Stakeholders need to strengthen their "engagement and collaboration" in bitcoin as it could help boost Ghana's cashless society, according to Nii Narku Quaynor. Speaking at the third Ghana e-Commerce Conference and Exhibition in Accra, the 'father of the internet' highlighted the country's mature e-commerce economy, but warned of the dangers of cybercrime. The mobile banking and online payment markets are predicted to boom as, despite Ghana's 70% unbanked population, mobile money transfers hit GHS $170.16m (679.17m) by the end of June 2016.
Stakeholders need to strengthen their "engagement and collaboration" in bitcoin as it could help boost Ghana's cashless society, according to Nii Narku Quaynor. Speaking at the third Ghana e-Commerce Conference and Exhibition in Accra, the 'father of the internet' highlighted the country's mature e-commerce economy, but warned of the dangers of cybercrime. The mobile banking and online payment markets are predicted to boom as, despite Ghana's 70% unbanked population, mobile money transfers hit GHS 679.17m ($170.16m) by the end of June 2016.