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Open Source Economics

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Africa: Bitcoin Fuels Africa's Banking Revolution (Page 2 of 2) Leaping forward Many parts of Africa have managed to effectively leapfrog the era of wired telecommunications by taking advantage of cheap, contract-free mobile phones to keep in touch.

Africa: Bitcoin Fuels Africa's Banking Revolution (Page 2 of 2)

In turn, the massive demand for communication has driven private sector investment to ensure the growth of wireless networks across the continent. It was therefore only a matter of time before a company woke up to the potential of a service like Kipochi. The advent of Bitcoin has provided the perfect vehicle for the next stage in the revolution. Sanjay Pradhan: How open data is changing international aid.

Yochai Benkler on the new open-source economics. Robert Neuwirth: The power of the informal economy.