Cameroon: Ricardo Konlack leverages blockchain to facilitate and secure financial transactions

By : Melchior Koba

Date : jeudi, 07 septembre 2023 17:51

He is an outstanding example of an African entrepreneur who is harnessing blockchain technology to generate a positive impact both on his continent and on the world stage.

Cameroonian-born entrepreneur Ricardo Konlack (photo)  is a blockchain enthusiast. As the co-founder and CEO of IoT firm Katika, he is actively involved in revolutionizing the financial landscape in Africa through the adoption of this innovative technology.

His platform, Katika, stands out for its ability to offer innovative solutions perfectly adapted to the needs of African entrepreneurs. It facilitates rapid and secure payments, offers access to credit without the need for intermediaries, encourages savings, and enables investment in local projects.

Katika's mission is to promote financial inclusion, stimulate economic development, and enhance digital sovereignty in Africa.  It uses blockchain to establish trust between users, reduce costs, increase transparency, and guarantee data protection. Its platform relies on an active, committed community that contributes to its governance and development.

The platform has benefited from support from several local and international incubators and accelerators, including Founder Institute and ActivSpaces.

Ricardo Konlack graduated from Germany's Technische Hochschule Mittelhessen in 2020, with a degree in civil engineering. The entrepreneur's first company is BrickBuilding, which designs, manufactures, and distributes products for civil engineering, architecture, construction, and public works.

Melchior Koba


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