Oscar Nwokeji, the CEO of Global Wissen Consult, believes that Africa could greatly benefit by adopting Cryptocurrencies.
To drive the adoption, the platform is rolling out solutions that would make it easy for Africans to purchase and hodl Cryptos.
The Nigerian, Lagos-based writer, and tech evangelist goes further and discusses weighty factors that should encourage Africans to adopt Digital Tokens as the world positions itself for the 4th industrial revolution that is set to be driven by new technologies such as Blockchain, Artificial Intelligence (AI), Machine Learning, Internet of Things (IoT), Robotics, etc.
Cryptocurrencies will also be at the center of powering the futuristic high-tech economy and Global Wissen Consult intends to market Cryptos in Africa and the world by changing how the world views and uses money.
Global Wissen Launches The First Trading Academy In Nigeria
The most basic strategy of creating a Crypto wave in Africa is to impart the local population with knowledge of Digital Tokens and the immense opportunities and risks of adopting Cryptos.
In this regard, Global Wissen Consult has established a Trading Academy in Lagos that will not only educate its students on how to trade Cryptocurrencies but also inculcate skills of investing on other financial commodities such as Gold, etc.
Cryptos Could Be A Source Of Income For Africa
The World Bank and the CIA data show that African countries lag behind in creating wealth for their people. Sadly, countries that have massive natural resources such as Nigeria, and Angola have a growing number of people under the poverty line going without the very basic human needs.
Global Wissen Consult, by imparting Crypto trading skills in Nigerians will, therefore, allow more people to join the Cryptocurrency economy that has a market capitalization of more than $331 billion on Coinmarketcap.
Digital Tokens Are Ideal For Africa’s Economy
Cryptocurrencies are not constrained by boundaries such as FIAT currencies. They are also based on Decentralized Ledgers that cut out third-party financial parties to allow users to send and receive Tokens directly.
Therefore, when Digital Tokens are used as money, users are able to be their own bankers which guarantee integrity, equality, and affordability.
The Global Wissen Consult CEO also reveals that Cryptos are the solution to achieving universal The Global Wissen Consult CEO also reveals that Cryptos are the solution to achieving universal financial inclusion in Africa amid all the macroeconomic challenges in the region.
Nwekeji, through the Global Wissen Consult initiatives and the Trading Academy, will enable Nigerians and other Africans to adopt Cryptocurrencies such as Litecoin (LTC), Blockchain (BTC), Ripple (XRP), Ethereum (ETH), etc.
Cryptocurrencies Can Cushion Africans From Macroeconomic Hazards
Rakesh Sharma-a technology and a business journalist- is lamenting that Africa is hardly mentioned in the context of Crypto markets despite having over 1.2 billion people. Nonetheless, with Crypto education and marketing that Global Wissen Consult is heralding, Africa could soon steal the show and emerge as a leading Crypto market.
Sharma adds that there is a Crypto niche in Africa given the disastrous monetary and political policies that have caused inflation, unemployment, currency devaluation, imbalanced accounts, among other problems that are aggravating the already bad situation. Hence, an alternative economy can be appreciated specifically in countries such as Nigeria, Zambia, Malawi, Mozambique, Egypt, Ghana, and Zimbabwe with run-away inflation and ballooning unemployment.
Meanwhile, African countries that lead in Crypto adoption are Zimbabwe, South Africa, Nigeria, Kenya, Ghana, and Botswana according to gobitcoin.io-a Bitcoin-focused media.