Weownomy has rebranded its bitcoin cash, ABC, as eCash, reports ITREALMS.
Weownomy, he said, is investing $3 million in Bitcoin ABC which was newly rebranded as eCash XEC coins, to be issued, to 30,000 Weownomy co-owners.
According to him, the digital age has also created some negative consequences such as cyberbullying and other online dangers.
Weownomy, therefore, aims at making things easier for users by offering them their own personal income social network (www.Weownomy.global) that they could use with eCash cryptocurrency which will be low-fee and globalized.
"It's hard to believe that in this day and age of modern technology there are still billions of people who don't have access to banking services. This number is even more shocking when you consider how many of these individuals live in countries without internet access," he said.
Stressing that Weownomy has been looking into adopting new technology as they believe it will allow the company to better serve user owned global platform.
"They have found that cryptocurrency can help achieve this goal, and they are adopting eCash which is a cryptocurrency designed specifically for social media users globally. Users will not need an account with a bank or credit card company in order to make transactions; they only need their phones and access to the internet," Luyima said.
Chuks Egbune/Editor
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