Hi Steemians, Iam Edgar and been exploring this Cryptocurrency thing for say about 2 years now mainly with the use of bitcoin. I come from Uganda in EastAfrica and most people don't even have an idea about this Country when you travel but definitely know about Africa.
Africa has so much potential for digital currencies like Bitcoin considering the highest unbanked populace in hard to reach areas but at the same time have access to mobile phones. Mobile money platforms like mpesa in Kenya is the most successful of its kind in the world with transactions that go through mpesa catering for about 40% of the country's GDP. Transactions that go through mobile money platforms by far surpass Bank transactions with about $30m daily mobile money transactions in Uganda.
The average fees for a transaction on a mobile money platform is the highest in the market due to its convenience. Its also important to note that these transactions are not cross border. Because of this there will definitely be a dire need for boarder less products like Bitcoin being exchanged into local African currencies and I am already working on a project to tap into this.
Am also looking for partnerships that understand the cryptocurrency market and business. I will give full details of this project to serious interested members.
Cheers
