Mastercard is partnering with MoonPay to integrate cryptocurrency and explore the potential of Web3 tools in the global payment landscape.
The partnership aims...
Crypto lending and borrowing platforms have gained substantial attention in the credit finance market
Crypto lending platforms play a pivotal role in the...
Some projects have persevered and strengthened their positions, diligently working towards creating cutting-edge products during these turbulent times.
A common thread...
Zero-knowledge proofs represent a cryptographic technique where no information gets revealed during a transaction except for the interchange of some value known to both the prover and verifier, the two ends of the process.
A zero-knowledge proof is a way of proving whether a particular statement is true without revealing it. Here, the ‘prover’ is the party trying to establish a claim, while the ‘verifier’ is responsible for validating the claim.
In simpler terms, zero-knowledge proofs (ZKP) enable one party to prove to another party that they know something without sharing the information with another party to prove their knowledge.
Refi focuses on utilizing blockchain technology to verify an organization's green credentials and coordinate investments to ensure funding goes where it needs.
John...
Part of the problem surrounding cryptocurrency adoption in Africa, besides the lack of reliable and affordable internet, particularly beyond urban areas, is the...
The growth in the crypto markets has attracted players from other industries, including insurance. Cryptocurrency companies need insurance to shield against the risk of digital assets loss through theft, fraud or scams. Crypto insurance is particularly crucial for exchanges and other entities holding significant amounts of assets on behalf of their customers. This creates an opportunity for insurers so long as they can mitigate risks.
Unlike most cryptocurrencies, such as Bitcoin or Ethereum, known for their price volatility, stablecoins aim to minimize fluctuations in value and provide stability...
In summary, maturity and stability await DeFi in 2023, having seen a solid bullish phase and a gruelling bearish slump in 2022. Although any new technology has its ups and downs, the time is ripe for stable growth based on wisdom gained through the experiences of 2022.
Decentralized Finance is the core concept behind cryptocurrency—the ability to remove a centrally located authority when dealing with finances
Crypto traders used...
Nedbank has a footprint across Africa, operating in 6 countries, including eSwatini, Namibia, Lesotho and Zimbabwe
Web3africa.news holds a conversation with Stelios...
MPC is a kind of super authentication in that a user will authenticate to a network using several factors (e.g., biometrics, identity, password, etc.) without any nodes in the network understanding what they are verifying since authentication computation is part of MPC.
This authentication will have identity management, healthcare, finance, government services, defence, and law enforcement applications. MPC facilitates system interoperability while simultaneously protecting people’s rights and providing them with control and visibility over their data and how it is utilised. MPC stands for the future.
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.