He shed light on cryptocurrency as a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions, much of the interest is to trade for profit, with speculators at times when prices rise.
Ambassador Brownson in his remark frowned at the backwardness by many third world or African countries when it comes to the graduation to digital financial solutions, through crypto currency. He said his company is leading a charge to ensure that Nigerians, precisely Akwa Ibomites cash in on the revolution in the digital economy.
Fielding questions from members of the press on his experience and plans to sustain the coin, Mr Ubong boasted of his training with a Malaysian professional as far back as 2013, which has given him a wealth of experience needed to run the venture.
Speaking further, he also denounced fear of investment in crypto currency and forex, owing to regulations by government and crash of some trading platforms.
According to him, “Brando Coin is just like Bitcoin and other coins. It is important for people to know that coin does not crash, it is platforms that crash, the coin is a way of securing funds in a way that will not be affected by inflation, as I am talking to you, even the Central Bank of Nigeria is currently working on their own coin, this is the new way to go and I feel my people in Akwa Ibom State should not be left behind”.
Brando Coin was unveiled alongside the Exchange App, which allows for easy trade of Brando and other coins on the platform. The coin is currently on a 60-Day presale for interested buyers to secure.
© Nelson Nseabasi