Updated: Jan 29, 2020
If you have been following tech news in recent times, then you already know that digital technologies such as artificial intelligence (AI) and blockchain (cryptocurrency based technology) are the rave of moment. [Cryptocurrency is a digital asset designed to work like money].
In spite of this new wave of technologies, it is public knowledge that the African continent still has a lot of catching up to do. However, the gap to fill is getting smaller now, thanks to meaningful innovations by Africans.
Let's dive in!
Sela is the first web-based platform for fully managing projects and ensuring accountability in real time using AI and blockchain technology. Using this technology, Sela is providing a solution to the problem of oil-spillage and water pollution in the Niger Delta region. The platform allows stakeholders to raise and track funds for the clean-up project, allows community members to validate progress, and allows stakeholders to monitor the impact of the project in real time.
Sela is doing a great job shortening oil spill clean-up response time in the region by rewarding locals for reporting oil spill incidents. The technology also aids donors, and impact investors to connect directly with the locals, thereby ensuring that disbursed funds get to the right people.
Meet another leading tech start-up serving the African continent.
Wala is a cryptocurrency-based solution focused on promoting financial inclusion for all, especially for those in unbanked areas. Did you know that currently, only 7.5% of the continent's 1.2 billion people have bank accounts? By using multi-blockchain technologies, Wala is rebuilding the financial infrastructure in Africa to ensure that more people can enjoy financial services.
StudEx Wildlife promotes digital animal farm to track and protect animals while allowing them roam freely.
Here, the Internet of Things (IoT) technology is used to fight illegal hunting of animals by attaching trackers and other inconspicuous devices to the animals in order to easily locate them and, monitor their vital signs (such as their heartbeat, blood pressure, etc.) from anywhere. StudEx also allows for bids on animals especially rare ones and proceed go back into wildlife conservation.