Blockchain could be used in South Africa to prevent corruption - WEF's Sheila Warren

Loading player...
Blockchain is a technology that is proving to be useful all over the world and experts in the field believe Africa is the one place that could benefit the most. The Head of Blockchain and Distribution Ledger Technology at the World Economic Forum, Sheila Warren told Biznews that Africa was generally not burdened by "tech debt" and it would be easy to leapfrog the developing world in deploying blockchain and it could used to make systems more efficient.  One of the areas where blockchain could be deployed is to root out corruption.   The WEF is currently running a pilot programme in Columbia that it is focused on reducing corruption in procurement and Warren said they have been speaking to South Africa to bring the programme to our shores. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
22 Jan 2020 8AM English South Africa Investing · Business News

Other recent episodes

Rory Steyn on who really runs South African sport

In two years, Comrades runners threw out a board accused of vote-buying and steering tenders to friends, and cut ties with the provincial and national athletics bodies to run their own race. Swimming South Africa had to wait for an integrity panel in Switzerland to act. Rory Steyn, Nelson Mandela's…
29 Sep 11AM 39 min