Cambodia to introduce cryptomena with a potential to VISA
Cambodia, inspired by Venezuelan Petrom, has decided to issue its own Entapay cryptome. An expected announcement could happen tomorrow.
Cryptomena with the potential to replace VISA
On March 7, the Association of Southeast Asian Nations (ASEAN) 2018 BlockChain summit will take place in Cambodia, Phnom Penh. It is at this summit that the announcement of the issue of the new state cryptomenate Entapay is expected. According to organizers, this project has the potential to replace paying giants, such as VISA. Entapay is expected to connect cryptoms with the real world and will eventually become the main payment system not only in Cambodia.
Petro as an inspiration
The Entapay project is compared to Venezuelan Petrom, which helps Venezuela avoid sanctions in the Western world. At the same time, it provides a new channel of economic development for a country suffering from huge inflation. Questions about the government's motives and the ability to secure funding for Petro's publishing, sharply contradicted the silently applauding countries that want to use the boom of blockchain technology. Cambodia is one of them, and in this way she would also like to take a "piece of cake".
conclusion
In the future, national cryptoms are expected to grow. Their crypts are planning to issue Turkey or Iran in the near future. Last week, they announced the launch of their own crystalline Marshall Islands project, which they are even preparing for ICO. Its official name is the Sovereign (SOV), and will be circulated in circulation along with the US dollar, which is an official payment in this tiny island country.