Akon is pushing for positive change through digital currencies via his Akoin project, and as he told CoinGeek Backstage, he believes Africa is in a prime position for advancement through adopting digital currencies.
When Akon said that he was building a digital currency city in Africa, the world was excited. After the excitement died off, pertinent questions are unanswered.
Singer Akon has finalized his plans for his Crypto City in Senegal, where blockchain and crypto will rule. However, his whitepaper is yet to be released.
Interest in Bitcoin is increasing in South Africa and Uganda, and banks all over the continent are fighting against the rush to cryptocurrencies.
Despite the rejection, criticism and slow adoption of blockchain and its technology they are still making major changes in Africa.
The Akon Crypto City will blend smart city planning design with a blank canvas for "cryptonizing" daily life, and will use the Akoin crypto as the basis of transactions.
