It’s all about solving real problems for people and blockchain could be that hail mary punch that gets us closer to the logistical future we desire.
Recently, the Nigerian government banned the importation of new and used cars through its land borders, sending imported car prices sky high and giving a boon to the illicit car smuggling trade.
Compared to a lot of African governments, South Africa isn’t doing too bad as far as government-backed funding for tech businesses is concerned.
From GRIT Systems to Zenvus, which makes a range of connected sensors and nodes, the maker community are building quite a few IoT solutions that actually have the potential for massive scale.
The problems in this space are very different from those a software business would have to deal with and we need to start talking about it.
Hardware is hard to do anywhere. Period. It is a very iterative and capital intensive area that requires long-term commitments, more often than not.