Finance guy with a considerable interest in the adoption of web 3.0 technologies in the financial landscape. Both technology and regulation focused but, of course, people first.
Smart contracts are self-executing contracts with the terms and conditions directly written into code.
Predefined events and conditions trigger smart contracts, and once...
The Nigerian Securities and Exchange Commission (SEC) released a circular on June 9, declaring Binance Nigeria Limited (BNL) illegal in the country.
Binance...
The internet has undoubtedly transformed our world, revolutionizing communication, transactions, and access to data. However, as we move forward into the future, new technologies are emerging that have the potential to reshape the Internet as we know it. One such technology is blockchain, a decentralized and secure system revolutionizing various industries.
In today's digital landscape, applications (apps) have become integral to our lives. Mobile apps have transformed how we communicate, work, and entertain ourselves, from social media platforms to productivity tools. However, with the rise of blockchain technology, a new paradigm of decentralized applications (DApps) has emerged, challenging the traditional app landscape. This article explores the key differences between apps and DApps, their advantages and disadvantages, and provides insights into their future outlook.
Regulatory uncertainty is a critical obstacle to the widespread adoption of cryptocurrencies in Africa
To address these risk concerns and foster greater adoption,...
In Africa, NFTs remain relatively unknown to the general population.
Financial literacy and access to banking services are significant obstacles to NFT adoption...
Tokenized assets have gained interest from institutional investors seeking new forms of value.
Swift is conducting experiments to explore blockchain interoperability and address...
Nigeria's Securities and Exchange Commission (SEC) declared the exchange and its subsidiary, Binance Nigeria Limited, "illegal."
The SEC's primary contention is that Binance...
DeFi uses blockchain technology to remove intermediaries from financial transactions.
By leveraging blockchain technology, DeFi can bypass traditional barriers to financial services, offering...
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, has announced the launch of its stablecoin issuance platform, Progmat Coin.
Progmat Coin...
NFTs are key to transforming the preservation and promotion of traditional art, music, storytelling, and other cultural expressions.
African cultural preservation faces challenges...
Ledger announced a service called Ledger Recover, which enables users to store encrypted backups of their seed phrases with three custodians.
The cryptocurrency...
Social tokens are digital assets issued by creators, communities, or brands to represent ownership or access to certain benefits within a specific ecosystem.
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Unlike most cryptocurrencies, such as Bitcoin or Ethereum, known for their price volatility, stablecoins aim to minimize fluctuations in value and provide stability...