Mobuscamjuan23 Sep, 2021Business
MOBU?s CEO Juan Engelbrecht has presented in over 30 countries his approach and insights to the future of banking and digital securities and in the process shared some valuable insights on the state of the African financial services sector. They have launched their own exchange of monetary value or digital currency to be used in several real-world businesses as a more efficient way to transact as the average cross-border transaction in Africa is around 16% in fees. MOBU intends to upgrade their currency to be 300 times faster than bitcoin and 10 times faster than SWIFT in terms of transactions per second. MOBU is currently trading on Cielo exchange owned by one of Asia`s largest gaming companies called Asibimo.
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