The knowledge and increased usage in bitcoin and block chain technology on the African continent can only lead to the creation of more businesses surrounding this key cryptocurrency which has properties of technology, commodity and currency. It is therefore little surprise that Africans on the continent and in the diaspora are building startups around bitcoin that will solve the many challenges ...
One of the industries that bitcoin is set to disrupt and possibly wipe out is the global remittance and International Money Transfer (IMT) industry. Bitcoin allows users to send cash cheaply and securely via simple technological tools such as text messages and email. The remittance sector is one of the most profitable sectors when it comes to the financial services industry. It is dominated by...