South Africa Not Ready for Blockchain Payment System

South Africa Not Ready for Blockchain Payment System

The CEO of MyBroadband, Walter Volker have explained that the national payment system of South Africa is not ready yet to embrace the innovative blockchain technology. Volker explained, “Our own view at this stage is that it’s not quite there yet as a replacement for the national payment system,” and confirmed that the Payments Association of South Africa (PASA) is observing the industry.

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