<html><head></head><body><div style="color:#000; background-color:#fff; font-family:garamond, new york, times, serif;font-size:16px"><div id="yui_3_16_0_ym19_1_1499241066002_6117"><span>Warm greetings,</span></div><div id="yui_3_16_0_ym19_1_1499241066002_6967"><span><br></span></div><div id="yui_3_16_0_ym19_1_1499241066002_6190"><span id="yui_3_16_0_ym19_1_1499241066002_6249">It is worth interrogating how come it has taken the Kenyan banking sector "all that time" to set up the pesalink money transfer - considering the lauded natural uptake by the citizenship, it also seemed CBK was open for the innovation from the onset. Now that they've done it and it should be much cheaper for the citizenry.<br></span></div><div id="yui_3_16_0_ym19_1_1499241066002_6449"><span id="yui_3_16_0_ym19_1_1499241066002_6249"><br></span></div><div dir="ltr" id="yui_3_16_0_ym19_1_1499241066002_7304"><span id="yui_3_16_0_ym19_1_1499241066002_6249">Also how much of local talent is in use in this sector that is truly digitally literate. For instance as the banking sector goes digital we have too many job losses. Is there need for reskilling of the existing human capital, what is being taught to the next crop of labour to align to the future design of fintech jobs. This is very important otherwise we breed a digital consuming sector that is not innovating within.<br></span></div><div dir="ltr" id="yui_3_16_0_ym19_1_1499241066002_7376"><br><span id="yui_3_16_0_ym19_1_1499241066002_7378">Perhaps the same query in respect to the blockchain and bitcoin adoption and developing solutions - across fintech; from banking, insurance, investment.</span></div><div id="yui_3_16_0_ym19_1_1499241066002_6379"><span id="yui_3_16_0_ym19_1_1499241066002_6249"><br></span></div><div id="yui_3_16_0_ym19_1_1499241066002_6380"><span id="yui_3_16_0_ym19_1_1499241066002_6249">Be blessed.</span></div><div id="yui_3_16_0_ym19_1_1499241066002_6381"><span id="yui_3_16_0_ym19_1_1499241066002_6249"><br></span></div><div id="yui_3_16_0_ym19_1_1499241066002_6382"><span id="yui_3_16_0_ym19_1_1499241066002_6249">Regards/Wangari</span></div><div id="yui_3_16_0_ym19_1_1499241066002_6384"> </div><div class="signature" id="yui_3_16_0_ym19_1_1499241066002_7783">---<br><font style="font-weight:bold;font-family:verdana, helvetica, sans-serif;" id="yui_3_16_0_ym19_1_1499241066002_7785" size="2"><span style="color:rgb(127, 0, 63);">Pray God Bless. 2013Wangari circa - </span><span style="color:rgb(127, 0, 63);" id="yui_3_16_0_ym19_1_1499241066002_7784">"Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".</span></font><br></div> <div class="qtdSeparateBR" id="yui_3_16_0_ym19_1_1499241066002_7807"><br><br></div><div class="yahoo_quoted" id="yui_3_16_0_ym19_1_1499241066002_7810" style="display: block;"> <div style="font-family: garamond, new york, times, serif; font-size: 16px;" id="yui_3_16_0_ym19_1_1499241066002_7809"> <div style="font-family: HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, Sans-Serif; font-size: 16px;" id="yui_3_16_0_ym19_1_1499241066002_7808"> <div dir="ltr" id="yui_3_16_0_ym19_1_1499241066002_8735"><font size="2" face="Arial"> On Saturday, 1 July 2017, 6:22, Rosemary Koech-Kimwatu via kictanet <kictanet@lists.kictanet.or.ke> wrote:<br></font></div> <br><br> <div class="y_msg_container" id="yui_3_16_0_ym19_1_1499241066002_7817"><div id="yiv2145282640"><div id="yui_3_16_0_ym19_1_1499241066002_7816"><div dir="ltr">Thanks for sharing this Ali.</div>
<div class="yiv2145282640gmail_quote" id="yui_3_16_0_ym19_1_1499241066002_7815">On Jul 1, 2017 8:01 AM, "Ali Hussein via kictanet" <<a rel="nofollow" shape="rect" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>> wrote:<br clear="none"><blockquote class="yiv2145282640gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;" id="yui_3_16_0_ym19_1_1499241066002_7814"><div class="yiv2145282640yqt6113880603" id="yiv2145282640yqt08903"><div id="yui_3_16_0_ym19_1_1499241066002_7813"><div id="yui_3_16_0_ym19_1_1499241066002_7819">The World Economic Forum has just released a white paper on a Blockchain:-</div><div id="yui_3_16_0_ym19_1_1499241066002_7818"><br clear="none"></div><div id="yui_3_16_0_ym19_1_1499241066002_7812"><span style="font-weight:600;" id="yui_3_16_0_ym19_1_1499241066002_7811">The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services</span><br clear="none"><br clear="none"><span style="" id="yui_3_16_0_ym19_1_1499241066002_8734">The transformation of the financial services industry is top-of-mind for everyone in the field and blockchain might be the hottest topic in the rapidly changing world of Fintech. But how can this technology really help financial firms? This report from World Economic Forum takes a pragmatic approach to answering this question.