Enrolling into Exclusion: African Blockchain and Decolonial Ambitions in an Evolving Finance/Security Infrastructure

Malcolm Campbell-Verduyn*, Francesco Giumelli

*Bijbehorende auteur voor dit werk

OnderzoeksoutputAcademicpeer review

3 Citaten (Scopus)
28 Downloads (Pure)


There is growing debate over whether applications of blockchain and other financial technologies (‘fintechs’) reinforce forms of neo-colonial extraction that perpetuate North–South inequities or help enact decolonial ambitions across the Global South. This paper expands such discussions and contributes to this special issue on ‘fintech in Africa’ by situating emerging African blockchain techno-experimentation within wider international infrastructural relations. We argue that blockchain-based activities in and across the African continent must be understood within those also unfolding in countries that have been subjected to financial sanctions of varying types (China, Iran, Russia, Venezuela) by the European Union, United States, and United Nations. Our analysis traces how blockchain-based applications by sanctioned countries are extending exclusions in novel and existing socio-technical relations. We conclude that blockchain-based experiments are facilitating rather than displacing a colonial finance/security infrastructure.
Originele taal-2English
Pagina's (van-tot)524-543
Aantal pagina's20
TijdschriftJournal of Cultural Economy
Nummer van het tijdschrift4
Vroegere onlinedatum11-apr.-2022
StatusPublished - 2022

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