Groupe Nduom is set to spearhead the cryptocurrency revolution in the country. President of the multinational holding company, Dr Papa Kwesi Nduom is convinced there are enormous benefits the country can derive from adopting cryptocurrencies. He, however, says this would be done with due diligence. There have been concerns about the security of virtual currencies in recent times, forcing a drastic dip in value, especially for Bitcoin. The Bank of Ghana has also cautioned the public on the use of cryptocurrencies, strongly encouraging the public to do business with only institutions licensed by the Central Bank to ensure that such transactions fall under their regulatory purview. However, some analysts remain positive about the future of the virtual currencies despite recent setbacks. “We are going to make sure the cryptocurrency revolution going on doesn’t pass us by. We are doing whatever we need to do to make sure that if there is something good there, we grab our share of it for the benefit of Ghanaians” Dr Nduom said when he addressed the launch of the IPO of DigiCut Advertising, a subsidiary of the Groupe Nduom. Earlier in the year, Vice president of Groupe Nduom, Papa-Wassa Chiefy Nduom, urged the Bank of Ghana to diversify its investment by placing some of its funds in Bitcoin. He urged the central bank to invest about one percent of Ghana's reserves in Bitcoin.