How the mobile money system saved hargeisa

[theyuusuf143]

Despite the massive scale of the hargeisa fire breakout the ZAAD and E-DAHAB mobile money system prevented a great loss. In hargeisa most peaple buy things with their mobile. In fact Zaad is just like a bank account , that's where every one keeps his money all the time. Not just the hard currency but even somaliland shillings is digitalized.

Here is the real disaster that awaits us if hackers compromise somaliland mobile money system. This system is not insured by any formal bank. While I am very glad that the system saved us today, we should introduce new laws to protect our digital asset. In other words the money we keep in the zaad must be insured by their bank and the terms and conditions should be clear in case of loss or theft.

Hargeisa will rise again and JSL will prevail with great strength .

[paperino]

Despite the massive scale of the hargeisa fire breakout the ZAAD and E-DAHAB mobile money system prevented a great loss. In hargeisa most peaple buy things with their mobile. In fact Zaad is just like a bank account , that's where every one keeps his money all the time. Not just the hard currency but even somaliland shillings is digitalized.

Here is the real disaster that awaits us if hackers compromise somaliland mobile money system. This system is not insured by any formal bank. While I am very glad that the system saved us today, we should introduce new laws to protect our digital asset. In other words the money we keep in the zaad must be insured by their bank and the terms and conditions should be clear in case of loss or theft.

Hargeisa will rise again and JSL will prevail with great strength .

You aren't making sense; $2 billion has been lost!

[TarTar]

Despite the massive scale of the hargeisa fire breakout the ZAAD and E-DAHAB mobile money system prevented a great loss. In hargeisa most peaple buy things with their mobile. In fact Zaad is just like a bank account , that's where every one keeps his money all the time. Not just the hard currency but even somaliland shillings is digitalized.

Here is the real disaster that awaits us if hackers compromise somaliland mobile money system. This system is not insured by any formal bank. While I am very glad that the system saved us today, we should introduce new laws to protect our digital asset. In other words the money we keep in the zaad must be insured by their bank and the terms and conditions should be clear in case of loss or theft.

Hargeisa will rise again and JSL will prevail with great strength .

digitalization is the future. gotta level up on cyber security. this fire was a wakeup call for better city planning. never let a crisis go to waste

[theyuusuf143]

Despite the massive scale of the hargeisa fire breakout the ZAAD and E-DAHAB mobile money system prevented a great loss. In hargeisa most peaple buy things with their mobile. In fact Zaad is just like a bank account , that's where every one keeps his money all the time. Not just the hard currency but even somaliland shillings is digitalized.

Here is the real disaster that awaits us if hackers compromise somaliland mobile money system. This system is not insured by any formal bank. While I am very glad that the system saved us today, we should introduce new laws to protect our digital asset. In other words the money we keep in the zaad must be insured by their bank and the terms and conditions should be clear in case of loss or theft.

Hargeisa will rise again and JSL will prevail with great strength .

You aren't making sense; $2 billion has been lost!

More could have been lost if we were not a cashless society. The good thing is we didn't loose the peaple who created that wealth at the first place. They will restart their businesses , of course some may never recover but others will rise from the ashes. Overall this disaster happened at the right time it will have positive impact for the future. Not just for somaliland but other countries in the region as well.



EMERGENCY APPEAL: to those who want to contribute here is the officially stated accounts by the mayor of our capital and his committee appointed by the president. Donate now . Its better to only contribute to the accounts controlled by the mayor and his team. The mayor is the true representative of hargeisa peaple. What ever he says or suggests should be taken seriously.

[theyuusuf143]

Here is the official page of the hargeisa municipality. Like their page for accurate official updates.