With a renewed focus on developing game-changing services in Africa, Nnajiugo Nwosu, Chamco Projects’ Sr Vice President of Technology, is stepping up the company’s move into blockchain technology and cryptocurrencies.
Having forged advanced partnerships in the region, Chamco Projects has led negotiations with global tech companies in recent months to bring blockchain and cryptocurrency solutions to emerging economies.
“By leveraging the power of the blockchain, we can bring more innovative services to Africa where disruption and advanced artificial technology platforms can make a transformational difference,” said Nwosu.
He has been an active figure in the technology space, helping businesses leverage disruption and artificial intelligence to grow their market presence. Nwosu served as a mentor at Blackstone LaunchPad, part of USC’s Lloyd Greif Center for Entrepreneurship Studies.
Having helped students at USC refine their business plans by providing practical advice and guidance on creating successful pitches, Nnajiugo Nwosu developed his passion for technological innovation, and has since been working with a number of companies to expand their international growth.
“We’re at a pivotal moment now with technology disruption, and with the blockchain bringing new capabilities to emerging markets, it’s an exciting time to be developing solutions that incorporate cryptocurrencies,” added Nwosu.
Chamco Projects recently revealed it had started advanced negotiations on development of cloud-based artificial intelligence solutions in Africa to power new revenue generating models and reduce public sector waste in the private sector.
In recent years, blockchain solutions have become increasingly prevalent across a range of industries, allowing companies to reimagine how financial transactions can be handled. Consumers’ experiences with payments and post-trade processing will fundamentally change how businesses interact with them in the future.
For the African region, the growth in cryptocurrency adoption in the private sector is also providing new opportunities to leverage new distributed technologies that will help citizens gain more access to financing and other ecosystems backed by the blockchain.