The new regulations on mobile money transactions have left many is downcast but for some who do not lose a feeling of trust the newly discovered substitute for mobile money is now on the rise.
The first decentralized currency system in Zimbabwe, Zimbo-Cash, has proven to be a stable mobile money alternative platform through its ZASH trading system.
ZASH has taken the digital space of most Zimbabweans by astonishment with hundreds signing up the past week upon the instant ZASH amount of 3,125 that one gets as soon as they subscribe.
A cryptocurrency (the digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology a distributed ledger enforced by a disparate network of computers.) technology is enabled to counter the problems associated with hyperinflation in the Zimbabwean economy. Once you have access to your token, you can make transfers to anyone around the world or across the country.
The greatest thing is that for Zimbabweans joining is for free. At such a time with economic difficulties, ZIMBOCASH is resolving the basic need for comprehensive money in the nation of Zimbabwe