Can Africa Embrace Blockchain Technology by Eradicating Poverty? 🤔

At the SIBAN Digital Assets Summit 2023, GT Igwe Chrisent, CEO of Sumotrust & Truzact, believes that #poverty eradication is essential for successful blockchain integration.

He argues that transitioning people from poverty to the middle class is key to driving blockchain adoption in #Africa .

Despite Nigeria’s interest in cryptocurrencies, the challenge of basic amenities persists. The potential for #blockchain adoption remains untapped until poverty is addressed, despite positive signals such as Nigeria’s curiosity in Bitcoin and President Bola Tinubu’s support for blockchain in banking and finance.

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#crypto2023