Place/Date: SANDTON, South Africa - November 16th, 2019 at 3:44 pm UTC · 2 min read
Contact: Tim Vuychik, Source: Apollo Coin
All-in-one cryptocurrency platform Apollo Foundation is announcing an MOU with the nation of Lesotho to develop and implement blockchain technology in various government departments and initiatives. The Ministry of Communications, Science, and Technology acted on behalf of the Lesotho government in signing the memorandum of understanding with the foundation. The main objectives of the Apollo Foundation blockchain initiative are to:
Steve McCullah, director of business development for Apollo stated:
“Lesotho is working to become a leader in technology.”
“We are confident Apollo can help accomplish this mission.”
Lesotho is a Southern African nation of 2.2 million with a large number of opportunities to improve its economy, including the export-import sector, remittances from workers, and the mining and trade of diamonds. Apollo blockchain technology is seen as a key solution to improving government services and initiatives, reducing the friction of cross-border remittance payments, and advancing the commercialization and trade of mineral wealth, especially diamonds. Global spending on blockchain will reach $12.4 billion by 2022.
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Apollo (APL) all-in-one currency combines nearly all features of mainstream cryptocurrencies into the fastest blockchain in the world. Boasting features and advancements such as the first implementation of database sharding, adaptive forging, atomic swaps, two-second blocks, encrypted messaging, a decentralized marketplace, a decentralized exchange, decentralized applications, and decentralized file storage, Apollo stands as the most feature-rich cryptocurrency on the market and one of the most advanced.
the main currency of the blockchain already shows reliable growth liquidity and can be purchased at Bitmart and IDAX. The team’s approach stands for the development of the complete infrastructure which makes APL a good asset to hold and use shortly. That is what happens when the passion to create and professional approach to meet each other in one team.
Disclaimer: Apollo Coin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value or value at all. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.