【Is ADI just signing up for an African M-Pesa wallet? No! No!】
When ADI Chain announced its collaboration with M-Pesa, I said this partnership was a super powerful move for ADI Chain's African expansion, connecting with Africa's largest mobile payment platform (with over 60 million users)!
For those not based in Africa, it's hard to grasp just how powerful this mobile payment platform truly is—maybe you'd think it's just partnering with a popular African payment app with many users.
M-Pesa was launched in Kenya in 2007 and has since expanded to 8 African countries (Kenya, Tanzania, Mozambique, Democratic Republic of the Congo, Lesotho, Ghana, Egypt, and Ethiopia).
According to World Bank data, Africa's digital payment transaction volume will grow by over 300% from 2020 to 2025, with M-Pesa capturing over 60% of the market share.
Additionally, in Kenya, more than 50% of the country's annual GDP flows through M-Pesa—meaning half of the nation's money moves through this system, making it nearly a symbol of Africa's financial revolution.
What's even more impressive is that M-Pesa doesn't require a smartphone or internet connection—users can transfer money using only basic SMS text messages.
In Africa, about 40% of adults don't have a bank account, but with M-Pesa, people can handle everything from grocery shopping and bill payments to salary disbursements—making it a true "lifeline infrastructure" for locals.
Focused on financial inclusion, M-Pesa is a crucial channel enabling everyone to easily transfer money, make payments, save, and access loans.
This collaboration allows ADI Chain to directly reach 60 million people across Africa—now it's all about how ADI and M-Pesa will integrate blockchain applications into M-Pesa's existing ecosystem!
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