How #blockchain is Helping #africa to Develop
▻https://hackernoon.com/how-blockchain-is-helping-africa-to-develop-d150bb85e90a?source=rss----3
How Blockchain Can Help Africa to DevelopWhile Europe and Asia have already experienced several successive waves of cryptomania and are still struggling unsuccessfully with conservative elements inherent to state structures and national financial regulators to develop this market, Africa, in contrast, is showing interest in blockchain and digital money.SourceUnconditional leaders in this area include South Africa, Morocco and Nigeria. These states have shown an increased interest in crypto-money, on a par with average European and Asian countries.Africa’s #gdp is growing 3–4% per year and could grow even faster. However, a serious obstacle to continued economic progress is an underdeveloped financial infrastructure and the relative weakness of the continent’s national currencies. All of (...)