ZiGs: The World’s Newest Currency
In 2009, following an extreme bout of hyperinflation, Zimbabwe abandoned its national currency. During the period of hyperinflation, prices were increasing at an astonishing rate of 5 billion percent annually.…
What’s in Your (Digital) Wallet?
After decades of struggling with high rates of inflation, in 2001 the nation of El Salvador abandoned the use of its local currency, the Salvadoran colón, and made the US…
In Africa, Don’t Reach For Your Wallet, Grab Your Mobile Instead (video)
Video Clip: https://www.voanews.com/covid-19-pandemic/coronavirus-pandemic-fuels-mobile-money-transactions-nigeria (Time: 3:04) Abstract: As the COVID-19 pandemic continues to disrupt business and lives across the world, one industry that is still growing is Africa’s mobile money business.…