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The Economics of Blockchain Within Africa

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  • Thegeya, Aaron

Abstract

The advent of blockchain technology offers massive potential for revolutionary innovations that address fundamental constraints and market failures across a wide span of sectors in Africa. Blockchain has the ability to transform economic activity and improve living standards in Africa by overcoming information asymmetry problems, property rights and governance barriers. Blockchain innovations have the ability to boost levels of productivity and unlock capital flows to underserved sectors, in addition to leveraging the increasing returns of information as an input to production in order to spur economic growth.

Suggested Citation

  • Thegeya, Aaron, 2022. "The Economics of Blockchain Within Africa," Working Papers 04d60d62-d41b-4928-81b8-6, African Economic Research Consortium.
    • Handle: RePEc:aer:wpaper:04d60d62-d41b-4928-81b8-64a72e9a3253
    Note: African Economic Research Consortium
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