Telecom Company Adopts Blockchain Solution to Revolutionize African Nation’s Economy – CryptoCoinsNews

by Tom Clancy    October 13, 2017

Technological advancement has elevated the internet as one of the most important elements in human existence as far as the 21st century is concerned.

Almost every aspect of national development is dependent on one area of the internet or the other. This includes aspects such as education, politics, internal and external security, innovation and several other areas.

High-speed internet is crucial for development of West Africa

In recent times, there has been a substantive correlation between the industrial and economic growth of nations and their respective advancements within the cyber space.

Over the last decade, the number of people connected to the Internet worldwide has grown rapidly, rising from 910 million in 2004 to nearly 3.8 billion in 2017. Even though this exponential increase is predominant in the developed nations, the advent of smartphones has encouraged internet use in developing countries as well.

Guinea Bissau is known as one of the countries that is ripe for technological innovation. This is reflected by the welcoming approach exhibited by the government of the day who have created a more investment friendly environment, setting the pace for unlimited opportunities especially in the areas of technology.

With the encroachment of telecommunication companies like MTN and Orange, there is warm reception of modern technology which Internet service providing company, Cajutel is poised to explore.

More at: Telecom Company Adopts Blockchain Solution to Revolutionize African Nation’s Economy – CryptoCoinsNews

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