Stakeholders need to strengthen their " engagement and collaboration " in bitcoin as it could help boost Ghana 's cashless economy , according to Nii Narku ##wa . Speaking at the third annual 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 grow as , despite Ghana 's 70 % unbanked population , mobile money transfers hit $ 679.17 m ( $ 170.16 m ) 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.