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Bitsoko

Daniel Bloch of Bitsoko in Kenya will develop their mobile money platform known as Bitsoko, which integrates Blockchain technology for low-cost transactions mediated by bitcoins. They have built a mobile wallet and a point-of-sale service for merchants that allows money to be easily and securely transferred around the world using only a Bitsoko username, phone number or bitcoin wallet address. Bitsoko will also offer simplified options for paying household bills and payrolls. They will raise awareness of their platform to scale up the number of users and merchants, and continue to evaluate the security and capability of the platform.

More information about Enable Universal Acceptance of Mobile Money Payments (Round 14)

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The Bill & Melinda Gates Foundation is part of the Grand Challenges partnership network. Visit www.grandchallenges.org to view the map of awarded grants across this network and grant opportunities from partners.