Blockchain in Africa is on the verge of substantial growth, marking a key moment for its adoption. The continent's proven ability to advance rapidly past traditional tech stages, like with mobile phones, makes blockchain a game-changer for several sectors, explains Brenton Naicker, Principal & Head of Growth (Africa), CV VC [an early-stage venture capital investor with a focus on global startups that build solutions using blockchain technology], during an interview with African Currents.
"I think what's interesting is, we're really at an inflection point for blockchain in Africa, where I think the trajectory that we're about to be on really from last year to this year is setting us up for some really significant adoption and significant growth. [...] What excites me the most is really the ability for Africa, which has proven to leapfrog in terms of technology adoption. We all saw it firsthand. The famous example is fixed-line telecommunications, where Africa sort of superseded that whole cycle and went straight to mobile. And I think that's what really excites me about blockchain is blockchain has the ability to transform a number of industries in Africa," Naicker states.
To find out what else our guest had to say, tune in to the African Currents podcast, brought to you by Sputnik Africa.
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