Interswitch, Africa’s leading integrated payments and digital commerce company has released a paper titled ‘Blockchain Technology: The Future of Africa’s Digital Economy,’ explaining the advantages of blockchain services to modern-day businesses.
The paper, which can be downloaded here, starts by explaining how disruptive the technology is and the problems this new innovation hopes to solve. It explains that blockchain technology is ‘rumored’ to be the next big innovation, comparing it to the internet boom of the 1990s and stating, “What are the possibilities of ‘owning your bank’ or making money transfers without relying on third parties or worrying about exorbitant transaction fees? Businesses can also share information freely and improve processes without fear of malicious actors interfering with their system. These possibilities are not futuristic projections, as they are currently being enjoyed by early adopters of the blockchain technology.”
The…