With the features offered by blockchain technology, it begs the question why this disruptive technology isn’t adopted heavily across the continent of Africa as a driver for social impact. Could it be a lack of understanding of the technology?
With the challenges existing in Africa around corruption, lack of social justice and the lack of transparency in regards to humanitarian aid, blockchain is very well suited to help alleviate these challenges.
Recently, the United Nations was recognized for its use of blockchain technology in several areas such as in the disbursement of funds to refugees that have no access to a bank account or in the identity storage of same refugees. Another good reference in the drive for social impact was the most recent #EndSARS event that took place in Nigeria. Blockchain technology offered a platform to support social justice through the use of cryptocurrencies to support the protests.
Continue reading: https://nairametrics.com/2021/09/12/blockchain-a-driver-for-social-impact-in-africa/
With the challenges existing in Africa around corruption, lack of social justice and the lack of transparency in regards to humanitarian aid, blockchain is very well suited to help alleviate these challenges.
Recently, the United Nations was recognized for its use of blockchain technology in several areas such as in the disbursement of funds to refugees that have no access to a bank account or in the identity storage of same refugees. Another good reference in the drive for social impact was the most recent #EndSARS event that took place in Nigeria. Blockchain technology offered a platform to support social justice through the use of cryptocurrencies to support the protests.
Continue reading: https://nairametrics.com/2021/09/12/blockchain-a-driver-for-social-impact-in-africa/
