5 blockchain use cases in Africa
Blockchain

5 blockchain use cases in Africa

Blockchain is slowly turning from a buzzword in Africa to the engine that will power great innovation in the continent. The movement of blockchain in Africa has transcended the usual cryptocurrency trade and is now being considered by various sector players for application across the continent.

In Kenya, the government set up a blockchain and AI taskforce to investigate and apply use cases for government services. The taskforce headed by the “father of broadband in Kenya” Dr. Bitange Ndemo, is already eyeing several sectors including education certificate verification, traffic management and financial transactions.

In Uganda, the government is already mulling the implementation of blockchain technology in its services. Vicente Bagiire Waiswa, permanent secretary of the Ministry of ICT in Uganda said that the country recognizes the move the world is making in implementing blockchain in various services. More specifically, banks will adopt blockchain technology where necessary to lower operational costs and risks, Mr Patrick Mweheire, the chairman of Uganda Bankers’ Association (UBA) and Stanbic Bank managing director said in an article in the dailies.

But the private sector and the startup community are already applying the power of blockchain to come up with great use cases that tackle many African problems. The following list is not exhaustive, but offers five examples of current blockchain implementation in Africa.

 

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Vincent Matinde

Vincent Matinde is an international IT Journalist highlighting African innovations in the technology scene.

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