It is estimated that the continent’s potential internet economy in Africa could reach $180 billion by 2025 and $712 billion by 2050. With more global users coming online, broadcasters moving into the online space have the potential to reach an even larger audience by supporting globalized models such as NFT subscriptions with cryptocurrency.
Connectivity throughout Africa is improving, thanks to a technology called wireless mesh networks that enable decentralized access to the internet. In parts of the world that are often subject to government-mandated internet shutdowns, decentralized connectivity could prevent authoritarian regimes from limiting access to the internet.
In this episode, Daniel Anstandig discusses the future of the next billion people online, from improved connectivity to banking and healthcare access and improved supply chain transparency in some of the globe’s most dangerous trades.
GET READY TO LEARN:
● What does connectivity look like in developing nations today?
● Why there is a demand for decentralized connectivity.
● What connecting 2.9 billion people will do for the global economy.
KEY POINTS:
● Connectivity is difficult to provide in developing nations throughout Africa and Southeast Asia.
● Centralized ISPs are subject to government shutdowns, creating a demand for decentralized access.
● Better connectivity can improve virtually any aspect of life for the unconnected.
● Blockchain can significantly improve existing infrastructures across many industries.