Economic Transparency: Blockchain as a Hedge Against Systemic Corruption in Cameroon 🏛️
Cameroon’s low Transparency International ranking signals high institutional risk for emerging digital markets 📉.
Systemic corruption inflates SME operational costs through unavoidable and informal "lubrication fees" at every level 🛑.
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These financial barriers suppress local entrepreneurship and prevent efficient capital allocation within the national economy 🏗️.
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Cryptocurrency offers an immutable solution to bypass corrupt intermediaries and eliminate hidden transaction costs ⛓️.
Decentralized ledgers replace "facilitation fees" with transparent, on-chain smart contract execution and total data integrity 🛡️.
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Adopting DeFi protocols allows businesses to maintain integrity while scaling in high-risk, low-transparency macroeconomic climates 🚀.