Cambodia will present the national crypto currency developed following the example of Venezuela
Venezuela pushed Cambodia to the crypto-currency path.
At the upcoming summit of ASEAN 2018 BlockChain, which will be held Xnumx March in Phnom Penh, Cambodia can announce a new encrypted currency Entapay.
The initiators of the project of the North Caucasus crypto currency announced:
"2 February, the Venezuelan government began pre-sale … a digital currency called Petro. It is aimed at helping the country to prevent (consequences) economic sanctions of the Western world, to create a new channel for economic development for a country suffering from strong inflation. "
It was the Venezuelan project that became the impetus for the creation of its own crypto currency in Cambodia, according to a report on the future launch of the crypto currency, Bitcoinist.
"It is expected that Entapay will become a link between the integration payment of the encrypted currency and the real world. It has great potential to even replace VISA as a new mode of mass payment, "the initiators of the project maintain.
Author: Evgenij Novožilov, Analyst Freedman Club Crypto News
Image from Fotolia
Source: Read Full Article