</span></div><div><br clear="none"></div><div>Read on:-</div><div><br clear="none"></div><div id="yui_3_16_0_ym19_1_1499241066002_7821"><a rel="nofollow" shape="rect" target="_blank" href="https://www.weforum.org/reports/the-future-of-financial-infrastructure-an-ambitious-look-at-how-blockchain-can-reshape-financial-services" id="yui_3_16_0_ym19_1_1499241066002_7820">https://www.weforum.org/ reports/the-future-of- financial-infrastructure-an- ambitious-look-at-how- blockchain-can-reshape- financial-services</a></div><div id="yui_3_16_0_ym19_1_1499241066002_7825"><br clear="none"><div id="yui_3_16_0_ym19_1_1499241066002_7824"><div><span><b>Ali Hussein</b></span></div><div><span><b>Principal</b></span></div><div id="yui_3_16_0_ym19_1_1499241066002_8796"><b style="">Hussein & Associates</b></div><div style="font-family:Helvetica;font-size:medium;">+254 0713 601113 </div><div style="font-family:Helvetica;font-size:medium;"><br clear="none"></div><div id="yui_3_16_0_ym19_1_1499241066002_7823"><div style="margin:0in 0in 0pt;" id="yui_3_16_0_ym19_1_1499241066002_7822"><span style="">Twitter: @AliHKassim</span></div><span style=""><font></font></span><div style="margin:0in 0in 0pt;"><span style="">Skype: abu-jomo</span></div><div style="margin:0in 0in 0pt;"><span style="">LinkedIn: <a rel="nofollow" shape="rect" target="_blank" href="http://ke.linkedin.com/in/alihkassim">http://ke.linkedin. com/in/alihkassim</a></span></div><font><br clear="none"></font></div><div><span style="">"We are what we repeatedly do. Excellence, therefore, is not an act but a habit." ~ Aristotle</span></div><div id="yui_3_16_0_ym19_1_1499241066002_8788"><br clear="none"></div><div><span><br clear="none"></span></div>Sent from my iPad</div></div><div id="yui_3_16_0_ym19_1_1499241066002_8736"><br clear="none">On 30 Jun 2017, at 6:39 PM, Admin CampusCiti <<a rel="nofollow" shape="rect" ymailto="mailto:info@campusciti.com" target="_blank" href="mailto:info@campusciti.com">info@campusciti.com</a>> wrote:<br clear="none"><br clear="none"></div><blockquote type="cite" id="yui_3_16_0_ym19_1_1499241066002_8738"><div id="yui_3_16_0_ym19_1_1499241066002_8737"><div>I would focus my conversation today on an enabling policy environment/Framework that will foster growth in this sector. What we are currently doing is playing in the periphery..</div><div id="yiv2145282640m_8377638068367900431AppleMailSignature"><br clear="none"></div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">1. A new law needs to be enacted yesterday to enable Africa's first virtual bank to be born in Kenya. Not Nigeria. Not South Africa. This is the birth place of Mpesa for crying out loud! Where we account for 10% of ALL GLOBAL MOBILE MONEY TRANSACTIONS! Yet we have a policy and regulatory regime that is still steeped in the physical cash economy. I hope that the new government coming in - Jubilee, NASA, KASA or whatever other acronym comes to power recognizes these simple truth - </div><div id="yiv2145282640m_8377638068367900431AppleMailSignature"><br clear="none"></div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">- We don't visit banks anymore. </div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">- We don't line up at Kenya Power, Nairobi Water or other utilities to pay our bills. </div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">- we don't send money via Rift Valley express, Coast Bus or Posta. </div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">- we even pay our taxes virtually..</div><div id="yiv2145282640m_8377638068367900431AppleMailSignature"><br clear="none"></div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">We simply mpesa or pesalink..</div><div id="yiv2145282640m_8377638068367900431AppleMailSignature"><br clear="none"></div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">So how come the environment to do these simply are archaic from a regulatory point of view. </div><div id="yiv2145282640m_8377638068367900431AppleMailSignature"><br clear="none"></div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">Try for example to get a mobile wallet approved by the regulator...</div><div id="yiv2145282640m_8377638068367900431AppleMailSignature"><br clear="none"></div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">2. A Sovereign Fund to pour money into this sector and nurture the next Global Fintech behemoth. </div><div id="yiv2145282640m_8377638068367900431AppleMailSignature"><br clear="none"></div><div id="yiv2145282640m_8377638068367900431AppleMailSignature">We need to consolidate our gains by opening up the policy and regulatory framework to make it easy and fast to move to the next phase of this Fintech Innovation.