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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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....
Amid political chaos and global uncertainty, one bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion.
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 team of blockchain technology pioneers from Ghana, Denmark, and the U.S., has launched a blockchain initiative to establish usable land titles and free up trillions of dollars for infrastructure development in West Africa, according to Forbes. The Bitland initiative will educate the population about technology and hopefully foster the benefits of documented land ownership to those who don’t have it. It will begin in Ghana and expand throughout Africa, with hopes of catapulting infrastructure development and strengthening democracy. Ronny Boesing, the CEO and founder of CCEDK, the Danish....