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Techfoliance AFRICA | 15 décembre 2017

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Could crypto-technologies unlock the huge potential of Africa?

Could crypto-technologies unlock the huge potential of Africa?

In this documentary, you will better understand how crypto-technologies could have a huge impact on Africa.

Crypto-technologies are set to become the missing link that Africa needs to let the world transact with the continent. The full documentary is focusing on the case of Mergrimsa Rwanda-based Fintech that has developed a prepayment platform of products and services of first necessity.

Cryptocurrencies in Africa: Key Figures

The current number of unique active users of crypocurrency wallets worldwide is estimated to be between 2.9 million and 5.8 million.


Over the past 12 months, the African market has seen the emergence of more than 10 Bitcoin exchanges seeking to provide cheap and efficient trading services to African consumers.


To date, there are more than 1000 merchants accepting Bitcoin in South Africa.


The Central Bank of Nigeria, which oversees an inflation rate of 14%, making it the 6th-highest inflation rate in the world, recently announced that they cannot stop Bitcoin.


 

 

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