Kenya is set to hold the first decentralized Finance Conference in Africa, dubbed DeFi Africa 2020, next month.
The function will bring together prominent executives, innovators, investors, regulators, and enthusiasts from across the globe to discuss the current trends and visions of the Fintech industry.
Financial access has been eased by digital platforms using Blockchain technology, reducing the barriers involved. Globally 1.7 billion adults remain unbanked, yet two-thirds of them own a mobile phone.
The seminar set to kick off from 17th-18th march will include one-of-a-kind panels, holding discussions and debates, sharing experiences, and case studies presented by top organizations in the sector in a bid to benefit the attendees.
DeFi Africa 2020 mission is to set Africa as innovation, collaboration, and investment hub for digital transformation. Also, the seminar will expound on matters of decentralized financing, citing the opportunities and already existing cases of decentralized finance in the region.
Technology is changing fast, along with the capabilities it offers to reinvent traditional cost bases, value propositions, services, and customer engagement.
“DeFI will do for the world, what M-pesa has done for Kenya. It will make transactions faster, cheaper, and credit more easily available globally,” Nhial Majok Founder and CEO Kesholabs noted.