Friday
August 31
2018

The battle for Africa: Can Cardano (ADA) Overpower the World’s First Mobile Money Payment System?

By Lujan Odera

Earlier in the year, the Cardano Foundation led by their founder, Charles Hoskinson, toured Ethiopia, Rwanda and Tunisia in a bid to improve the overall global adoption of the blockchain and ADA coin across developing states. The blockchain is perfectly poised to take over developing markets in Africa, Central Asia, South America and other developing areas as the Cardano blockchain offers

solutions to interoperability, scalability and sustainability in these areas. The main focus of Cardano however seems to be Africa as it presents a wider market with easier barriers to entry.

However, Cardano (ADA) will face huge competition from the most successful mobile payment industry in the world in M­Pesa.

Photo courtesy of fsecart.

Source: Cryptoglobalist (link opens in a new window)

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Inclusive Fintech, Technology
Tags
blockchain, cryptocurrency, digital payments, fintech, mobile money