Can blockchain make a difference? Africa sees vast monetary potential

Can blockchain make a difference? Africa sees vast monetary potential


As technological innovations continue to spread across Africa, the continent could provide some unique use cases for blockchain technology. African has been continually driving innovation in a number of spaces, with mobile payments a prime example of the potential for technology to drastically improve the lives of everyday Africans.

While many countries in Africa are still considered to be developing economies, some of its most prominent states have been at the forefront of technological innovation. The use of blockchain technology is becoming part of the equation as it permeates different industries and institutions.

Michelle Chivunga, CEO and founder of digital economy and blockchain solutions group Global Policy House, as well as an advisor to the governments of Bermuda, the African Union and the United Kingdom, told Cointelegraph:

Trending: Just In: New Lawsuit in Georgia from Trump Attorney Phillip Kline Targets over 100,000 Illegal Votes

“Countries in Africa including Ghana are looking into using blockchain for land registry and many countries at digital identity, provenance in supply chains, healthcare and financing. E-commerce and fintech are major

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Send this to a friend