Chris Moris: "Blockchain frees African countries from an ineffective banking system" – Bits Media

The head of Yellow Card Chris Maurice counts, that potential, which is laid down in the blockchain, significantly affects the development of the financial sector of African countries, accepting cryptocurrencies.

Founder and General Director of the largest crypto -tank in Africa Yellow Card Chris Maurice (Chris Maurice) stated, that cryptotechnology is more fully manifested in the countries of Africa, than in any other part of the world.

“Cryptoactives solve problems, associated with the imperfection of banking and the volatility of national currencies on the continent. This is not a casino, How sometimes happens in the West ", - said Maurice.

He added, that the most common options for using digital assets in Africa are cross -border payments, Sending money to families, as well as accumulations.

Besides, According to the head of Yellow Card, the possibility of introducing blockchain in Africa is much higher, Since there are more investors in this region, ready to invest in digital assets, than in Europe or North America.

Earlier, Venom Foundation, Venom Foundation, announced a strategic partnership with the Kenya government to create a general African blockchain hub.