First Logistics ICO to Be Launched in Kenya

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

Thu, 30/08/2018 - 19:24

First Logistics ICO to Be Launched in Kenya

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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.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.