[kictanet] ICT POLICY REVEW DAY 8 of 10

[WANGARI KABIRU]

Warm Greetings Erick,

Then why don't we have our famed techies forming a beehive to create solutions around the Block Chains which anyway is not just in financial services? The application is amazing in humanitarian/disaster services.

Perhaps based on our eco-system, one of the big national or multi-national players needs to set the ground then our techies create rider products and services.
Or there is no market?

*And on a light one, we still trust CBK Governor who saved our country's pennies!


As the ICT Policy Review is done, the factors BLOCKING the skills and national innovation should be addressed.

Be blessed.

Regards/Wangari

---
Pray God Bless. 2013Wangari circa - "Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".


--------------------------------------------

 On 1 Jul 2016, at 3:13 PM, Erick Mwangi via kictanet <kictanet at lists.kictanet.or.ke>
 wrote:
 
 The current trends in
 the Fintech Eco-system
 are: InfrastructureMarketsMoney
 and PaymentsMarket places Its in
 this space we have comes across terms like Block chain,
 Internet of things (everything) IoT, Prediction markets and
 the one to watch for most according to me the wisdom of
 crowds among others. The biggest competitors of dinosaur
 banks is not from other dinosaur banks but the gap between
 them (their products) and the consumers and this is where it
 gets exciting from a FINTECH perspective.
 I may not be privy enough
 re-regulation in the KE space but make no mistake this will
 indeed happen and that does not worry me at all. When you
 look at the innovation cycle of a start-up, before it
 achieves an incumbent status it normally is a target (we all
 know Uber's woes) and its at this point regulation is
 formulated, it may take time but it will
 happen.
 Can you
 imagine what block chain can do to the Land registry in
 KE with use of smart contracts?
 Kind Regards,
 Eric M
 
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 The Kenya ICT Action Network
 (KICTANet) is a multi-stakeholder platform for people and
 institutions interested and involved in ICT policy and
 regulation. The network aims to act as a catalyst for reform
 in the ICT sector in support of the national aim of ICT
 enabled growth and development.
 
 KICTANetiquette : Adhere to the same standards
 of acceptable behaviors online that you follow in real life:
 respect people's times and bandwidth, share knowledge,
 don't flame or abuse or personalize, respect privacy, do
 not spam, do not market your wares or
 qualifications.