The world of cryptocurrencies has been growing at a remarkable pace, with more and more people adopting them as a viable means of payment. However, one of the biggest challenges in using bitcoin in particular is the requirement of an internet connection to complete transactions. This is especially true in rural areas where internet access is limited, and people still rely on feature phones. But now, Machankura founded by software engineer Kgothatso Ngako is changing the game by making it possible for feature phone users in Ghana to make Bitcoin transactions.
Machankura is an innovative platform that facilitates Bitcoin transactions for feature phone users throughout Africa with Ghana recently being added to the list. The platform works by allowing users to send Bitcoin to a designated phone number, which can be received even on feature phones though SMS or USSD technology. All that jargon means is bitcoin can be sent through text messages which do not require a smart phone to complete. This means that people who live in remote areas or who do not have access to the internet can still transact in the peer to peer Bitcoin circular economy.
The process of using Machankura is straightforward. All you need to do is register on the platform and then link your Bitcoin wallet to your phone number. USSD code *920*8333# for example gives Ghanaians access to send and receive Bitcoin. The recipient will then receive a text message with instructions on how to access the Bitcoin.
This innovative move is expected to revolutionize the way people in Ghana transact in cryptocurrencies. With the majority of the population still relying on feature phones, Machankura makes it possible for them to participate in the world of cryptocurrencies without the need for expensive smartphones or internet connectivity.
Another advantage of Machankura is the security it provides. Transactions are protected by end-to-end encryption, ensuring that your Bitcoin is safe and secure. Additionally, the platform has implemented robust measures to prevent fraud and ensure that all transactions are legitimate. Machankura is not only making it possible for feature phone users to transact in Bitcoin but also helping to promote financial inclusion in Ghana. With more people gaining access to financial services, they can take control of their financial lives and improve their economic prospects.
In conclusion, Machankura is a game-changer in the world of Bitcoin, providing an innovative solution that makes it possible for feature phone users to transact in Bitcoin. This move is expected to revolutionize the way people in Ghana transact in cryptocurrencies, especially in remote areas outside of Accra, where access to the internet is limited. With Machankura, more people can participate in the world of cryptocurrencies and benefit from the advantages they offer.