Africa’s blockchain jobs market has been under the radar, mostly because the number of firms pursuing blockchain projects isn’t all that high.
The ABI is out to impart blockchain skills in Africa and in an interview with CoinGeek, the executive director gave insights into the African blockchain scene.
Africa has emerged as a crucial front for crypto and blockchain development, from leading in info gathering to pushing the CBDC quest to crypto in stock market.
Cryptocurrency continues to be widely popular in Nigeria despite the lack of proper regulations and constant calls by the central bank for citizens to shun cryptos.
Jack believes that Africa will shape the future of Bitcoin and he plans on living in the continent for six months next year to be part of this.
Ghana’s central bank chief revealed that the country is working on issuing a digital currency as the country moves towards digital money.
Africa is the new frontier in the crypto adoption revolution, and more people, like Twitter CEO Jack Dorsey, are beginning to recognize this.
Zimbabwe’s yet-to-be-named currency targets the liquidity shortages in the Southern African country, giving the central bank monetary policy control after years of using foreign currencies.
While the Western world looks at Bitcoin as a speculative asset, Africa is using Bitcoin to build a new financial system for its people.
While Libra faces tough regulatory scrutiny in Europe and the U.S, in Africa, it would also have to face tough competition from established players.
Africa is in need of a digtial currency that can foster economic growth, ease the cost of international remittances and more. The answer is Bitcoin SV.