First Logistics ICO to Be Launched in Kenya

  • Alex Dovbnya
    📰 News

    African crypto boom! Kenya launching the crypto dubbed TMX. The new currency will be launched by one of the shipment industry leaders TMX Blockchain Logistics


First Logistics ICO to Be Launched in Kenya

African crypto boom is continuing with Kenya launching the first logistics cryptocurrency dubbed TMX Global Coin (TMX). The new currency will be launched by one of the shipment industry leaders TMX Blockchain Logistics.

According to the company’s chief executive Anthony Njoroge, the utilization of an innovative Blockchain technology will increase the openness and transparency of cargo logistics. On top of that, it will be a more cost-effective solution since the price of shipment is already predetermined for a specific process.

The first Kenyan ICO will be launched in September.   
 

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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