We sent our camera operator John with @coinbase to explore Mozambique, documenting how cryptocurrency effectively addresses genuine issues and creates more economic freedom.
In the video @yusufomar learns about Casa Real, an innovative company that constructs cyclone-resistant housing in strategically placed areas. Interestingly, Casa Real has integrated NFTs and blockchain technology to replace an outdated loan system.
In Mozambique, the current mortgage rates exceed 22%. Many individuals residing along the coastline are unable to obtain loans for purchasing houses. Additionally, the increasing occurrence of cyclones is causing the destruction of manually constructed shelters. Is it possible for cryptocurrency to update the existing system and enable more individuals to acquire safer homes?