Digital money in Africa would be the answer to assisting those in remote regions, smartphone technology has bridged the gap.

What is a surprise, is it is always converted into USD; very expensive and usually on a roller coaster ride in any 3rd world country, 'spot rates' in your dreams. Buying /Selling is in line with Exchange at time of purchase or sale.

We Africans that have banking facilities move money to an Exchange, that is after being verified between Fiat Bank/ Exchange, so any move can take up to 3 days. Sit back and watch that red hot price deal go out of the window.

Now those without a bank account, who are the majority, how do they start to obtain digital money? No one is going to walk around with a packet full of cash to buy digital money from someone they don't know. Moving money from fiat currency to an overseas denomination is not going to be understood, lack of education is going to be a major challenge.

I personally am sold on this concept, however find many questions begging on how to help the majority, making them more in control of their destiny?