How Would you Assess the Potential for Businesses like KOY Network to Leverage Themselves Online?

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    neopch

    Published on Jan 13, 2024
    About :

    Transcript: If I was advising a business like I've owned before and it was located anywhere in Africa I know that my business for instance I'm in the United States and in the 90s my business started to bulding business online at first we were able to put up a website and get some phone calls and people reluctant to even give us their credit card information by phone but we were able to do more and more business for the place we could go and we learned that we had limitation there are 50 states in the United States Alaska and Hawaii are separate from the rest of the continent we were able to do business there if I'd have found a courier be able to go to those locations I would have been able to ship a lot better fast forward to today what we're looking at is you guys to be able to ship between countries and transfer money between countries have so many obstacles that are there that we can just leave fraud everything that the rest of the world went through and and connect everybody up to what what you'll recall as being called the information super highway back in the 90s it is infrastructure that is gonna allow things to go instantly and the thought of it instead of having to pay 10% on the money transaction or the paperwork or the having to go outside the continent and then back for money transfers is one that the Richard just talked about I just look at look at those things and I say I can remember when I had to do handwritten forms to be able to ship something and when we got it on computer how that streamline what we did our shipping went from being hours a day to minutes a day and I've seen that transaction happen again and again it's the same thing that happened when we got mobile and if what we talked about in the "Twitter Revolution" book which interesting it is still roll-up in today other than the name because what we were talking about is the future was going to be mobile and it was gonna be connections to the people you want to be connected to now when I read "Billions Rising" and I was talking about this kind of stuff we were always thinking in terms of how can the US do business with with Kenya instances and we're thinking the terms of that I had never really got the got a picture of how can you doing business with Uganda is much more important than whether or not you could do this with the U S we may have more money over here but it's much easier to trade and draft that especially for a local business and so having I would say anybody should be getting hooked up to the KOY Network just to be able to take crypto in general we've seen in El Salvador they gave up on they were using US dollars their currency they gave up on having any currency of their own and accepted the dollar and bitcoin and so bitcoin is legal tender in El Salvador it's not without its problems bitcoin is volatile etcetera all that fixed with the KOYN actually have to do a transaction in KOYN I think the greatest thing of technology is where it reduces friction it's not, oh wow we got a new new technology that's not what's important what's important here can I do business faster cheaper and with more people and all of those apply to what what this project is again that's why I get so excited about it

    https://koy.network

    Tags :

    africa ocd inleo finance leofinance video threespeak neoxian pob business

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