[VIDEO INTERVIEW] A Chat with Founder, Machankura – The First Bitcoin USSD Service in Africa

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BitKE sat down for an exclusive interview with the founder of Machankura – the first Bitcoin USSD service in Africa.

Machankura is a slang word for ‘Money’ in South African townships.

Discussing the challenges faced during the launch of Machankura, Kgothatso, the founder of the service, highlighted getting reliable service providers as a big challenge.

Except for Namibia, Machankura has deployed the service via Africa’s Talking across the other markets it is currently operational.

In this interview you will learn:

  • 00:00 – Intro
  • 02:44 How did Machankura come up?
  • 04:30 – The Meaning of Machankura
  • 05:09 – Challenges of a USSD crypto in Africa
  • 07:47 – About legal implications
  • 10:10 – About the expansion of Machankura
  • 11:06 – Coming up with Usernames
  • 13:12 – Number of current users\Countries
  • 14:48 – About Satoshi’s
  • 16:26 – Ease of getting a Machankura account
  • 17:41 – Base network of operation
  • 22:05 – Transaction rates\fees
  • 22:50 – Machankura partnerships
  • 24:54 – Futuristic plans
  • 25:53 – Advice to Start-Ups
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