ICOMarket

African ISP Cajutel to Use Blockchain to Increase Internet Access

High speed Internet provider, Cajutel, is using blockchain technology as a tool to raise capital for the development of internet services in Guinea Bissau and Guinea. By providing this, the company hopes to improve the economic and living standards of the area.

The CEO of Cajutel, Andreas Fink, explains that the company had embraced the blockchain and ICO methodology of raising capital, in other to open up opportunities for investment to many more people, rather than limiting it to the traditional wealthy investors. This was deemed necessary due to the existing difficulty in getting huge investors and venture capitalists to embrace the project using existing processes.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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