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Africa’s blockchain journey begins with poverty alleviation — SumoTrust CEO

Published 09/08/2023, 03:23 AM
Updated 09/08/2023, 05:00 AM

Many people have called for Nigeria and Africa to incorporate blockchain technology into daily life; however, poverty must first be conquered before blockchain technology can be properly integrated into society, according to GT Igwe Chrisent, the CEO of SumoTrust, an online savings and investment platform; and Truzact, a crypto wallet.

At the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN) Digital Assets Summit 2023, held in Nigeria’s capital, Abuja, Chrisent stated that hunger and poverty must first be eradicated from Africa before achieving a better level of blockchain technology integration.

Chrisent (right) at the SIBAN Digital Assets Summit 2023. Source: SIBAN

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