Africa Blockchain Survey: Enthusiasm Amid Uncertainty
Kenyan startup BitHub.Africa has published a new survey indicating strong interest in the blockchain – in spite of recent central bank warnings. The limited poll, which used results from 96 respondents from the Bitcoin community via a form on BitHub.Africa’s website, suggested technological advancements made in Kenya could easily impact Africa and....
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International tech firm SAP is set to increase its Blockchain commitment as the main sponsor of the 2017 Blockchain Africa conference in Johannesburg. SAP: Blockchain Africa ‘Great for Rethinking Business’. Blockchain Africa, now in its third year, seeks to highlight the potential Blockchain technology holds for African business. According to the....
Amid political chaos and global uncertainty, one bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion.
Indications are rife that Bitcoin use will grow in parts of Africa in the coming years in the mobile payment market which Statistics says is expected to grow to 101.34 million users in 2016. EY's attractiveness survey Africa 2015 says capital investment into Africa between 2013 and 2014 surged to $128 billion, up 136% and foreign direct investment FDI created 188,400 new African jobs at a 68% increase. Co-founder of Chankura in South Africa, Thabang Mashiloane, says they have discovered that ±13% of the $128 billion has been flowing within Africa in remittances and the large number of the....
Africa is often touted as the region most likely to benefit from Bitcoin. However, for the most part, the technology has yet to take off in any meaningful way. A recent survey by mobile platform Jana interviewed 1,800 people across 9 emerging markets. This included respondents from Africa's leading market, South Africa. Of the survey group, only 13% had heard of Bitcoin. This represented the lowest awareness of any emerging market. At present the continent has two full service exchanges, both in South Africa. One of these exchanges has made its services available to Rand holders in....
A German telecommunications trade organization has published a new survey that shows little enthusiasm for bitcoin among financial executives. The survey, carried out by the research arm of the German Association for Information Technology, Telecommunications and New Media (Bitkom), was put to 77 CEOs and 25 members of the board from a series of German financial services. The group said that 95% of those surveyed believe digital currencies like bitcoin will see niche applications in the next ten years. Two percent of respondents said they believe bitcoin will become an widely accepted....