News

African problems that blockchain technology is already solving

Blockchain technology has already proved beneficial in combating corruption With the help of blockchain, the Nigerian startup HouseAfrica has developed Africa's first blockchain-based...

Ethereum mining; a beginner’s guide to get you started

Ethereum is more than just a cryptocurrency; it's a blockchain network that offers vast opportunities to developers. Ether and Ethereum are two different...

Will crypto eventually replace fiat currency?

People can already exchange crypto for fiat through trades or exchanges with other cryptocurrencies. The popularity, awareness, and acceptance of cryptocurrency and blockchain continue to grow. The more the understanding and usage of crypto, the greater its relevance as a medium of exchange.

How Africans are earning from Cryptocurrency

Currently, there is only one bitcoin ATM in Nairobi at Kenrail Towers

Technology and innovation: similarities and differences between crypto and forex markets

Both cryptocurrency and forex have parallels and differences. The purchasing and selling of digital assets like cryptocurrencies, tokens, and NFTs is known as crypto trading (non-fungible tokens). Forex trading is exchanging one fiat currency for another, believing its value will grow. A trader might use this disparity to generate a profit and save money.

Paypal introduces cryptocurrency payments to encourage adoption

Paypal venturing into cryptocurrency creating vast opportunities for its users. Online Payments using crypto coins is realized through Paypal. Crypocurrency exchange and trading...

Solana’s Web3 embassy concept: Lessons for Africa

Solana's recent launch of their brick-and-mortar store embassy concept, the Solana space, has drawn a lot of conversation. In the physical location, public members...

Common cryptocurrency scams to look out for in 2022

Cryptocurrency is the future of money. It brings many benefits such as decentralisation, immutability, extreme divisibility and those lovely open ledgers running on blockchain technology.

Beyond Art: Non-Fungible Tokens (NFTs) are proving their value in the world of crypto

NFTs offer the potential for a variety of applications. They are, for instance, an excellent vehicle for digitally representing actual assets such as real estate and artwork. NFTs, since they rely on blockchains, may also be used to eliminate intermediaries and link artists to their fans, as well as for identity management. NFTs have the potential to eliminate intermediaries, streamline transactions, and generate new markets.

The differences between blockchain and distributed ledger technology

There is much more to learn about these options, but one must keep in mind that they each have plenty to offer. Investors and customers of the bank should be aware that both blockchain and DLT provide a higher level of safety and protection for private data than the options available just a few decades ago.

Blockchain: growing adoption and the transformational effect on modern businesses

As awareness of this emergent technology increases, the time has come to consider how it could be most useful in transforming modern businesses. To reap the benefits of blockchain technology, executives must analyze the possible effects on their businesses and test and learn.

Africa: Kenyan 2022 election hints at the possibilities of blockchain in voting

For a registered voter to cast their ballot, they had to undergo a verification process through an electronic gadget fused with a structure known as the KIEMS kit. It is possible to transfer ballot paper information into an electronic system through the KYC system and distributed ledger technologies

Technologies behind the realization and workability on the Metaverse

The growth and adoption of the Metaverse in Africa is increasing despite the challenges the virtual world faces. Its compatibility and interoperability in the education, medical, gaming and entertainment, real estate, digital art and the telecommuting space enabled by the Metaverse is exciting the continent, bringing immense solutions to the way of life in Africa.

Solana launches infrastructure to help understand and adopt web3 concepts

Solana claims to be the fastest blockchain in the world. The blockchain supports multiple projects in decentralised finance (Defi), non-fungible tokens (NFTs) and web3

NFTs and blockchain crucial in concept of an African Metaverse community

While the concept of a metaverse may seem like something out of a movie, something a bit too far-fetched, it has the support of...

Decentralized finance faces numerous hurdles to widespread adoption

Decentralized exchanges (DEXs), borrowing and lending platforms, and yield farms are all protocols in the DeFi area. Users may participate in the DeFi ecosystem more efficiently since there are no centralized middlemen. However, there are also more significant dangers. These dangers include protocol codebase flaws, hacker attempts, and malicious protocols. Combined with the extreme volatility of the crypto market in general, these dangers may make it more difficult for DeFi to gain widespread acceptance among typical consumers. On the other hand, workarounds and improvements in the blockchain domain may solve these problems.