Kudzai Kutukwa
Kudzai is a Bitcoiner (Class of 2013) and entrepreneur in the crop insurance space. A passionate Bitcoin educator and financial inclusion advocate with Looking Glass Education, who is a regular Bitcoin Magazine Contributor. He was recognized by Fast Company magazine in 2017 as one of South Africa’s top twenty young entrepreneurs under 30 and he is also a Mandela Washington Fellow and an Obama Africa Leader.
Session
The Lightning Network (LN), a second-layer solution to Bitcoin’s scalability issues, represents a vibrant frontier for immediate, low-cost, and secure transactions. Our discussion, “Building a Parallel Economy with the Lightning Network,” aims to unveil the vast potential of LN in fostering a resilient, inclusive, and decentralized economic infrastructure that empowers communities worldwide.
This talk will begin with a brief introduction to the Lightning Network’s functionality and its significance in the broader Bitcoin ecosystem. It will further delve into LN’s role in enabling quick microtransactions, which are essential for a thriving, inclusive parallel economy. Attendees will glean insights into how the LN facilitates trade, remittances, and financial access in areas where traditional banking structures are inadequate or non-existent.