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Despite the abundance of many forms of natural energy in Africa, including solar, wind and hydropower, many parts of the vast continent still do not have access to electricity interrupted 24 hours a day. According to a World Economic Report Forum of 29 November 2018, blockchain technology can solve the energy problems of Africa if well used.
Epileptic power supply in Africa
While most nations in the Western world have developed their energy systems to the extent that they can go for several months and even years without interruptions even for a second, only a few nations in Africa can claim 12 hours of uninterrupted electricity until now .
For example, Nigeria, the so-called giant of Africa with a population of almost 200 million, has an electricity shortage of 173,000 MW, while the entire nation needs at least 180,000 MW.
The lack of energy in Nigeria has made the nation a landfill for generators of all kinds, noisy and polluting the air.
According to the WEF, Nigeria is not alone in this "darkness", as most of the countries of Sub-Saharan Africa suffer even more severe electricity shortages.
Unfortunately, only 18 percent of the Rwandan rural population, which is home to more than 70% of the citizens of the country, has access to electricity.
A significant number of households and buildings in Rwanda's rural areas are not connected to the state-owned electricity grid, and even the inhabitants of the cities that are connected to the network are not promised 24-hour electricity supply. However, the Rwandan government says it intends to achieve complete electrification by 2024.
Blockchain technology illuminates Africa
Blockchain technology is not new, the bricks of bitcoin and other digital resources have excellent use cases in the financial sector thanks to its immutability property.
Now, farsighted startups have begun to create blockchain and electricity based on green energy solutions that can illuminate families throughout Africa.
At the beginning of October 2018, BTCManager informed that WALA, a South African Fintech The company had partnered with the Uganda government to develop a blockchain-based gigawatt-based energy economy to significantly improve the country's energy supply.
It is worth noting that while Nigeria has all it takes to effectively solve its energy shortages, corrupt politicians who import generators, as well as those thieves who have siphoned money for power projects, have made it impossible.
Therefore, even with the blockchain technology, Nigeria's epileptic diet may not be treated quickly.
