Africa’s blockchain journey begins with poverty alleviation — Sumotrust CEO
Africa must erase poverty and help people into the middle class to drive faster blockchain technology adoption. There has been a resounding call for Nigeria, and Africa in general, to incorporate blockchain technology into its mainstream living. However, during a fireside chat involving stakeholders in the Nigerian blockchain community, it was noted that poverty has to be conquered first before blockchain technology can be properly incorporated into African society. At the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023, held in Abuja, the nation’s capital, GT Igwe Chrisent, the CEO of Sumotrust & Truzact, an online savings and investment platform stated that hunger and poverty first need to be eradicated from Africa before a better level of blockchain technology incorporation can be achieved. Sumotrust & Truzact CEO at the SIBAN Digital Assets Summit 2023. According to a World Bank report titled “A Better Future for All N...