A project under way in Kenya is linking Bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to spur innovative payments in Africa.
Kipochi, which means wallet in Swahili, is a web service launched earlier this month by entrepreneur and programmer Pelle Braendgaard, who has followed digital currencies since the 1990s.
The service lets people buy bitcoins using M-Pesa, a widely used mobile payments service launched by Kenyan operator Safaricom with partner Vodafone in 2007. About a third of Kenya's 44 million people use the service to transfer small amounts to other people using their phone number and to merchants.
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