Quote from: Iloveelvis on October 09, 2017, 08:35:12 PM

Bitcoin is growing popular throughout a few regions within the giant continent of Africa. One of these areas seeing bitcoin growth is the United Republic of Tanzania. Due to the rise in interest towards bitcoin from Tanzanian citizens the Bank of Tanzania governor, Benno Ndulu, expressed some concerns about the decentralized currency this week.

Currently, online searches for the decentralized cryptocurrency bitcoin are trending significantly within the Eastern and Southern African regions. There is significant interest in areas like Nigeria, Kenya, and Tanzania and these regions have a plethora of ways to obtain bitcoin. In Tanzania specifically, Localbitcoins volumes have risen exponentially since last Spring and the countrys central bank is beginning to take notice.

Read More Here >>> https://news.bitcoin.com/bitcoin-has-caught-the-attention-of-tanzanias-central-bank/

It's one thing for the Bank of Tanzania to study the impact of bitcoin, it's another to look at how blockchain-based banking services including enabling peer-to-peer lending can extend banking services to people who are otherwise excluded from the traditional banking system.