Successful dash merchant adoption initiative expands to uk

The Dash4Nigeria group, which has expanded outreach locally since last summer, held its first meetup in neighboring Cameroon this month in an effort to break into this new market, as well as establish a successful dash merchant adoption initiative expands to uk in the francophone African countries.

A meetup was held with a presentation via Skype session, including a question and answer period, to a small group of 11 attendees. Additionally, Dash ambassadors were able to present at a seminar with an audience of According to Dash ambassador Nathaniel Luz, Cameroon can profit from Dash by avoiding severe government regulations and complications with international currency transfers:.

The liberty of the citizens are reduced including economic freedom. Cameroon is bilingual and shares a land border with Nigeria, making it easy for us to reach out to them. To get the value of exchange for both currencies, the dollar is the yardstick. Individuals also leave their country to work in the other and successful dash merchant adoption initiative expands to uk money home periodically.

Cross-border and cross-currency payments can prove difficult and expensive, especially for remittances, with a variety of services required to perform the exchange.

Leveraging Dash can keep the same low fees for transfers anywhere, and a local Dash economy can deal with the problem of currency exchanges. While Cameroon has had some exposure to Bitcoin in the past, recent high fees and slow confirmation times has made its use as a currency extremely difficult across the whole world, a disadvantage that is only amplified in African countries.

Dash offers similar advantages, except without the inconvenient transactions, opening up a strong potential for growth in the region. According to Luz, locals in Cameroon have taken interest in Dash due to its long-term increase in valuation:. This is due to the increase in value as seen from the chart on Coinmarketcap. Dash could be poised for rapid growth as a currency in Cameroon as Luz believes that its use successful dash merchant adoption initiative expands to uk payments, combined with its funding and wide-reaching team, can lead to an increase in adoption:.

This is due to amazing features such as low fees, speed of transaction, easy successful dash merchant adoption initiative expands to uk use mobile application and a dedicated team ready to put them through the process of accepting and adopting Dash. As always with entry into a new developing market, liquidity is an issue, and there are few local options to buy Dash. Luz sees a barrier to growth being the ease of acquiring Dash, and has taken temporary measures to help grow liquidity in the local markets, with more long-term solutions planned:.

However, I see this as just a short term solution. For the medium term, we plan on getting existing local Bitcoin traders to begin trading Dash. Then we expand from there. Dash has had significant success in expanding to regions of the world with banking and currency problems.

Last fall, Dash outreach had already reached five different African countriesfollowed by the establishment of a successful direct giving program to combat extreme poverty. Venezuela, which has faced currency and economic hardships as well, has been a recent hotbed of Dash adoption thanks to a highly-organized and motivated team, with thousands learning about Dash and nearly merchants accepting it as payment.

Dash Expands African Outreach to Cameroon. Dash Expands African Outreach to Cameroon According to Dash ambassador Nathaniel Luz, Cameroon can profit from Dash by avoiding severe government regulations and complications with international currency transfers: According to Luz, locals in Cameroon have taken interest in Dash due to its long-term increase in valuation: Luz sees a barrier to growth being the ease of acquiring Dash, and has taken temporary measures to help grow liquidity in the local markets, with more long-term solutions planned: Read The Rest at dashforcenews.