12 Jun '13, 1pm

Guest Post: Kenya Primed For Wide-Scale #Bitcoin Adoption

Guest Post: Kenya Primed For Wide-Scale #Bitcoin Adoption

“The Internet in Africa will be primarily a mobile one.” said Eric Schmidt, Executive Chairman of Google. Google has alluded to plans for building technical infrastructure in Kenya and other parts of Africa, including the potential use of wifi blimps or weather balloons to provide internet service. They further elaborated in a blog post earlier this year about the technology that its, “Well-suited to provide low cost connectivity to rural communities with poor telecommunications infrastructure, and for expanding coverage of wireless broadband in densely populated urban areas.” Google is also making moves in the digital payment arena. They recently introduced attaching Google Wallet payment in emails and announced an investment from Google Ventures in OpenCoin Inc.—the company behind Ripple, a new digital ledger technology with similarities to Bitcoin.

Full article: http://www.thegenesisblock.com/guest-post-kenya-primed-fo...

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