Banyan Investment Develops LETS COIN in Kenya

Liputan6.com, Jakarta – Banyan Investment Banking & Hedge Fund Statutory Trust, has entered Kenya by establishing its regional headquarters in Nairobi. In addition, Banyan Investment Banking & Hedge Fund Statutory Trust also announced the launch of LETS COIN, a digital complementary currency.

LETS COIN, designed to empower local communities by enabling merchants, entrepreneurs and other users to participate in the growing digital economy. LETSCOIN has also received banking support from Deutsche Bank Germany and ABC Bank as local custodian banks.

Meanwhile, Banyan Investment Banking & Hedge Fund Statutory Trust has also introduced AI technology to review carbon credit deposits in Kenya to transform economic opportunities for farmers and other stakeholders in the larger economy.

In encouraging this initiative, PT Eidara Matadata Presisi and PT Aeroterra, technology companies based in Indonesia were invited to become the main technology providers to implement Pilot Project in developing Carbon Deposit Data in Kenya.

Banyan Investment Banking & Hedge Fund Statutory Trust, Dr. Thana Balan, said, this step is an effort to rejuvenate the Earth through the use of software and hardware technology to analyze and measure land data using artificial intelligence-based drones.

“This advanced technology can provide accurate, real-time geographic data to measure carbon deposits in land survey areas.” he said in a written statement, Monday (10/6/2024).

PT Eidara Matadata Presisi and PT Aeroterra are two companies from Indonesia that have been selected by the Banyan Investment Banking & Hedge Fund Statutory Trust to carry out its first Voluntary Self-Help Pilot Project to meet the socio-economic interests of the Kenyan Nation and the East African Community under its Humanitarian Contribution Campaign Program Banyan Investment Banking & Hedge Fund Statutory Trust.