done and on top of that, recently the CEO of Apollo Fintech recently publicly confirmed that the collaborations with the Zimbabwe government is in place and the citizens will be able to access a gold-backed cryptocurrency very soon.

Digital currencies have been gaining more popularity across the country and more businesses are now offering the option to pay with digital currencies, most often with popular cryptocurrencies like bitcoin, etherium and etc.

Zimbabwe has already seen the surge of bitcoin casinos along with different online websites that offer you to make your deposits through cryptocurrencies online.

Who is the company behind this project

Apollo is a world-famous blockchain technology provider and probably the fastest as well.

The friction payment methods have been rolling out across Zimbabwe for a while now, but the country wants to explore the cryptocurrency industry more and focus on the blockchain technology in order to deliver the fastest services to their citizens while guaranteeing their security and transparency of the entire process. Full Article