Shaping Tomorrow: How Bitcoin, Crypto, and Web3 are Transforming the Digital Landscape panel session at Africa Tech Summit Nairobi 2025 featuring insights and views from Noelyne Sumba – Operations at Machankura, Yvonne Kagondu – Co-Founder at Kushite ICP East Africa Hub, Felix Macharia – Co-founder and CEO at Kotani Pay and moderated by Jo Eyre – Founder & MD at Voxeon Communications.
The panel provide insights into their experiences, challenges, and visions for the future of cryptocurrency and blockchain technology on the continent. Highlighting issues around financial literacy, regulatory environments, grassroots adoption, and the need for innovation to leverage these technologies effectively. The panelists discuss the importance of education, local solutions, and community involvement in fostering a more robust crypto ecosystem in Africa, suggesting that the future of finance could be significantly reshaped through these emerging technologies.
Highlights from the session include:
🌍 Local Solutions Matter: Noelyne emphasizes the need for localized education and solutions, particularly in the context of Bitcoin adoption in different African regions.
🚀 Developer Empowerment: Yvonne discusses the critical role of developer communities in driving Web3 innovation and fostering a culture of building rather than merely consuming technology.
📈 Mainstream Adoption of Stablecoins: Felix notes the shift from niche use to mainstream adoption of stablecoins in Africa, highlighting their role in facilitating cross-border transactions.
🔍 Addressing Misconceptions: The panel acknowledged the prevalent misconceptions about cryptocurrencies, particularly in areas with limited financial literacy.
🔄 Immutable Transactions Challenge: A key consumer concern discussed was the irreversibility of blockchain transactions compared to traditional banking, suggesting a need for better user interfaces.
🤝 Need for Collaboration: The panelists stress the importance of collaboration between innovators and regulators to create an environment conducive to growth and innovation.
💡 Future of Financial Systems: The panel concludes with a forward-looking perspective on how Bitcoin and blockchain could provide alternative solutions to the challenges of existing financial systems in Africa.
Africa Tech Summit Nairobi 2025 celebrated its 7th edition on February 12th and 13th at the Sarit Expo Centre in Nairobi. Bringing together over 1600 leading industry players from 64 countries representing 800+ companies who listened and learned from 176 speakers across 73 sessions, exploring the latest trends and insights in technology and business across Africa and beyond.
It was a jam packed few days of keynotes, masterclass sessions, fireside chats, panels and pitches. View the session from across the Africa Money and Defi Summit, Africa Climate Tech & Investment Summit, Africa Startup Summit and Mobile & App Summit here.
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