What happened in 2019: Crypto in Africa, Central Banks digital currency and Descentralized App Stores.

What happened in 2019: Crypto in Africa, Central Banks digital currency and Descentralized App Stores.

By alberdioni8406 | S.O.S | 31 Dec 2019


The Year is coming to an End and soon will be entering the 2020,and many Things happened in 2019 that deserves a bit reflection.

Crypto space is in continuing evolution and after getting the expansion thru Europe, American Continent and Asia...it's time to Africa secure their deserved space.

Africa slowly emerging into Crypto space!

Africa is the cradle of the humanity and where more than half of the total Population estimated around 1.20 Billion  of the continent is unbaked and living with a huge unemployment crisis, that let the Youngsters to look for alternatives to support their families and Cryptocurrency is the best option.

351665157-20ba62a107ae0d6dc17600329165293b00ae25553505765a142b3c1af5abb56d.jpeg

The Continent is still ''green" in the Crypto Market with huge potential to grow and become a worldwide Hotspot.

The continent is also entering the Blockchain Technology ,where countries like Lesotho are using this services to improve the unemployment and a better life to the people's Country, Binance is also partnered with Flutterwave startup in Nigeria,that will use their gateway to purchase Cryptocurrency (Bitcoin, BUSD and BNB) using Naira and South African Rand.

351665157-776ba39dfee14a8da6edcf5e310222b8c3af5fd85bca3b7ab6179ad57d6a10ce.jpeg

Potential is already there and now needs investors and more literacy to develop it in large scale in the whole Continent.

Central Bank Digital Currency.

The 2019 also was marked for Banks worldwide creating their own Digital Currencies (CBDC) and China leading the way in developing this kind of currency that will substitute the Paper money. The European Union will also create one if the Banks fail to deliver faster and cheaper ways of payment,that, inclusively testing some solutions that will be used with their CBDC.

351665157-e701559d41f2805b2858ad92b3e4eb1eb7565fc8e6b2f2bd4cad6e538b621134.jpeg

Accordingly with TheBlock there are 18 Worldwide Banks that are developing their own CBDC and many more will roll in 2020!

The need of Descentralized social platform and play stores.

The last "bomb" of the 2019 was surely the compulsory removal of crypto related videos in YouTube and after huge uncertain,the same ones  restored... In the other Hand the Google banned Metamask DApp at Play store allegedly because they violated their TOS about Financial services.

351665157-b8e2ad13d35f7836b566bce1e129fcc660ba0529c0b793629ef27943c2dfdfa2.jpeg

This Movements of course lightened the urgency of having urgently an descentralized play store and social media platform that are fair and respectful to their clients. 

Platforms like Brave Browser and Netbox Store from netbox.global are welcome in the descentralized world and In the benefit of a complete descentralized Internet!

I surely wish that in 2020 we start taking this issue very serious, we gave them the  power...it's time to take it back and move forward!

351665157-1f6979639654bff5a6c73bf5f1c28e97b038971595dec9ce5f5c223cd5e06935.jpeg

 

Happy New year and 2020 may become your success Year to Comply all your wishes😉.

 

How do you rate this article?

0


alberdioni8406
alberdioni8406 Verified Member

Creator and Crypto Fan. Find me also on Bastyon here: https://bastyon.com/alberdioni8406


S.O.S
S.O.S

All about life.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.