day 3 john karanja - social local mobile payments

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Social Local Mobile Payments The Future of the African Digital Economy?

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Page 1: Day 3   John Karanja - Social Local Mobile Payments

Social Local Mobile Payments

The Future of the African Digital Economy?

Page 2: Day 3   John Karanja - Social Local Mobile Payments

Growth of Social Media

KENYA 2 Million Smartphones

12 Million Internet Users

4 Million Facebook Users

500,000 Twitter Users Whatsapp Users & Groups?

Page 3: Day 3   John Karanja - Social Local Mobile Payments

Social Activism

Page 4: Day 3   John Karanja - Social Local Mobile Payments

Political Consequences

Page 5: Day 3   John Karanja - Social Local Mobile Payments

Economic Empowerment?

Page 6: Day 3   John Karanja - Social Local Mobile Payments

Social Commerce

Page 7: Day 3   John Karanja - Social Local Mobile Payments

Too CLUNKY for MICROPAYMENTS

Page 8: Day 3   John Karanja - Social Local Mobile Payments

Introducing Bitcoin

FEE < $0.02

Page 9: Day 3   John Karanja - Social Local Mobile Payments

Unforgable, governed by CRYPTOGRAPHY

Fungible, divisible 100 MILLION times

Fast, lightening speed GLOBAL transactions

Peer to Peer, no CENTRAL authority

Page 10: Day 3   John Karanja - Social Local Mobile Payments

Social Tipping

Page 11: Day 3   John Karanja - Social Local Mobile Payments

$0.001 for an African Proverb

Page 12: Day 3   John Karanja - Social Local Mobile Payments

Crowd-Funding

Page 13: Day 3   John Karanja - Social Local Mobile Payments

BITGIVE

1.Raise Awareness

2.Crowd-fund globally

3.Distribute funds quickly

4.Report back!

Social Accountability

Page 14: Day 3   John Karanja - Social Local Mobile Payments

Invest in a Social Network

11,000,000 AMPs

Page 15: Day 3   John Karanja - Social Local Mobile Payments

In Conclusion

Page 16: Day 3   John Karanja - Social Local Mobile Payments

Asante! [email protected]

@KaranjaJohn +254 725 274191

www.spacekenya.com

www.johnkaranja.com