Transforming the financial game.

 photos by @mcsamm

The hive blockchain has attracted a large number of talented men and women from all around Africa. It has shown to the world the many great and significant effects it has had on the land of several African nations, including Ghana and Nigeria. It has made it relatively easy for many of its users in African nations to swap hive into their local currencies. Others might choose to put hive into their mobile money wallets. It is regarded as one of the most rapidly developing financial initiatives that consumers like in Africa.

The major question still stands. How can financial institutions such as banks and savings and loans survive if consumers make mobile money their primary and trusted means of saving money? It is possible that their operations may rise at the cost of what banks perform in some of these African nations. It is common knowledge that Ghanaians utilize mobile money services such as MTN Momo and Vodafone Cash to get different advantages that banks do not supply.

 @ the bank

 @ the momo vendor

Most hivers in Ghana, Nigeria and several African countries have contributed significantly to the expansion of MTN mobile money merely by guaranteeing that transactions into their currencies are largely performed via this service. I feel there is much more to be done if African telcos work so effectively with cryptocurrencies and blockchain platforms like hive. It is an activity that we want to see take root in Africa. Hive is making Africa especially Ghana, its location to impact people's lives, which sounds fantastic. Africans must band together to make the hive blockchain a transaction-free platform that they can share with others. It is a trusted technology.