Tag: African Blockchain

Terra Money freezes website in fight against phishing scams

Terra, a Layer-1 blockchain platform, temporarily closed its website due to ongoing phishing scams aiming to protect users Phishing attacks compromised Terra's site,...

Enhancing cryptocurrency knowledge in Africa

Part of the problem surrounding cryptocurrency adoption in Africa, besides the lack of reliable and affordable internet, particularly beyond urban areas, is the...

How the metaverse and NFTs could boost Africa’s economic growth

The metaverse evolution supports outstanding creativity and opens new prospects for businesses, brands, and the community. In Africa, vibrant tech start-up environments are already propelling job creation and economic progress. In the future, they will contribute to shaping and inventing technologies that will revolutionise how people live and work and influence the common digital future.

Blockchain and crypto revolutionizing Africa’s digital financial landscape

Blockchain technology can solve Africa’s financial needs—precisely the disruption needed to level the playing field. This parallel financial structure can serve a tangible social good, offering an onramp to Africa’s financial landscape for people who would otherwise be excluded. The local currencies’ depreciation in Africa has made them no longer a safe store of value. While remittances comprise a hefty portion of GDP, international sanctions complicate linkages to the global economy. Thus, blockchain and crypto can offer a lifeline for the survival of Africa’s financial landscape.

Cardano’s 2023 approach into Africa’s crypto market

Cardano announced its partnership with Ethiopia in 2022, marking its first significant descent towards Africa's crypto ecosystem Cardano has failed to market their...

Africa’s crypto market: The journey through 2022

At the beginning of the year, the South African Reserve Bank set a project to establish crypto regulations in motion, aimed at governing...

Tech Connect Africa: The Discussion surrounding big and local tech

The fact is that big tech and local tech have different pockets and hence can accommodate different roles Through the establishment and accomplishment...

LBank Exchange sets its eyes on Africa’s crypto goldmine

LBank announced the establishment of their new crypto investment fund that targets web3 development in Africa LBank has pushed several educational efforts in...

The Middle East North Africa region lands deal with Abu Dhabi Global Market on blockchain venture

According to Chainanalysis, the Middle East North Africa (MENA) region is among the fastest-growing crypto market within the crypto ecosystem There is the...

Web3 Technology attracts a multitude of cyber hackers

Upon its debut, Web3 technology applied various blockchain security measures that most cyber hackers feared. Technology is a funny thing; there's never...

The steps you need to take to become a blockchain developer

Blockchain has a broad scope of applications in the African cryptocurrency ecosystem Being a blockchain developer involves work, and an academic background in...

African blockchain innovators: The minds behind Africa’s top DeFi projects

Hilda Moraa started Weza Tele, a mobile solution firm in distribution, supply and financial services Chipper Cash's innovation came to fruition when the...

The state of blockchain and cryptocurrency in Zambia

In February 2018, the Zambia Securities and Exchange Commission issued a notice banning the use and association of cryptocurrencies and other digital products ...

How Africa can utilize Artificial Intelligence in cryptocurrency

The standard variable in the blockchain AI equation is its attempt to deliver more accurate and faster results than any prior system The...

Blockchain Africa: The dawn of a new tech age

Blockchain Africa has thrived because Africa is still a developing continent, and only a few countries can access previous versions of the technology....

Does Africa really depend on Web3 or does Web3 owe Africa a great deal

Blockchain technology functions on a similar principle of decentralization since It's a network of securely, transparent, and verifiable information stored on thousands of...