<br clear="none"><br clear="none"><div><span><b>Ali Hussein</b></span></div><div><b style="">Hussein & Associates</b></div><div style="font-family:Helvetica;font-size:medium;">+254 0713 601113 / 0770906375</div><div style="font-family:Helvetica;font-size:medium;"><br clear="none"></div><div><div style="margin:0in 0in 0pt;"><span style="">Twitter: @AliHKassim</span></div><span style=""><font></font></span><div style="margin:0in 0in 0pt;"><span style="">Skype: abu-jomo</span></div><div style="margin:0in 0in 0pt;"><span style="">LinkedIn: <a rel="nofollow" shape="rect" target="_blank" href="http://ke.linkedin.com/in/alihkassim">http://ke.linkedin. com/in/alihkassim</a><a rel="nofollow" shape="rect" target="_blank" href="http://ke.linkedin.com/in/alihkassim"><span style="text-decoration:none;"></span></a></span></div><span style=""><font></font></span><div style="margin:0in 0in 0pt;"></div><font><span style="">Blog: <a rel="nofollow" shape="rect" target="_blank" href="http://www.alyhussein.com/">www.alyhussein.com</a></span><br clear="none"></font></div><div><span><br clear="none"></span></div><div>"Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi</div><div><span><br clear="none"></span></div>Sent from my iPad</div><div><br clear="none">On 30 Jun 2017, at 4:19 PM, Watila Alex via kictanet <<a rel="nofollow" shape="rect" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a> > wrote:<br clear="none"><br clear="none"></div><blockquote type="cite"><div><div class="yiv2145282640m_8377638068367900431WordSection1"><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;">Good afternoon,<u></u><u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;">Kenyan banks seem to be playing a catch up game to mpesa in the area of mobile banking.<u></u><u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;"><u></u> <u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;">I have been watching with interest their introduction of pesalink. <u></u><u></u></span></div><div class="yiv2145282640m_8377638068367900431MsoListParagraph"><span style="font-size:11.0pt;font-family:Symbol;color:#1f497d;"><span>·<span style="font:7.0pt;"> </span></span></span><span style="font-size:11.0pt;">Banks are actually not charging any transaction costs when you transfer money between accounts in the same bank<u></u><u></u></span></div><div class="yiv2145282640m_8377638068367900431MsoListParagraph"><span style="font-size:11.0pt;font-family:Symbol;color:#1f497d;"><span>·<span style="font:7.0pt;"> </span></span></span><span style="font-size:11.0pt;">You can buy more M-AKIBA bonds on pesalink then when you use mpesa.<u></u><u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;"><u></u> <u></u></span></div><div class="yiv2145282640MsoNormal"><b><i><span style="font-size:11.0pt;">What is PesaLink?<u></u><u></u></span></i></b></div><div class="yiv2145282640MsoNormal"><i><span style="font-size:11.0pt;">PesaLink is a money transfer service from a local Kenya Shillings bank account to another local Kenya Shillings bank account in real-time. It is a collaboration between all local banks who are members of the Kenya Bankers Association (KBA) and is managed by Integrated Payment Services Limited (IPSL) which is a subsidiary of KBA. PesaLink is real-time, available 24/7 and you can transfer from as low as KES 10 to as high as KES. 999,999. It is also safe since it eliminates the use of cash as a mode of payment.<u></u><u></u></span></i></div><div class="yiv2145282640MsoNormal"><i><span style="font-size:11.0pt;"><u></u> <u></u></span></i></div><div class="yiv2145282640MsoNormal"><i><span style="font-size:11.0pt;"><a rel="nofollow" shape="rect" target="_blank" href="https://ipsl.co.ke/pesalink/">https://ipsl.co.ke/pesalink/</a><u></u><u></u></span></i></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;"><u></u> <u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;">Best Regards,<u></u><u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;"><u></u> <u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;">Alex<u></u><u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;"><u></u> <u></u></span></div><div class="yiv2145282640MsoNormal"><span style="font-size:11.0pt;"><u></u> <u></u></span></div><div class="yiv2145282640MsoNormal"><b><span style="font-size:11.0pt;">From:</span></b><span style="font-size:11.0pt;"> kictanet [<a rel="nofollow" shape="rect" ymailto="mailto:kictanet-bounces+awatila=yahoo.co.uk@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet-bounces+awatila=yahoo.co.uk@lists.kictanet.or.ke">mailto:kictanet-bounces+ awatila=yahoo.co.uk@lists. kictanet.or.ke</a>] <b>On Behalf Of </b>Erick Mwangi via kictanet<br clear="none"><b>Sent:</b> Friday, June 30, 2017 12:51 PM<br clear="none"><b>To:</b> <a rel="nofollow" shape="rect" ymailto="mailto:awatila@yahoo.co.uk" target="_blank" href="mailto:awatila@yahoo.co.uk">awatila@yahoo.co.uk</a><br clear="none"><b>Cc:</b> Erick Mwangi <<a rel="nofollow" shape="rect" ymailto="mailto:erick.mwangi@gmail.com" target="_blank" href="mailto:erick.mwangi@gmail.com">erick.mwangi@gmail.com</a>><br clear="none"><b>Subject:</b> Re: [kictanet] PRE KIGF ONLINE DISCUSSIONS DAY 4 -FINTECH ECOSYSTEM IN KENYA<u></u><u></u></span></div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal">The Uber snakes it away in the Nairobi morning traffic along Mombasa road - half asleep in the back seat, the city seeps through the car in a partially wound down window. The morning air is warm and as always the city is alive and awake.