Zimbocash(ZASH) token, Zimbabwe’s national decentralized cryptocurrency has just been listed on top Korean cryptocurrency exchange Bithumb.
This information was contained in a report by Zimbabwe Independent. According to the report, it is believed that the token launch and listing will propel Zimbocash in providing an innovative solution for fixed money supply, known as sound-money despite the Zimbabwean Dollar continuous collapse in value.
Furthermore Zimbocash’s head of communications and economist, Philip Haslam was quoted in a statement, saying;
We believe that Zimbocash is perfectly positioned to solve this problem by fixing the amount of money in the country using blockchain technology. Our aim is to provide sound money.” While creating an alternative currency for an entire nation in crisis is an ambitious goal, Haslam said blockchain technology has been the game changer to enable this kind of project.