Cryptocurrency and Blockchain Solutions
Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo are said to be considering using cryptocurrency and blockchain technologies powered by The Open Network (TON). Cameroon, on the other hand, is considering launching a national stablecoin based on the same blockchain network. According to a statement made by The Open Network (TON), the Democratic Republic of Congo (DRC) is considering launching a national stablecoin based on blockchain. Furthermore, the DRC, along with Cameroon and the Republic of Congo, intends to use TON-powered cryptocurrency and blockchain-based solutions. The revelation of the blockchain entity's plan to supply these solutions followed successful discussions with each of the three nations, according to TON's statement. The three nations' adoption of TON's crypto and blockchain solutions will be phased in, according to the release. Léon Juste Ibombo, the Republic of Congo's Minister for Posts, Telecommunications, and the Digital Economy commented on the possibilities of his country's potential partnership with TON, saying: "The Republic of Congo has been on this path for a number of years, having encouraged and witnessed the widespread adoption of mobile payments across the country." This is the next phase in the process, and we feel TON is the appropriate partner to help us get there. This will be a wonderful, practical tool for both the government and our people in terms of wealth generation and growth. Ibombo's DRC colleague, Désiré Cashmir Eberande Kolongele, echoed similar comments, expressing his country's satisfaction in taking this step. He claims that launching the stablecoin will provide "millions of unbanked and underbanked person access to our financial system." "The relationship with TON can play a crucial role in the digital ecosystem of Cameroon for expanding payment solutions and financial inclusion via CAMPOST, the state postal operator," said Minette Libom Li Likeng, Cameroon's Minister of Posts and Telecommunication.
