Blockchain technology is not a new paradigm in Africa, as various entities, particularly venture capitalists and fintechs, are increasingly venturing into it.
To date, there seems to be an increasing appetite for blockchain in Africa, with the public sector and corporates interested in making use of it in systems such as online payments, international money transfers, and tracking raw materials, as well as public procurement.
The fintech companies and venture capitalists that are invested in blockchain are showcasing the benefits of using blockchain for day-to-day transactions.
Read more: https://www.connectingafrica.com/fintech/the-viability-of-blockchain-technology-in-africa
