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FAQ
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What is blockchain?A blockchain is “a distributed database that maintains a continuously growing list of ordered records, called blocks.” These blocks “are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
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Why blockchain in Africa?Africa is a huge repository for agile development where nascent innovations that take years to scale in the Global North, have the ability to leapfrog stages of development due to a young population and the ways that ideas spread. In the same way mobile money launched in Africa first (mPesa first, then 7 years of development before CashApp/GooglePay/ApplePay followed) blockchain at the moment is leapfrogging development cycles of the West and transforming agriculture, governments, digital identity and so much more!
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What resources can I use to discover more about blockchain and its impact on Africa?Resources on blockchain as an industry gamechanger, and its impact on the African continent, can be found through industry subject matter experts, developers, online whitepapers and downloadable journals. The BSA Team offers expert advisory on the blockchain industry so be sure to follow our team's social media content by clicking on their profile tile located at the bottom of the home page.
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How exactly will BSA's custom suite of solutions revamp my platform, business, community or solution?Coming soon...
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Do I have to hand over my entire tech stack to the BSA developers for redevelopment?Coming soon...
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I have concerns around concepts such as 'decentralized ledger', 'open source', 'distributed database'. Is my information and those of my customers' secure and proprietary?Coming soon...
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