Africa Holds Less Than 5% Stake In Blockchain Industry- Firm

Technology firm, UNICCON Group says that the African Blockchain ecosystem holds less than 5 percent of the entire stake in the Blockchain ecosystem.

 

According to the firm, the entire ecosystem is projected at $ 1.1 trillion.

 

Chuks Ekwueme, Chairman of the Group, stated this during the unveiling of the SmartAfri Labs in Abuja.

 

“Africa has less than a five percent stake in the projected $1.1tn the industry promises. We have created technology and platforms to drive inclusion by up to 25 percent by the year 2025.

 

“Our VR headsets for example are more affordable and will not exclude poor Africans from using the technology, “he said.

 

“There is a huge market in our NFT marketplace as Nigerians and Africans from the creative and other industries can tap into it to generate wealth and add to the GDP,” he added.

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