Categories: CryptoNews

Combining Bitcoin With Aramex To Boost Adoption In Africa

Africa seems to be the region where Bitcoin can make a significant impact in the coming years, but there is still a lot of work to be done. Things seem to be evolving in the right direction in the region, though, as it has become easier to send cryptocurrency on goods and services.

Overcoming The Bitcoin Mental Hurdle

Although there are a lot of people in Africa who see the benefits of Bitcoin, very few people are actively embracing the cryptocurrency right now. Most of the things people can buy with Bitcoin are to be found cheaper anywhere in the continent which is not exactly solving a problem. After all, who would go out of their way to buy Bitcoin and pay a fee when buying the item with fiat currency is cheap and can be found next door?

Despite the opportunity to buy Amazon gift cards with Bitcoin, there is no real use for that service either. Very few Amazon sellers ship to Africa and that situation will not be changing anytime soon by the look of things. Moreover, there is no such thing as finding an address in Africa, as very few addresses have house numbers, making shopping all but impossible.

Luckily, there is a solution in place, called Aramex. Very few people in the Western world will have heard of this service, as they specialize in forwarding mail to other countries. Moreover, they provide receiving addresses from 15 countries, and they ship to 62 countries around the world. This is particularly useful when buying goods that are only available to a particular region in the world.

Related Post

Although Aramex does not accept Bitcoin payments for their services, it opens up interesting opportunities for people globally. Consumers can now use Bitcoin to pay for items all over the world, and have it delivered to their home through Aramex. Particularly useful for some parts of the world, whereas the Western world may not benefit from this business model much.

It remains to be seen if this type of approach can make an impact in Africa over the coming years, and what it will do for Bitcoin adoption. This mixture of services is kind of interesting to keep an eye, though, despite consumers having to jump through various hoops to buy goods on an international level and sell them locally.

Source: Let’s Talk Bitcoin

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

FOMO: Best Crypto to Buy Now— AurealOne is Merging Innovation with Investment Potential!!

The abbreviation Crypto refers to digital money which uses blockchain technology to operate as a…

21 hours ago

Smart Money Targets Key Narratives: Accumulation Trends Highlight Growing Interests in Meme Coins, DeFi, and AI

A fresh round of investments over the last day shows high-net-worth individuals and institutional players…

1 day ago

Bitcoin Network Growth and Renewed Investor Confidence Signal Strong Market Fundamentals

The continued growth of Bitcoin is reflected in the rise of its holders, with the…

1 day ago

Ethereum Faces Record Selling Pressure, But Support Levels and Momentum Could Propel it Toward $800

In recent times, Ethereum has faced a lot of selling pressure, with the last three…

1 day ago

Crypto Trader Makes Millions in Profit with High-Leverage Trades on Hyperliquid

A prominent cryptocurrency trader is enjoying unprecedented success with high-leverage positions on the Hyperliquid platform,…

1 day ago

Donald Trump’s World Liberty Financial Persists In Making Substantial Maneuvers Within The Crypto Space

Donald Trump's World Liberty Financial (@worldlibertyfi) has once again made a significant move in the…

1 day ago