<u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"> Its hard to imagine 15 years ago I travelled this same route to the airport in a Matatu that had twigs on either side which stopped twice to ask for directions. Now the driver knows where I am going, knows the fastest routes and within 10min I have already transacted severally through mpesa and now on a conference call. <u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal">Technology gains can only be best understood through story telling. Fintech is definitely here with us.<u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div><div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;">1. Is the business environment in Kenya conducive for FinTech business?</span></b><span style="font-size:10.5pt;"><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">Yes Certainly - Disruption as it turns out, is as much a form of social evolution as it is of technological improvements. We are all evolving socially and otherwise.</span><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;"><br clear="none">3. Have banks finally caught on FinTech with their solutions?</span></b><span style="font-size:10.5pt;"><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">I think Banks are catching up on this technology as they continue to understand it better. Its however quite clear banks will lead on this and not the Fintechs as much touted.</span><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;"><br clear="none">4. How will bitcoins & block chain technology affect the market?</span></b><span style="font-size:10.5pt;"><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">When you speak with someone in the Bitcoin community, their is only one thing mentioned - as was during the dot. come era. In every conversation "Bitcoin is here and will change everything". What all those Crypto-pundits fail to remember or read about is at the beginning of the <a rel="nofollow" shape="rect" target="_blank" href="http://dot.com/">dot.com</a> boom there were Netscape, Yahoo, AOL, Lycos Alsta Vista etc. the outcome yielded different winners: Amazon Google, Salesforce etc. </span><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">Again, as with <a rel="nofollow" shape="rect" target="_blank" href="http://dot.com/">dot.com</a> there is something the larger public don't understand. While the media mulls over Bitcoin and and gives credence to a slew of people proclaiming a "decentralised network that no one will own" to a naive public and convincing them to dump millions into "ICO", there is something else happening. Consider FAAMG (Facebook, Apple, Amazon, Microsoft, Google) do you think its a coincidence they are major deployments for many Blockchain networks?</span><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">As with previous games the winners are already taking in massive rewards because they are already hooked into an existing IT and Banking Infrastructure. Currently investments are only flowing into Blockchain infrastructure that must be enterprise grade. Same as the Internet didn't make IT departments irrelevant, Blockchain will not replace IT departments. What will change is the speed and types of skillset needed in it. There will be no immediate shift to everything Blockchain - there will be long periods of co-existing and integration with existing IT systems. However Blockchain will lead to a strong surge in cloud adoption.</span><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><span style="color:fuchsia;">The consequence of Blockchain among consumers will be most felt in Infrastructure were developments relating to Identity, Privacy and Security are taking shape.</span><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><span style="color:fuchsia;">I don't think Bitcoin has a future</span><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;"><u></u> <u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;"><u></u> <u></u></span></div></div></div></div></div></div><div><div class="yiv2145282640MsoNormal"><br clear="all"><u></u><u></u></div><div><div><div><div><div class="yiv2145282640MsoNormal">E Njoroge Mwangi<u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal">Technology| FINTECH | Big Data<u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">Cell <span style="color:#1155cc;">+44 7539372742</span><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">Skype: Erick.mwangi<u></u><u></u></span></div></div></div></div></div></div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div><div><div class="yiv2145282640MsoNormal">On Fri, Jun 30, 2017 at 9:01 AM, Francis Monyango via kictanet <<a rel="nofollow" shape="rect" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a> > wrote:<u></u><u></u></div><blockquote style="border:none;border-left:solid #cccccc 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in;"><div><div class="yiv2145282640MsoNormal">Morning,<u></u><u></u></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal">Fintech seems to be technical but because we are all involved in it one way or another, we definitely have lessons and opinions on what needs to be done.