Kenya to host decentralized finance conference

Written By: Margaret Kalekye
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Globally 1.7 billion adults remain unbanked yet two-thirds of them own a mobile phone

Kenya is set to host the first Decentralized Finance Conference in Africa, dubbed DeFi Africa 2020 next month.

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DeFi Africa 2020 incorporates a thought-leadership conference featuring prominent executives representing global Fintech operators, service providers, investors, innovators, enthusiasts and regulators who will share their visions of the Fintech industry while providing essential insights on current and future trends.

The Fintech industry is on a growth trajectory. Globally 1.7 billion adults remain unbanked yet two-thirds of them own a mobile phone.

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Digital platforms, including those using Blockchain technology, are a critical tool toward promoting inclusion by eliminating barriers for people to access financial services.

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The Summit to kick off from 17th-18th March will explore these inclusive solutions through lively debate and thought-provoking case studies.

The conference includes one-of-a-kind panels, seminars and experiences designed to help educate and enthuse attendees. These rubrics are developed and presented by some of the top organizations in the Fintech and Blockchain ecosystem.

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The Decentralized Finance Conference 2020 aims to position Africa strategically as a destination for innovation, collaboration and investment for digital transformation as well as provide a clear understanding of decentralized finance, highlight the opportunities and demonstrate existing use cases of decentralized finance in Africa.

Technology is changing fast, along with the capabilities it offers to reinvent traditional cost bases, value propositions, services and customer engagement.

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However compliance, regulation, legacy Infrastructure and risk mitigation all limit how those technologies are applied.

“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.

 

 

 

 

 

 

 

 

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