Terra Incognita: Africa’s Crypto Boom Is Just Getting Started

in #africa7 years ago

"The continent is rife with opportunities for blockchain startups and integration.

Africa is often a forgotten continent in the tech world. However, blockchain is set to boom in a big way across the landscape; in fact, it has already begun to.

Blockchain’s journey into African markets appears to be taking a similar course. The traditional, brick-and-mortar banks that are stalwart pillars of the ‘western’ financial world are impractical and inefficient in the same ways that the landline telephone industry was. However, the mobile banking, lending, and payment services that blockchain offers have allowed unprecedented access to banking services."

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https://www.financemagnates.com/cryptocurrency/news/terra-incognita-africas-crypto-boom-just-getting-started/