Cryptocurrency & Digital Business

Digital business is the creation of new business designs by blurring the digital and physical worlds. It promises to usher in an unprecedented convergence of people, business and things that disrupts existing business models - even those born of the Internet and e-business eras.

Digital technology drives improvement at the traditional business process and business model levels. However, the differentiating fight will be for “business moments” - the third level of digital reinvention created by the need to compete with increased speed and agility. With the growth of digital business also comes digital money or better yet, Cryptocurrency.

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Talking to us about Cryptocurrency and business digitisation is Shakes Motsilili, co-founder of Africa New Energies.