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arXiv · 1901.06249

Rwandacoin: Prospects and challenges of developing a cryptocurrency for transactions in Rwanda

Oluwafunmilola Kesa·Violette Mahoro
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Abstract

The use of cryptocurrencies such as Bitcoin and Ethereum in performing online transactions has been on the rise in the world. Africa as a continent is not left out in the adoption of blockchain and cryptocurrencies. This paper explores the prospects and challenges of developing a cryptocurrency in Rwanda which we denote Rwandacoin. In addition, the paper discusses the potentials of Rwandacoin easing intercountry trading in East Africa.

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Oluwafunmilola Kesa, Violette Mahoro. 2019-01-11. Rwandacoin: Prospects and challenges of developing a cryptocurrency for transactions in Rwanda. https://arxiv.org/abs/1901.06249

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