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

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