While many investors in the West look to crypto to speculate on the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa, such as hyperinflation and “corruption,” executives told Cointelegraph.

Speaking to Cointelegraph, Chris Maurice, founder and CEO of Yellow Card — Africa’s largest cryptocurrency exchange — said crypto in Africa “is growing at the speed of light” because it allows many Africans to escape from the traditional financial system’s failures and transact more freely.