David Sacks' appointment as the AI and Crypto Czar underscores the strategic importance of AI and cryptocurrency in national policy.
Clear regulatory frameworks,...
DAO is an upcoming legal structure that essentially seeks to incorporate the decentralized nature of blockchain into business
The decentralized nature of...
Blockchain Africa has thrived because Africa is still a developing continent, and only a few countries can access previous versions of the technology....
Blockchain technology functions on a similar principle of decentralization since It's a network of securely, transparent, and verifiable information stored on thousands of...
Cryptocurrencies have been very rewarding to some investors. However, a large number of people and institutions have lost their investment in the process. Therefore, African crypto enthusiasts and investors must understand the crypto market and trading dynamics.
The initiative by EkoLance and TechonomyAfrica directly contributes to five of the United Nations’ SDGs. These include gender equality, education, entrepreneurship, innovation, and social inclusion. Although emerging economies have historically maximised such innovative technology, the initiative will change that pattern for this wave of tech, according to Linda.
FTX Exchange is a centralized cryptocurrency that deals with derivatives and other leverage products
On FTX, users can interact with varying stocks of...
Since transactions are worldwide, crypto must have international coordination and holistic regulation. This way, crypto will live up to its potential on the African continent and beyond. Although significant progress exists in this area, the current fragmented approach to crypto regulation throughout the globe is not optimal.
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...
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
How many African countries are looking at central bank digital currencies, and how far are they?
Only Nigeria has an active CBDC, South Africa and Ghana have a CBDC in the pilot phase while Mauritius and the Central African Republic have CBDCs coming soon
Individual African countries cannot devise a worldwide plan to foresee the growth of private transnational digital currencies amidst crypto regulation needs because of their small economies.
In contrast to the traditional financial system, DeFi gives individuals greater control over their assets and the ability to choose how to invest them without relying on an intermediary.
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
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).
