One of the biggest problems many technology companies have faced in the last several decades is bringing the majority of the African population into the global economy. As high-speed internet becomes faster and more affordable in many places throughout the globe, Africa’s infrastructure remains untouched mainly, particularly in more remote parts of the sub-Saharan region.
Unfortunately, only 22% of the continent has access to high-speed internet, a number that broadly represents its urban areas. Mobile towers are incredibly outdated, with 91% of mobile users needing to rely on 2G or 3G networks. One blockchain startup is working to change that.
Why does Africa need 3air?
3air, a blockchain-based startup bridging the gap between Africa’s connectivity problems and the vast potential for cryptocurrency throughout the continent, will bring high-speed broadband internet access and decentralized finance to Africa’s large cities in the coming years. The company plans to use wireless mesh...
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