Tag: Blockchain

Solana’s Saga crypto phone to launch on May 8

The Solana Saga mobile will be available for sale starting May 8, 2023 The Solana mobile stack has two main components: the Seed...

Countries leading in adoption of Blockchain technology

The use of cryptocurrency and the growth of AI has boosted the adoption of Blockchain in several economies Blockchain adoption has been rapidly...

Web3 antivirus extensions to protect against malicious contracts

Web3 refers to the movement of data from centralized servers to community-driven decentralized infrastructures In the most recent release, the protection platform provides...

Bitrue crypto exchange platform loses US$23 million to crypto hack

In July 2022, the Singapore-based crypto platform announced a collaboration with Cardano to help decentralize $ADA. The organization tallied a loss of...

Blockchain and Artificial Intelligence strengthening data security

Cyber security has become a menace with the rapid growth of technology and Artificial Intelligence based startups The global blockchain AI market will...

Use cases of blockchain technology in cyber security

During the late 2000s, it became clear that cyber security became a concern for citizens rather than organizations. Implementing decentralized DNSes minimizes the...

Africa’s potential for becoming a crypto mining hub

An efficient crypto mining industry can generate more employment opportunities in Africa as demand for miners, blockchain experts, and technology specialists increases. This incentivizes countries to improve their energy and technological infrastructure to accommodate crypto operations. Such improvements can significantly benefit other industries and economic well-being. African countries must seize the opportunity to become a crypto mining hub. This can help develop the digital economy, the financial standing of the citizens, and the energy production infrastructure. Accordingly, African governments can invest in cryptocurrencies and get alternative funding to develop renewable and alternative energy sources.

Blockchain-based solutions for Africa’s recent antigovernmental protests

According to the African Governance Report(2019), Africa's poor governmental system is the primary downfall of its economic growth. Implementing a blockchain-based solution can...

Top reads to learn more about Blockchain technology

Here are five books (in no particular order) that can help you learn more about the blockchain technology  Understanding how blockchain technology works...

Examining the progress of the African Metaverse

The African Metaverse has the potential to foster cross-cultural understanding and collaboration. By bringing people from different parts of Africa together in a shared virtual space, the Metaverse can help to break down barriers and build bridges between different communities and cultures. Essentially, the African Metaverse is a new frontier for digital innovation, potentially transforming many aspects of society. The African Metaverse can shape the continent’s future by democratizing access to digital content and services, creating new economic opportunities, and fostering cross-cultural understanding.

Hydroelectricity top Bitcoin mining energy source

The major energy source used by the Bitcoin network is hydro, which accounts for 23% of all Bitcoin mining 55.51% of the Bitcoin...

Virtual tourism: The power the Metaverse has in Africa’s tourism industry

The United Nations Conference on Trade and Development stated that Africa had lost at least $170 billion in tourism revenue as of 2021. ...

How users can trade Tether(USDT) directly on Telegram

Users can now send and receive USDT within chats on Telegram using the @wallet bot This follows the addition of bitcoin (BTC) and...

Revolutionizing social media: Blockchain technology redefines the media Industry

In 2021, the number of active social media users went over 4.26 billion  Sapien, a decentralized social network, has more than 24000 news...

The increasingly significant role of blockchain technology in Africa

Africa is a strong contender for developing technologies such as blockchain and cryptocurrency owing to the continent's growing mobile tech adoption rates. Considering the turbulent global financial markets, expensive remittance costs, and restricted banking access, blockchain technology in Africa offers alternatives to tackle their day-to-day issues.

How blockchain forensics, asset tracking work to investigate fraud in the web3 ecosystem

Blockchain forensics has been a security/ protection measure for traders against fraud and illegal transactions Asset tracking also goes in hand with cautioning...