The complexity of Africa's supply chain management systems has inevitably fueled one of Africa's greatest plagues; corruption.
South African Pape Company Sappi partnered...
Chains is a MetaFi platform aimed at the next generation of web3 users—a single account connected to multiple products that are connected to multiple blockchains. Our goal is to cater to users who want to utilise cryptocurrency and NFT products without learning the underlying technology.
African policymakers have remained apprehensive that people could use cryptocurrencies to illegally transfer funds from the region and sidestep local rules to avert capital outflows. Widespread crypto usage could also create risks for financial and macroeconomic stability by undermining the effectiveness of the monetary policy.
The risks become even greater if countries adopt crypto as legal tender. Many people feel that if governments accept and hold crypto assets as means of payment, it could put public finances at risk. Until the time comes that African governments evolve a suitable regulatory response to the rise of web3 and blockchains, crypto self-regulation will help to shield customers against fraudulent elements within the ecosystem.
The feature, called "token-enabled playlists," allows non-fungible token (NFT) holders to connect their blockchain wallets and listen to curated music playlists
It is...
Zambia has taken its first step towards joining the cryptocurrency-friendly countries in Africa
The project which involves the Securities Exchange Commission and the...
In 1991, Stuart Haber and W Scott Stornetta created the first iteration of blockchain technology, a cryptographically secured chain of blocks.
One of...
Hong-Kong based Red Date technology proposed a system called UDPN that will make stablecoins and Central Bank Digital Currency (CBDC) interoperable
To allow...
One of the most important components of a decentralized system is the consensus mechanism that the blockchain network uses to validate transactions
We...
The UK government opened a public consultation on cryptocurrency regulation
The Bank of England simultaneously released a consultation paper on "Britcoin"
There could...
Approximately 22 million people comprise the total trading volume in Nigeria.
Megasley created a Bitcoin Lightning node and successfully operated it...
A consortium blockchain is a type of blockchain technology that efficiently balances security and availability as a decentralized network
Public blockchain networks were...