(Dream and Hustle) Worldwide mobile commerce solutions are empowering the poor and unbanked population as well as creating tangible economic development. In America, the only group of people who can apply the same success model of m-commerce are African-American and Hispanics who live in high-density urban areas, highly social among others and are also unbanked. Worldwide pilot test is showing not only a high rate of adoption among unbanked mobile phone users to perform cash transfers, but also enable storefronts to get more profits from better cash handling and able to employ people from their community.
With all of this data going on worldwide, shouldn’t it be understandable to ask why African-American tech entrepreneurs who enjoy reading Black Web 2.0 haven’t created any m-commerce solutions for our community? This article will explain one possible answer why African-Americans have not moved forward on any m-commerce solution to make themselves rich and empower the community at the same time.
Let’s Look at What’s Going On Around the World With Mobile Commerce
Many of us brothas and sistas do not realize what is going on in Africa in the past 5 years and still think they are way behind us and they need us before we need them. Well, before I go further – I need Africans to help me navigate global markets so I can debunk that myth some of yall want to think right here and right now. Most African-Americans can’t tell me a damn thing about global markets because they visiting as tourists – you think these African cats are “visiting” these markets or trying to make money happen?