Africa Could Be Next Frontier for Cryptocurrency

United Nations — Cryptocurrency is not bound by geography because it is internet based; its transactions are stored in a database called blockchain, which is a group of connected computers that record transactions in a ledger in real time.

The difference between cryptocurrency and, say, Visa or Mastercard, is that a cryptocurrency is not now regulated by government and doesn't need middlemen, and transactions rely on the internet, which means they can happen anywhere in the world.

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