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El Salvador Taps Koibanx to Help Make National Crypto Adoption A Reality  

A partnership between Latin crypto company Koibanx and the county of El Salvador is set to help the country formally adopt Bitcoin and cryptocurrency. So reports Yahoo! Finance..

El Salvadore flag 1040590 640To that end, Koibanx is planning to use Algorand as the keystone to its blockchain infrastructure. Algorand is a Proof-of-Stake blockchain that has already been used in a number of applications including COVID-19 response, smart contract financing and “point-of-sale credit issuance systems.”

Read the full article from Yahoo! Finance.

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