March 9, 2021/CDMX

As the blockchain sector grows in popularity across the globe, experts note positive trends within the industry in closing racial disparities that exist in many big tech sectors. Crypto provides new tech and investment opportunities to communities of color, specifically positioning African investors and innovators across the globe as leaders in the digital finance economy.

Recent trends and research in the crypto sector show that African investors and entrepreneurs across several continents are both enjoying success in the space. As investors, they are gaining easier access to public financial systems due to the elimination of racial profiling and crypto’s democratization of the financial sector.

Africans like the Musician Akon and his Cryptocurrency City, are advancing blockchain through their positions as thought leaders, with African entrepreneurs founding blockchain companies or venture capital funds. And another space they are making significant contributions in is the blockchain education sector. Teaching people how they can create trust between two parties without needing an intermediary is revolutionizing global and local trade in Africa.

In any emerging industry, education is the key to increasing awareness of that industry’s benefits and driving new users to adopt the technology or practices in question. Thanks to the efforts of several high-profile Black leaders in the space, Africans worldwide are learning the fundamentals of the ecosystem and becoming more likely to dip their toes into it because of the education they are receiving. And that education is even more powerful when it comes from someone who looks like them who has found success in the industry.

As blockchain continues to gain wider acceptance and adoption, industry experts see the ignorance of the sector, not racial disparities, playing the largest part in any discrepancies that may exist. With this in mind, many entrepreneurs working within the crypto space are turning to education to ensure that users from all walks of life understand the benefits of investing in crypto and how it can help grow their wealth.

Tom McMurrain, CEO of CMDX, the world’s premier healthcare cryptocurrency, is one leader leveraging the power of education as part of his brand’s strategy to attract community members to the CMDX platform and help them thrive regardless of race or economic restrictions. CMDX employs a five-step process to educate prospective and current members on crypto, providing valuable insight into how to buy, spend, and acquire crypto and how to accept it as a vendor on CMDX’s crypto-driven health marketplace. With CMDX you learn everything you need to know through the enrollment process because they only accept cryptocurrency for products and services.

McMurrain and his team have seen positive results on trend with what other blockchain experts are seeing: many investors from communities of color are accessing the provided education and then opting into the crypto space. CMDX has enjoyed broad success across the globe, most notably in on the African continent due in part to it’s approach to education and building a platform that is not about the color of your skin but your desire to live healthy and be wealthy.

“CMDX’s success comes from our foundational understanding that education creates awareness of the opportunity and helps prospective investors feel comfortable in this new-to-them space,” said McMurrain. “Especially in our African communities that are dipping their toes into blockchain for the first time, we highlight our mantra of “get educated, get experienced, get empowered, get engaged, be enriched” to help them find success in this new space and chart their own trajectories of success.”