Mount Kenya Archives - 2100NEWS

UrbanOctober 25, 2018


Mount Kenya provides visitors with a picturesque appeal reminiscent of the ambiance in a world of utopia. Beyond the charm and aura lies a tech-savvy Kenyan restaurant that has incorporatedcryptocurrencies for facilitating payment.

Betty’s place puts its culinary skills into effective use in “nyama choma,” a tantalizing goat meat barbeque that many Kenyans savor.

Situated in the rural town of Nyeri, roughly 150km (90 miles) from the sprawling federal capital, Nairobi, it is one of the few startups in the country that has embraced blockchain technologies by allowing customers make payment with two cryptocurrencies – Bitcoin and Dash.

The Proprietress of the restaurant enthused on her ability to latch onto the big picture.
“Since the world is becoming more global, my place is also becoming a global restaurant,” she said.

The dividends of her ingenuity include the traffic of visitors who stop by at her restaurant from different parts of the world.

“I attract different customers from different parts of the world, whichever coin they have. As long as it’s a viable coin, we accept it.”

Ms. Wambugu ventured into trading in Bitcoin some years back, and within the space of 24 months, her working capital became large enough to purchase the two-story Nyeri hotel which she renamed Betty’s Place.

Strategically located along Nyeri’s major road axis, Betty’s Place has a commanding aesthetic appeal with its bright mustard-colored walls and magnificent windows. The design itself is a luring invitation to the libido that wells in the stomach. Hungry patrons fall to the bait of such irresistible aroma of meat on the grill. When you add the melodious symphony of the Kenyan orchestra, you can imagine why many have found the place as a resort.

Bitcoin Tutorials

Betty’s Place is not just a place where you enjoy the unique culinary cuisine of Kenyans, and it is also becoming a citadel for learning the rudiments of Bitcoin. Ms. Wambugu prides herself as a crypto-currency pioneer, and it will be out of place if she is faulted since she is putting her nous into effective use.

She introduced tutorial sessions on bitcoin for interested individuals, and the classes hold every Sunday at her restaurant.

“I’ve set aside one day where I can teach my customers. Whoever asks about cryptocurrencies: How does it work? What is Bitcoin? I train them.” she said.

Blockchain Technology Used In Housing Scheme

Cryptocurrency adoption in Kenya keeps rising despite a recurrent warning by the country’s apex bank, advising its citizens on the dangers of dealing with digital assets. While the country’s central bank has warned citizens against cryptocurrencies, the State’s Housing and Urban Development has rolled out plans to incorporate blockchain technology for the distribution of Government housing units.

The latest innovation is aimed at developing a scheme that will efficiently allocate houses using sophisticated ledger for proper management.

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