While some are still sleeping
While some are still trying to stay away
While some are still trying to ban it
It is already changing the world.
Blockchain Technology Disrupts the Informal Economy in Kenya
Kenya is one of the African nations in dire need of financial reform. Introducing such changes will require embracing new technologies. Blockchain will certainly play its role in this regard. The nation’s informal economy – valued at $20 billion – can certainly benefit from immutable ledgers.
The Informal Economy in Kenya
African nations are very interesting creatures when it comes to finance. On the surface, it seems a region most Western banks will not show much interest in. For local financial institutions, a whole set of new problems have arisen over the years. Financial inclusion is still one of the bigger concerns in Kenya, as well as other countries around the world……
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