
Dr.-Ing. Getahun Mekuria
@drgetahun
Advisor: Inclusive Financial Tech Foundation, InFTF (former XRPLF) |
Former Minister: Education | Former Minister: Science, Tech, Innov., Ethiopia |
ID: 979648822702952448
https://inftf.org 30-03-2018 09:17:35
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143,143K Followers
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"Cooperative Bank of Oromia Launches Africa’s First Blockchain-Powered Remittance Service" ethiopianbusinessreview.net/cooperative-ba… Cooperative Bank of Oromia Ethiopian Business Review




It’s a tremendous honour to formalize our commitment to the African Union #AuPeaceFund initiatives and help enable the vibrant African Diaspora to donate to the cause via the Xahau Network blockchain.


Honoured to sit & interact with H.E. Dr.-Ing. Getahun Mekuria a seasoned Ethiopian Engineer Almas Tower who recently introduced InFTF Xahau Blockchain to one of Ethiopia's Largest Banks, a First in the East African Region. ahmed binsulayem Mishal Kanoo مشعل كانو James Bernard DMCC Crypto Centre




It has been a year since the launch of the Xahau Network . A lot has happened in that time, most notably the acceptance of the network by large entities, even intergovernmental organisations, as a potent means to fill the gaps that conventional systems leave unfulfilled.




Today marks a historic event in the life of Xahau Network and the entire ecosystem. 10 GateHub EUR equalling 1350 ETB (Ethiopian Birr) was sent from a non custodial Xaman® Wallet 🪝 account to a customer bank account at Cooperative Bank of Oromia . The cost of the transaction was a fraction


The ability for a person (especially migrant diaspora) to be able to send money at a very low cost across currencies from their own non custodial wallet, is finally possible. I especially thank forward looking banks like Cooperative Bank of Oromia for helping us create this path.




