Photo by Ivo Hercik
“Invest in the future.”
Kingsley Kobayashi is an entrepreneur who was born and grew up in Benin City, Nigeria, and relocated to Japan in 1993. He is an entrepreneur involved in several investment, finance, environment, hospitality, empowerment, and charity businesses. One of Kingsley’s new business ventures is blockchain, a new database technology that has the potential to transfer data more securely and more efficiently.
In many developing and under-developed countries, a large segment of the adult population is “unbanked” which means they do not have a checking or savings account. “More than 1.7 billion adults worldwide are unbanked,” he explains. But the majority of the unbanked have mobile phones.” Kingsley is creating a blockchain payment system that allows the unbanked to use their mobile phones for transactions, payments, and other financial services. “This will help to alleviate their financial difficulties,” he says.
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Kingsley believes the technology will also help the medical industry, specifically telehealth and telemedicine. “With the current pandemic, people with non-severe medical issues are encouraged not to go to hospitals to avoid getting infected,” he explains. “Patients can be diagnosed through video calls and their medication could be securely prescribed through blockchain.” With blockchain, doctors and pharmacists can have instant access to vital medical records that allow for the best patient treatment. Kingsley says this technology can expand to counseling sessions such as marriage counseling, and even psychiatric counseling.
Kingsley is also conscious of the environmental waste that is being produced throughout the continent of Africa and others. Accordingly, he is investing in clean renewable energy. “Turning waste to energy will help to alleviate two major problems: One is keeping the cities clean and the second is providing city dwellers the energy needed for daily activities, business development, and infrastructure,” he explains. He says that waste is a major issue in many developing nations because of overpopulation and poor long-term solutions for waste disposal. “Our project offers solutions for both a cleaner environment and the production of electricity,” he says. Kingsley Kobayashi is using business to empower the underserved so that everyone can live out their dreams.
Photo by Ivo Hercik