Kenya-based software development firm Kesho Labs Development Studio and public relations services firm Glass House PR are joining forces to host the first-of-its-kind Decentralized Finance Conference 2020 in Kenya’s capital city next month.
There’s no denying that Africa’s fintech space is growing at a meteoric speed. Last year, Twitter CEO and social media-friendly entrepreneur Jack Dorsey remarked that Bitcoin’s future lies in Africa as the region is a buzzing ecosystem of thriving partnerships between fintech entrepreneurs, innovators, developers, and investors.
Nairobi to host the first-ever conference on decentralized finance
On Monday, Tech Trends KE reported that Kenya’s beating heart Nairobi is bringing together regulators, opportunists, investors and entrepreneurs under one roof with Decentralized Finance Conference 2020 in March which will see who’s who of financial platforms discuss the future of decentralized finance in Africa and cover currently in-demand topics like stablecoins, decentralized banking, smart contracts and decentralized applications on blockchain.
Expected to be conducted at the Safari Park Hotel on 16th and 17th March 2020, the primary objective of this conference is to raise awareness surrounding the concept of decentralized finance and how it can be leveraged to resolve Africa’s pressing problems like unbankedness.
According to the Disrupt Africa 2019 report, Africa is a continent where over sixty percent of the population (60%) has no access to banking facilities due to a lack of investments and infrastructure. Fintech presents a window of opportunity that could potentially breathe life into Africa’s stagnant banking sector. In fact, in the past two years, the region has seen over sixty percent (60%) growth in fintech establishments.
Thus, besides outlining the opportunities, the discussions will also throw light on real use cases, like providing banking access to its underprivileged population and even position Africa as a hotbed for technological growth and innovation. Additionally, it will seek investments and partnerships that incentivize digital transformation in Africa and offer solutions to real-world problems through customer-centric, reliable, and secure financial services.
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