Press Release

Apollo Currency Signs MOU With Nation of Lesotho as Part of Blockchain Initiative

16th November 2019, SANDTON, South Africa – 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:

  • Create new wealth in the private sector by harnessing Apollo fintech solutions
  • Design and implement new government systems
  • Reduce financial crime
  • Maximize the commercialization of the nation’s mineral wealth
  • Eradicate challenges like unemployment, poverty and educational constraints

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.

For updates, visit Apollo Foundation:

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.

About Apollo Coin

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.

Learn more about Apollo Coinhttps://apollocurrency.com/en/
Find Apollo Coin on Facebookhttps://www.facebook.com/Apolloprivacycoin
Follow Apollo Coin on Twitterhttps://twitter.com/ApolloCurrency
Apollo Coin on Githubhttp://bit.ly/aplpubgit
Join Apollo Coin on Instagram – https://www.instagram.com/apollocurrency/?hl=en

Media Contact Details
Contact Name: Tim Vuychik
Contact Email: General@cryptoagents.pro


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Hong Kong Ignites the Future of Finance: Top Web3 and Crypto Events to Attend This April

Hong Kong Ignites the : Top Web3 and Crypto Events to Attend This April Hong…

2 hours ago

Bitcoin Breakout Looms: What’s Ahead for BTC, ETH, XRP in Today’s Crypto Market with Macro Shifts

Bitcoin Shows Early Breakout Signs Amid Shifting Market Winds The crypto market is at a…

3 hours ago

Blockchain Association Fires Back at Citadel Over Tokenized U.S. Securities Debate

Blockchain Association Fires Back at Citadel Over Debate A major battle is heating up in…

6 hours ago

How Swiss Banks Are Launching a CHF Stablecoin Pilot to Merge Blockchain and Fiat Worlds

How Are Launching a to Merge Blockchain and Fiat Worlds In a bold move to…

7 hours ago

Bitcoin Surges to $71,500 on US-Iran Ceasefire Hopes and Rate Cut Buzz | Circle CEO Targets South Korea Banks and Exchanges

Bitcoin Breaks $71,500 Barrier Amid Global Peace Signals Bitcoin has rocketed to new heights, touching…

9 hours ago

Japan’s 12 Million Crypto Users: Crafting a Solid Blueprint for Web3 Gaming

Japan's 12 Million Crypto Users: Crafting a Solid Japan stands out in the world of…

11 hours ago