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The MoPAS MarketPlace is scheduled to be launched in Lagos on Thursday by Semic International Limited, a leading local firm.The scheme, according to a statement by the firm, allows holders of the TBC to shop on e-commerce platforms including Jumia and Konga using naira and the TBC.
It said the development followed partnerships between Sembic and the e-commerce firms.
You can sign up for your account with MoPAS MarkePlace to shop with your cash and TBC with Jumia and Konga Here.
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The statement read in part, “MoPAS MarketPlace is an initiative and product of Sembic International Limited. This is the first time in Nigeria that an indigenous company has been able to create a solution for the acceptance of the currency of the not-too-long future, thereby positioning Nigeria for the financial revolution, redefinition, and disruption that is about to happen through the blockchain technology.”
Commenting on the development, the Chairman, Sembic, Mr. Victor Akinbile, said, “We came up with this product in order to boost digital currencies revolution. This was why we went ahead to strike a deal with major e-commerce organizations in Nigeria through the product called MoPAS MarketPlace.
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“This is meant to ensure that the TBC holders can, through the MoPAS MarketPlace, shop on e-commerce platforms (including Jumia and Konga) using naira and TBC. The TBC is now redeemable on Jumia and Konga through MoPAS MarketPlace!”The TBC is one of the cryptocurrencies currently in the global business landscape.
According to Akinbile, many Nigerians have invested in the TBC and seen their investment increase in value on a daily basis.
The chairman, however, noted that cryptocurrencies including the TBC had yet to be fully legalized in Nigeria.
This, he noted, was because the Federal Government through the Central Bank of Nigeria was still understudying cryptocurrencies and the use cases of the blockchain technology.