<u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;">1. Is the business environment in Kenya conducive for FinTech business?</span></b><span style="font-size:10.5pt;"><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;">My answer would be yes. Yes because our internet penetration levels are really high compared other African states. Keeping in mind how mobile money has also picked up, there is definitely a conducive environment for fintech.</span></b><span style=""><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;"><br clear="none">3. Have banks finally caught on FinTech with their solutions?</span></b><span style="font-size:10.5pt;"><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;">Banks have not really caught up but they are trying to blend their products with technological solutions. The wake up call seems to be when interest rates were capped.</span></b><span style="font-size:10.5pt;"><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;"><br clear="none">4. How will bitcoins & block chain technology affect the market?</span></b><span style="font-size:10.5pt;"><u></u><u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:10.5pt;"><u></u> <u></u></span></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;">Crypto currencies such as bitcoin have started being hyped by block chain enthusiasts. However, the moment CBK will recognise it, it's true effect will be seen.</span></b><span style=""><u></u><u></u></span></div></div></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div><div><div><div><div class="yiv2145282640MsoNormal">On 30 Jun 2017 08:24, "Rosemary Koech-Kimwatu via kictanet" <<a rel="nofollow" shape="rect" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a> > wrote:<u></u><u></u></div></div></div><blockquote style="border:none;border-left:solid #cccccc 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in;"><div><div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">Dear Listers, </span><u></u><u></u></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">Our discussion topic today is the FinTech Ecosystem. Kenya is the birthplace of some of the most revolutionary FinTech ideas and today we will try to answer the following questions:-</span><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;">1. Is the business environment in Kenya conducive for FinTech business?</span></b><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;"><br clear="none">2, What is the experience of companies scaling & deploying FinTech to other countries in the region?</span></b><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;"><br clear="none">3. Have banks finally caught on FinTech with their solutions?</span></b><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><b><span style="font-size:9.5pt;"><br clear="none">4. How will bitcoins & block chain technology affect the market?</span></b><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><span style="font-size:9.5pt;">Looking forward to a great discussion!</span><u></u><u></u></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div class="yiv2145282640MsoNormal">-- <u></u><u></u></div><div><div><div class="yiv2145282640MsoNormal">Rosemary Koech-Kimwatu<u></u><u></u></div><div><div class="yiv2145282640MsoNormal">Advocate -FinTech and ICT Policy<u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal">Head of Legal and Regulatory Affairs-Wayawaya<u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal">Tel: <a rel="nofollow" shape="rect" href="">+254 718 181644</a><u></u><u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div><div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div></div></div></div></div><div class="yiv2145282640MsoNormal"><u></u> <u></u></div></div></div><div class="yiv2145282640MsoNormal" style="margin-bottom:12.0pt;">______________________________ _________________<br clear="none">kictanet mailing list<br clear="none"><a rel="nofollow" shape="rect" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a><br clear="none"><a rel="nofollow" shape="rect" target="_blank" href="https://lists.kictanet.or.ke/mailman/listinfo/kictanet">https://lists.kictanet.or.ke/ mailman/listinfo/kictanet</a><br clear="none">Twitter: <a rel="nofollow" shape="rect" target="_blank" href="http://twitter.com/kictanet">http://twitter.com/kictanet</a><br clear="none">Facebook: <a rel="nofollow" shape="rect" target="_blank" href="https://www.facebook.com/KICTANet/">https://www.facebook.com/ KICTANet/</a><br clear="none"><br clear="none">Unsubscribe or change your options at <a rel="nofollow" shape="rect" target="_blank" href="https://lists.kictanet.or.ke/mailman/options/kictanet/monyango93%40gmail.com">https://lists.kictanet.or.ke/ mailman/options/kictanet/ monyango93%40gmail.com</a><br clear="none"><br clear="none">The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. 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