Twitter and Square CEO Jack Dorsey will headline the upcoming Africa Fintech Summit. The pro-digital currency tech leader will speak on how decentralized finance can greatly improve financial inclusion in the continent.
The summit will be held virtually on November 9, 10 and 12 and will bring together industry leaders in finance and technology from across the world. Dorsey will be giving his keynote speech on the final day whose theme is ‘The Business of Fintech.’
Dorsey is known to be pro-digital currency, with his payments company Square allowing its users to purchase digital currencies seamlessly. In his trip to Ghana and Nigeria last year, he attended digital currency meetups and boldly claimed that Africa will shape the future of digital currencies. He also pledged to live in an African country for 3-6 months in mid-2020 so as to spread the digital currency gospel—which he had to shelve in light of more pressing matters.
In yet another event in Africa in November, Bitcoin Association Founding President Jimmy Nguyen will be speaking about the rise of Bitcoin and blockchain technology in the continent. Nguyen will be one of the speakers at the upcoming AfricaCom event to be held from 9-12 November. He will be one of the panelists in a session that will focus on “Africa’s digital decade: Exploring the big trends for the next 10 years.”
With Africa moving towards digitizing its economy, the panel will discuss the technologies that will make the biggest impact in the next decade. Blockchain technology and digital currencies will feature prominently on the agenda, especially since the continent has experienced rapid adoption in the past two years.
Many of the leading economies in the continent are now seeking to regulate digital currencies, integrate them into their economies or exploring central bank digital currencies (CBDCs). The latest is Kenya, which as CoinGeek reported, believes that CBDCs could have a huge role to play in financial inclusion. Nigeria also recently drafted a blockchain and digital currency adoption roadmap as it seeks to build its digital future on blockchain technology.
See also: Centbee Briefing by Lorien Gamaroff and Angus Brown at CoinGeek Live.
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