The digital economy is growing rapidly in Africa. The number of internet users in the continent has increased from about 60 to over 210 million between 2010 and 2020, with a predicted growth rate of more than 5% annually. In addition, mobile money transfers have also grown exponentially during this period. As a result, there has been an increased interest in blockchain technology in Africa as it has become apparent that it can be used to address many problems facing African economies today.
The digital transformation agenda of Ghana is a plan to transform the country into a knowledge-based economy. The goal is to provide high-quality digital services, information, and communication technologies (ICTs) to all citizens in Ghana. Digital transformation is an ongoing process that has been taking place in Ghana since 2005.