Tuesday, October 21, 2025
24.1 C
Lagos

mCoin, 1st Crytocurrency Outside Internet Unveiled

Introducing mCoin, the first cryptocurrency accessible on any mobile. mCoin is a unique first of a kind inclusive cryptocurrency, that makes it possible for the 3 billion people around the world who don’t have access to the Internet to take advantage of new kinds of services tied to block chain technology.
mCoin is powered by ONEm’s Global and scalable Platform, which has the ability to reach billions of people around the world even through traditional mobile without the Internet.

Unlike other Cryptocurrencies, people will have the ability to trade mCoin securely through their SMS based virtual wallets which is not connected to the Internet. Users will be able to earn mCoins through “Pseudo-Mining” which is a type of “Proof of Work” based on meaningful activities.

mCoin is bringing together a community of people outside the domain of the Internet who for the first time will be able to participate in sharing information that will have positive social and economical impact.

Millions of small businesses around the world will have access to mCoin through ONEm’s Sweb for Business, Market Place, mCatalogue and many social applications that use SMS and/or the Internet.
ONEm’s powerful ecosystem can be harnessed by Governments and Organizations to provide valuable services for their citizens who don’t have access to the internet, and in the same vein make use of mCoin’s underlying SMS accessible blockchain technology.

“It is exciting to see so many people who share in our vision for an inclusive Cryptocurrency outside of the domain of the Internet. People from all over the world are participating in mCoin Pre ICO and taking advantage of the attractive bonus packages now available as they see tremendous high growth potential of a cryptocurrency that can reach this very big un-tapped market” said Christopher Richardson, CEO of ONEm.

spot_img
spot_img
spot_img

Hot this week

When Transparency Becomes Luxury: INEC and ₦1.5bn FOI Controversy

By Chike Walter Duru When the Independent National Electoral Commission...

Unity Bank Corpreneurship Challenge Beneficiaries Hit 578 as 30 More Winners Emerge

  No fewer than 578 young entrepreneurs across Nigeria have...

Polaris Bank Reinforces Commitment to Exceptional Customer Experience at Global Trade Forum in Ibadan

Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris...

Fidelity Bank Bags Awards for Best Export, Trade Support and Innovation

  Fidelity Bank’s market leadership has been affirmed once again...

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Topics

Insurance Meets Tech (IMT) Lauds NIA for Strategic Fintech Collaboration

Insurance Meets Tech (IMT), West Africa’s foremost conference and...

Oando Joins African Energy Week 2023 as Platinum Sponsor, Clean Energy Partner

    The African Energy Chamber (AEC) is pleased to announce...

Fidelity Bank CEO: Why Banks Lend Short-Term

Bank deposits are mainly short-term in nature and lending...

Africa’s Reinsurers Concerned about Lower Profitability, Uncertain Economic Outlook

The mood among Africa’s reinsurance executives has become more...

Stanbic IBTC Bank PMI: Business Activity Falls for First Time in 8 Months

The Nigerian private sector moved back into contraction territory...

First Bank Issues Profit Warning as Impairments Stunt Earnings

First Bank has issued profit warning on its financials...

Stanbic IBTC Bank Strengthens Regulatory, Customer Relations with Strategic Trade Forum

Stanbic IBTC Bank’s Corporate and Investment Banking (CIB) division...

Stanbic IBTC Asset Management Assigned ‘AA(IM)’ Rating

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC...
spot_img

Related Articles

Popular Categories

spot_imgspot_img