ValueWeb makes the contention that you cannot have an internet of things without a real-time and cheap internet of value. A core part of this is focused upon building a cheap shared ledger structure for digital identity and digital currencies and guess what? That cheap shared ledger is most likely going to be built in Africa. In fact, Devie Mohan of Thomson Reuters, one of the many fine speakers at Dot Finance, predicted that Africa would invent the global standard for digital identity and she may well be right.
After all, Africa cannot function as a continent if transactions are expensive and exclusive of citizens living on a dollar a day and the Bill & Melinda Gates Foundation have made it their priority to solve this problem. The Foundation is investing millions in Sub-Saharan Africa to solve this problem. Interestingly, some of those problems are now being solved by African Fintech start-up companies.
http://bravenewcoin.com/news/africas-blockchain-transformation/
Topic: [2016-05-14] Africa’s blockchain transformation (Read 249 times)
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