Hey Everyone,
I was lucky enough to have Paul Veradittakit on Follow The White Rabbit and we just released his episode. You can find it here.
We covered a lot of ground but one of the interesting opportunities that he pointed out in the blockchain space is the need for pick and shovel type business models in emerging markets like India and throughout Africa.
I agree with him and think that DeFi and blockchain technologies in general can have an exponential impact on people in these markets. One them that has come up often on the show is the ability of crypto to protect its holders from the kinds of hyperinflation that result from corrupt governments. It also has the opportunity to give people access to investment and ownership opportunities that didn’t exist previously and that were unaffordable.
I’m working on an evaluation of a group of startups in Nairobi and Lagos as a means of helping me understand the types of companies that are getting built there and that use crypto and blockchain technology in their products. If you know of any companies in these types of emerging markets I’d love to hear about them.
As always, I hope you are well and please reach out if you want to connect.
Best,
Alex