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Michael Kimani @pesa_africa
, 3 tweets, 1 min read Read on Twitter
In 2013, Business Daily asked Peter Ndiangui, Country Manager, OLX Online marketplace

What is the weirdest product anyone ever sold on OLX? Here is what he said 1/
What does this say about Kenya and ecommerce? 2/
Relevant

Online Shopping in Rural China
How internet shopping is changing rural villages in China bbc.co.uk/programmes/p03… 3/
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Looking at Kenya's Capital market transition from paper share certificates to > immobilized electronic record form to > de-materialized form housed by the Central Depository Service Corporation (CDSC) has some lesson for transition physical records and assets to blockchain 1/
First here is a list of Financial Intermediaries in Kenya's Capital Markets /2
Second, here is a list of participants involved in the Clearance and Settlement of Securities in Kenya 3/
Read 20 tweets
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People forget that the next generation of mama mbogas and boda boda people and taxi drivers and the whole of informal sector will be educated upto college/university level.

They'll be digital natives.
They'll be exposed to global trends 1/
The early signs of this shift are evident now

Young graduates leaving school and straight into informal sector

Formal employees quitting 9-5 jobs to go into biashara

For example Met a lady who quit her job to sell bags from mitumba via social media. 2/
In the near future matatu touts will be educated, on the same platforms as everyone else (fb, whatsapp, mobile phone, mpesa, Instagram)

Nairobi's street hawkers will be educated too and on the same platforms as you and I

Why does this matter ? /3
Read 15 tweets
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Here is a useful stack to think about blockchain/DLT/ "whatever you want to call it"

layer 1 - 4 : all the technical stuff for devs
layer 5: governance
layer 6 & 7 : what average person calls "use cases"

source: Financial Cryptography in 7 Layers by Ian Grigg 1998 1/
Right no, a lot of the activity is at the bottom layers 1 - 4

these are the chain wars POW vs POS vs DPOS vs "whatever else"
these are the "private" vs "public" / permissioned vs permissionless
these are the Bitcoin vs Bitcoin cash/ Ethereum vs EOS

technical jargon area 2/
Right now layer 5 is becoming a hot topic

How do we resolve issues that have nothing to do with logic? eg threat of theft or abuse exists from parties who are trusted to manage the system.? This problem can be overcome with a wide variety of techniques ie governance /3
Read 7 tweets

Related threads

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1/ Happy Monday Twitter. ⚠️ #tweetstorm 🌪️ #alert ⚠️

My #LegalGeek #FOMO peaked when I missed @nwaisb talk on #AI #hype which is still ALL OVER MY TWITTER FEED. Plus now I have #ACCAM18 #FOMO so here's a bunch of 🤔re #AI, #MachineLearning, #EmergingTech #hype, and #marketing.
2/ As @ZachAbramowitz thinks there's no fun in agreeing: no, I don't think @nwaisb / @KiraSystems & others have benefited (on net) from the AI hype. I'd say hype hurts us all, bc it trades short term gainz to a few players for long-term pain shared by all.
3/ New entrants can feel the need to build #buzz for brand awareness + brand lift. I wouldn't exactly disagree this may help new offerings generate leads + fill their pipeline. Piggybacking on an existing trend with #hype is a shortcut to buzz, BUT with many pitfalls ⚠️
Read 16 tweets
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[THREAD] So, there's a syndicate of crooks in #Kenya who have been cloning vehicle registration plates, and using random vehicles to commit crimes.
A few months ago, i had tweeted about being paid a visit at my place of business by two smartly dressed plain-clothes police officers and a Chinese national.
They said that they had "evidence" that a vehicle registered to me was involved in a house-breaking in Kilimani.
Read 58 tweets
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"I'm afraid to discuss my business ideas because I'm afraid someone will steal them. What do I do, Shadeed?"

Good question. Here are 7 ways that you can protect your #business ideas.

Thread

#smallbusiness #startup #smb
Protect your business idea #1
Non-disclosure agreements. (NDA)

What is a NDA?

A legally enforceable contract that binds confidentiality
between a person holding information with the person who
is receiving it.

You sign NDA before you tell the details.
Protect your Business Ideas: #2
Trademark your Name

What is a trademark, Shadeed?
A symbol or words that are legally filed to represent a product or company.

Where do I file my trademark?
Apply online here: bit.ly/2owQZB7

#business101
Read 10 tweets
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Daily Digital India
1. Digital India is application of digital technologies for delivering citizen services. 2. In order to achieve this government requires the following infrastructure in place.
3. These infrastructure is also called "Platforms"
dastikop.blogspot.in
Daily Digital India
Digital India platforms that enable paperless transactions
1. Aadhaar is used for presence-less resident identity
2. Authentication is used for verifying who you are
3. e-KYC is required for obtaining digital signature .....
dastikop.blogspot.in
Daily Digital India
Digital India platforms that enable paperless transactions
4. eSIGN enables anyone with Aadhaar to sign digital documents
5. Digilocker where digital documents can be e-signed by multiple people, business or government
dastikop.blogdpot.in
Read 7 tweets
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#Kenya #thread on the importance of the courts in this election & country's economic, political future - story here wsj.com/articles/kenya…
World's attention focused on #Kenya Supreme Court after historic annulment of Aug. 8 vote, which triggered reactions wsj.com/articles/kenya…
#Kenya courts, experts told me, improved in leaps & bounds; confidence in the institution is robust among Kenyans wsj.com/articles/kenya…
Read 10 tweets
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Foreign press meeting with DP @WilliamsRuto starting now. Tune in I'll start a #thread #Kenya
DP Ruto: we've rolled up our sleeves -As for whether Mr Odinga will participate or not that is his choice to make. #Kenya #Kenyadecides
DP Ruto: Mr Odinga mis-stepped and decided to interpret the constitution himself... I still find them giving conditions. #Kenya
Read 32 tweets

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