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Cryptocurrency: digital assets no longer viewed as a hedge against inflation

One of cryptocurrency’s key charms is its invulnerability to inflation, which has been advertised as a hedge against inflation in central bank currencies.

Stocks and crypto: Which is a better investment?

Cryptocurrencies and stocks fall under different asset classes despite them having similar characteristics. On the one hand, cryptos are digital assets that can be distributed securely from one person to another. They store value and can also serve as a medium of exchange. 

Blockchain: A pathway towards sustainable development in Africa

Access to inexpensive financial services enabled by blockchain technology has become a driving force for economic growth and sustainability.

Over 4 million Kenyans lose their monies to the ongoing crypto crash

The four million Kenyans who have been affected by the crash are mainly young and small and medium traders. The youth have, in recent years, stormed into cryptocurrencies hoping to get quick returns, despite warnings from the Central Bank of Kenya about the emerging digital markets.

Africa: Redefining financial inclusion through decentralized finance (DeFi)

Through varied financial services, open transactions, and accessibility via a permissionless network, DeFi appears to reverse inequality and effectively increase financial inclusion across the board.

Humanity Blockchain Index: Ranking cryptos in Africa with their effect on humanity

We are purely basing our research in Africa. To do that, we will conduct a survey with 10,000 Africans. They will tell us what they want from blockchain, their expectations, what utilities and tools they want, what they want to do, what they don't want to do, and what they are concerned about concerning blockchain

Lack of education hampering crypto adoption and acceptance in Africa

The absence of cryptocurrency and blockchain knowledge in Africa is causing the continent to fall behind schedule.

Blockchain critical value in Africa’s free trade area implementation

The historic AfCFTA agreement has created the world's largest free trade zone by the number of nations that have signed on. Across 55 nations, it links 1.3 billion people and generates US $3.4 trillion in the total gross domestic product (GDP).

African blockchain startups crucial for the budding digital economy

Throughout 2021, a total of $127 million was raised, accounting for 0.5 per cent of total worldwide blockchain fundraising. The majority of the venture money (96 per cent) went to South Africa, Nigeria, Seychelles, and Kenya. Fintech companies received $67 million (53 percent) of total blockchain financing, while exchanges received $34 million (26 per cent).

The rise of a new dawn: Blockchain technology adoption in Africa

The adoption of blockchain technology in Africa will result in the movement of commerce away from paper-based transaction systems, laden with countless problems including corruption, time-consuming verification, and higher costs for traders, to safer, efficient, automated, digital systems of engagement.

Cryptocurrency offers hope for Africa’s economic resurgence

The potential of blockchain to produce and transfer value in society through cryptocurrencies will result in a generational transition in the Internet's growth, from an Internet of Information to a new generation an Internet of Value.

Raila and Ruto: In whose hands is crypto and blockchain safe?

Among the key agendas that the next government has no option but to offer a solution to is the talk around economic recovery. Kenyans have experienced challenging economic situations as food prices continue to stir

South Africa sets the tone for proper crypto regulation in Africa

According to a working group study, daily crypto asset trading prices in South Africa "exceeded $145 million for the first time" in January 2021. The new restrictions are intended to increase transparency and reduce cryptocurrency usage for illegal purposes.

Kenya: KenGen readies to offer geothermal energy to bitcoin miners

Kenya Electricity Generating Company PLC, KenGen, is ready to offer its surplus geothermal power to bitcoin mining companies to help them meet their high energy demands.

Africa: The urgent need for regulations to protect crypto investors from fraud and scams

In 2021, crypto scams in Africa were 12 times more prevalent than in 2020, with total amounts lost increasing by over 1000 per cent.

Crypto adoption and usage in Africa soars despite challenges

In terms of finance, cryptocurrency has helped Africans catch up with other countries on a continent with emerging states. Crypto is a competitive marketplace for everybody, and access is not restricted to a select few.