Innovation

There’s a blockchain for that

From farm to plate, the warehouse to the store and anything else that requires an immutable ledger, blockchain technology is transforming businesses.

22 September 2021

Today’s blockchain applications go beyond cryptocurrency. Spearheaded by startups, blockchain technology is driving innovation and changing how transactions take place across different industries, be it medicine, finance and even agriculture.

“For me, blockchain was a technology that could help solve a lot of inefficiencies I’d come across in Africa,” says Yaliwe Soko, the South Africa Ecosystem lead at cLabs, and the chair for the United Africa Blockchain Association. From foreign exchange frustrations to unverified qualifications creating employment issues and porous voting systems, Soko saw the potential that blockchain could bring, if adopted throughout Africa.

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