Jack Dorsey, CEO of Square and Twitter, is all set to headline the upcoming Africa Fintech Summit. According to the sources, the major focus is going to be on decentralized finance (DeFi) space. He will talk about how DeFi can prove to be a great source for improving financial inclusion across the continent. The Finance and Technology industry leaders from different parts of the world will be taking part in this virtual summit that will be on November 09, 10, and 12. Jack Dorsey will be speaking on the last day, which is on November 12 and the theme will be “The Business of Fintech.” Jack Dorsey is Confident of Digital Currency For quite some time, it is seen that Jack Dorsey is highly confident when it comes to digital currency and is also known as pro-digital currency. This is quite evident from his payments company, Square, as it allows the users to easily purchase digital currency. Back in the previous year when he was visiting Ghana and Nigeria attended several meetups related to digital currency. According to him, the African market is having huge potential in shaping the future of the virtual currency world. Rise of Bitcoin and Blockchain in Africa It is not only Jack Dorsey who is seeing some great potential in the African market as there will be another event in November only where Jimmy Nguyen, Founding President of Bitcoin Association will be speaking. There has been an impressive rise in both Bitcoin and blockchain technology in Africa. It is revealed that in this event, the major focus will be on the upcoming digital decade for Africa. As crypto adoption is increasing in the continent, several economies are now looking to regulate cryptocurrencies. Along with this, they are also exploring the central bank digital currency as most of the countries across the world are planning to launch theirs. This is definitely the sign that Africa is indeed moving to a digital decade.
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