Nigeria has ranked among the top 10 countries for the adoption of crypto across the globe. Read the story here:
In this photo illustration, visual representations of digital cryptocurrencies, Bitcoin , Ethereum , Ripple , Litecoin and Dogecoin are arranged. Photo: AFPNigeria has ranked among the top 10 countries for adoption of crypto across the globe. This was according to a report, titled ‘State of Web3.0 in Africa’, unveiled at the weekend and prepared by Emurgo Africa, in strategic partnership with PwC.
Other areas are verification of education credentials and mobility smart contracts for informal markets, among others. Illustrating the progress and latent potential of blockchain and Web3.0 technologies across Africa, the report painted a picture of Kenya’s forefront role in blockchain adoption and digital innovation. It showcased Kenya’s speedy growth in implementing blockchain solutions that stimulate economic development in East Africa.
The MENA region, concurrently, has been identified as the fastest-growing crypto market from 2021 to 2022, leading the digital revolution among users, regulators and crypto investors alike.
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