Tapping into Blockchain Economy

Dismas Otuke
3 Min Read

The fourth industrial revolution is marked by technological advancement across the globe. Africa has not been left behind either but the Blockchain space remains under utilized.

Kenya being the technological hub for Africa has attracted investors from the Blockchain industry, the latest entrant into the African market is the Bitget Blockchain platform that has been operational for the last six years globally , with over 45 million users, showcasing range of products set to ensure that users are aware of the block chain platform.

Bitget is basically a cryptocurrency exchange which allows a trader to trade with different currencies, starting from derivatives, to spot trading. It has a lot of features, covering a couple of items, including copy trading, which allows new users to actually copy expert traders.

According to Bitget’s Africa Marketing Manager, Munene Mathendu, “A lot of youths in general, not just from Kenya, but Africa are adopting these new technologies, and it’s very important to present them with this type of technology to ensure that there are actual equal opportunities for all. However, these products can be used by any other users regardless of their age groups”.

The key aim for blockchain for youth which is an initiative by Bitget, is to educate users around because blockchain can be used for different types of applications, from users doing their projects to healthcare, to implementation across different industries, including, but not limited to technology,supply chain, insurance, a couple of other industries. After the free training , there is an accreditation.

Speaking during the launch of Mumo James ,Content creator ,key opinion leader Bitget , noted that when it comes to protection of the users, one of the things that is really important is that people need to take responsibility for their money, because whatever you are trading in terms of crypto is actual money and what Bitget has done is make sure that there are security measures that have been put in place to ensure that all the users on the platform are actually protected, and guided on every single trade .

This comes at a time when there is a bill currently being done by the blockchain association of Kenya.

Bitget’s Regional P2P Manager, Ikhenga Mwakisha, noted that the platform’s focus is for business development and expansion across Africa.

By ensuring that users get to understand how to trade cryptocurrencies, to be part of the fourth Industrial Revolution technologies, and to be able to participate in the global markets as well.

Since the blockchain space is quite huge, the space has been growing tremendously.

They urged the Kenyan youth not to be left behind and participate in these markets, and find their niche – they can traders or developers

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