Hey Inverted, I appreciate your kind words as always!
I could have done much better, but I rushed the article.
I think remember writing about Uganda awhile back, maybe on my old site. That is what is crazy in many places like Uganda around the world for years, have already been rolling out world gov infrastructure/tech. Using these places as live time beta tests working out the kinks before rolling it out in the west in a 'final product form' if you will.
I was surprised at how far some of these countries are along with their digital currency/banking, apps, facial and palm recognition etc.
Great compilation of ads and government messages! What I notice here in Uganda is that almost everybody is already using digital money in the form of mobile money (on their phone). Even though you still pay with cash in 99% of the shops, the mobile money is more a kind of bank account (even with interest). Right now, there are fees applied when you send money or withdraw it from one of the tens of thousands mobile money agents in the country. When they remove that barrier and give people free (simple) phones, they can make Uganda cash-free within a day. That would obviously be a problem for all the corrupt politicians and business people so I guess that is the reason there are still fees, but when the signal comes to go all digital, it can be done in a day.
Hey Inverted, I appreciate your kind words as always!
I could have done much better, but I rushed the article.
I think remember writing about Uganda awhile back, maybe on my old site. That is what is crazy in many places like Uganda around the world for years, have already been rolling out world gov infrastructure/tech. Using these places as live time beta tests working out the kinks before rolling it out in the west in a 'final product form' if you will.
I was surprised at how far some of these countries are along with their digital currency/banking, apps, facial and palm recognition etc.
Great compilation of ads and government messages! What I notice here in Uganda is that almost everybody is already using digital money in the form of mobile money (on their phone). Even though you still pay with cash in 99% of the shops, the mobile money is more a kind of bank account (even with interest). Right now, there are fees applied when you send money or withdraw it from one of the tens of thousands mobile money agents in the country. When they remove that barrier and give people free (simple) phones, they can make Uganda cash-free within a day. That would obviously be a problem for all the corrupt politicians and business people so I guess that is the reason there are still fees, but when the signal comes to go all digital, it can be done in a day.