Cryptocurrency can transform African economy – Youssef

By Editor
As a global digital marketplace that connects buyers and sellers of bitcoin, Paxful has, in its relatively short period of existence, already carved for itself an enviable niche. Operating as a type of escrow
service, they keep both parties safe and ensure the integrity of their transactions using blockchain technology. Founded in 2015, the company has offices in New York, Estonia, Hong Kong, and the Philippines —staffed by more than 160 dedicated employees globally.
According to the co-founder and Chief Executive Officer of Paxful, Ray Youssef, cryptocurrency trading has the capacity of transforming African economies.
According to him, African markets are in need of the financial fluidity that cryptocurrencies have to offer.
He advised African economies managers to adopt peer-to-peer finance system for inclusion.