Bullion-backed Monetary System to be Launched in Indonesia by Kinesis

Kinesis Money has recently collaborated with numerous important key players such as the Jakarta Futures Exchange, the state-owned post office including the Indonesian government in launching a backed monetary system in the country. The CEO of Kinesis Money, Thomas Coughlin explained, “Blockchain-based currency is a fantastic idea with many potential applications, but so far this potential has been squandered, generating more heat than light.”

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