Topic: Can Blockchain Bring change into Africa? - page 8. (Read 837 times)
To be honest lately a lot of statistics and from what we have seen, Africans are showing more interest from others in the whole blockchain and cryptocurrency technology, a lot of projects ans new ideas that are using this technology are being created by Africans, even governments are showing interest in it and using it in their systems, and this is a very interesting thing to notice, as more and more African countries are showing great growth and development and i am sure that they are going to prove themselves to the world.
With the high levels of corruption in most African countries, I believe that the blockchain technology would be the very thing that this continent needs. It will undoubtedly make everything transparent so that every person would be able to see exactly what's going on and thus prevent high levels of corruption and fraud by most of our so called leaders and politicians.
Maybe blockchain technology could help. I'm not sure that it can solve the corruption but it might help in other area and support the industry. But for implementation of blockchain some technical and technological preconditions are needed, also the digital infrastructure and digital skills of officials and people in general. Blockchain isn't some kind of magic tool that can be implemented over night to solve all issues.
Blockchain Stands in for Security, transparency and accountability. When ever a country get better security , and their system is transparent with full of accountability that country makes a change. look at county like Dubai, Singapore practice that just to stop corruption and its has help them allot. Blockchain can makes it easy for Africa.
With the high levels of corruption in most African countries, I believe that the blockchain technology would be the very thing that this continent needs. It will undoubtedly make everything transparent so that every person would be able to see exactly what's going on and thus prevent high levels of corruption and fraud by most of our so called leaders and politicians.
Maybe blockchain technology could help. I'm not sure that it can solve the corruption but it might help in other area and support the industry. But for implementation of blockchain some technical and technological preconditions are needed, also the digital infrastructure and digital skills of officials and people in general. Blockchain isn't some kind of magic tool that can be implemented over night to solve all issues.
In addition to the high corruption in African countries, social inequality is very high, which would make the learning and access of the most deprived population to blockchain technology virtually impossible. The principle of everything for Africa would be the creation and maintenance of effective and progressive social programs for all the population in need.
With the high levels of corruption in most African countries, I believe that the blockchain technology would be the very thing that this continent needs. It will undoubtedly make everything transparent so that every person would be able to see exactly what's going on and thus prevent high levels of corruption and fraud by most of our so called leaders and politicians.
The nature of Africa was decentralization! Africa was unite and great until colonial masters began to centralize everything. Now all the resources is control by the western world. Now that the world is changing and blockchain is bring back decentralization to the world would Africa get their power back?
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