Wednesday, April 11, 2018

Why Cryptocurrencies Could be the Solution to Africa’s Payments Challenges


New technology often creates a chasm between those who have and those who do not. You don’t see a great need for mobile food delivery or dog walking service apps in impoverished countries. Nor is there much demand for driverless cars in regions with no roads. However, one area where technology has the potential to help those living in underdeveloped parts of the globe is digital currency. There is a genuine need for a secure way to make digital payments and loans for small transactions. The technology is greatly needed in regions where most people are poor (by developed country…

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