Jane King’s interview with KamPay Tech Ltd‘s (CRYPTO: KAMPAY) ($KAMPAY) CEO, Mr. Chris Cleverly. Chris explains his interest in the continent and why digital currencies work in Africa. The KamPay token provides a must-needed solution for the financial well-being of many. African citizens lack reliable legacy financial platforms and the financial outlets that do exist charge outrageously high-interest rates. People, farmers, and businesses are using crypto and adopting its many benefits faster than anywhere else on the planet. Chris talks about how mobile money payment platforms were developed and used a full ten (10) years successfully before being adopted in the USA. Due to the influences of the large multibillion-dollar banking entities, US banks were hesitant on mobile payment platforms. Since Africa has no real entrenched financial legacy industry, Crypto adoption rates are soaring throughout the continent. With a young population demographic, Africa is the second-largest trader of Bitcoin, second to the USA. KamPay Token provides a payment system for countries with weak currencies, overcomes inflationary issues, making cross-border trade transactions seamless.
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