Cardano To Launch P2P Lending Network In Africa

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Charles Hoskinson, the co-founder of Cardano, has disclosed that the Cardano blockchain plans to launch a peer-to-peer (P2P) lending in Africa, as part of efforts to bridge the gap between developed and developing nations.

The project will create a “one global economy”instead of two economies that are divided between the developed and the developing economies. The project will also help mitigate income and wealth inequalities among nations.

In an Interview, Hoskinson stated that the initiative, which is slated to be launched on the Cardano network this year, will see billions of dollars flow from developed countries like the United States into developing nations like Nigeria, Kenya and Ghana.

– Nairametrics

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