16-07-2018 16:00 via newsbtc.com

Crypto to Expand Mobile Payments to Rural Networks Without State Control

China, which is on its way to becoming a cashless society, highlights how cryptocurrencies could be used for all global payments. However, the overreaching control of the Chinese state shows why cryptocurrencies are needed to maintain the financial freedom of citizens.
Mobile Payments Used in Rural Villages
Roughly two-thirds of China’s population use WeChat to make everyday payments by scanning QR codes. Alibaba’s Alipay also has around 520 million users. Due to the proliferation of
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