At Baracoin, we are building a fast, inexpensive payment and remittances network that will connect people and businesses across Africa like never before. The technology that will make this possible is the distributed digital consensus system known as the blockchain, which negates the need for much of the infrastructure and manpower that make traditional banking so costly, slow and inefficient.

Our system will be powered by two separate blockchain assets: Baracoin(BRC) and Baratoken(BRT), and they will each have their own unique role to play in the system. Baracoin is the main asset we will issue, and its purpose is to…


Photo by NeONBRAND

The opening weeks of 2018 were a bloodbath for the cryptocurrency market. After witnessing a phenomenal boom throughout 2017 that saw the market cap rise by more than 1200%, its value tanked by more than half, leaving many who had bought the high bemoaning their losses. The slide was in many ways anticipated. Numerous analysts both within and outside the cryptocurrency community warned that the surge in value had far outpaced real adoption and utility and predicted that a correction was soon in order. …


Today, we are proud to announce that we have signed a memorandum of understanding to cement our partnership with Stellar. The first part of this is integration onto the Stellar system aided by Lightyear.io. Lightyear’s mission is to assist partners with incorporating their service onto the Stellar network, developing, deploying and marketing partners.

With Stellar’s official integration team working alongside us, we are now poised to take our pace of development to another level, and the future we are working to create is closer and more tangible than ever before.

Here at Baracoin, we recognise the potential that financial inclusion…


Cryptocurrencies and the underlying blockchain technology that makes them function have the potential to solve a lot of the major problems that plague the way financial services are delivered today. The possibility of much lower costs, decentralized control and true transparency promises to give ordinary people more power over their financial destinies than ever before. This has driven a huge amount of interest, development and investment into solutions that make use of blockchains to simplify and secure banking. …

Baracoin

Africa’s Currency

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