Why Africans should embrace crypto to safeguard savings against inflation and currency devaluation

Crypto is helping Africans protect themselves from the harsh realities of inflation via saving in assets like stablecoins.
Adeolu is a reporter with Mariblock, covering blockchain development in Africa. He is also a data scientist and a decentralized finance enthusiast.

Crypto is helping Africans protect themselves from the harsh realities of inflation via saving in assets like stablecoins.

Crypto is driving global economic inclusion by connecting individuals in emerging markets to opportunities that were previously inaccessible.

The Mozambique-based startup integrates Hedera hashgraph to enable fiat payments by tenants across Africa.

During wars and protests, cryptocurrency offers people an escape route. It provides a means of financial freedom and independence from traditional financial systems.

Standard Bank Group’s Head of the Blockchain Centre of Excellence, Ian Putter says crypto will function alongside other payment rails in Africa rather than disrupt them.

Prop-tech startup My Shamba Digital partners with global real estate tokenization company BrickMark to solve land fraud and provide fractional investments.

The crypto exchange mainly based in emerging markets lost $2.7million in what is believed to be a well-coordinated attack and a potential loss of $1.4million was averted by Tether.

Yoseph Ayele believes that global blockchain communities need to collaborate with Africans to foster growth and development.

Customers of top South African retail store can easily make crypto payments through VALR and Luno.