Tag: Technology

Blockchain technology improvements in the healthcare sector

A blockchain-based system will be able to link existing medical records and act as an overarching, single view of patent records. A blockchain-based...

Crypto scammers evolving with the new year

In 2017 billions of dollars were poured into blockchain networks tanks to Initial Coin Offerings. By the time 2020 rolled in and...

New Twitter has the potential to revolutionize crypto in 2023

On April 2022, Elon Musk stated that he would buy Twitter for $44 billion, an amount that the social media handle needed help...

The decentralized vision: Ethereum advocates for Zero Knowledge technology

The decentralized vision incorporates blockchain technology to build power and eventually assign each segment of the Internet directly to the user. Zero-knowledge technology...

Akon City: A fleeting dream blown by the winds of resistance

Akon announced the project of the very first technological city, Akon City, in 2018. The initial plan for the city greatly hinged on...

Crypto partnerships forging the path to a successful web3 ecosystem

First is the applicability of blockchain technology. Its notion of decentralization completely goes against what the current digital world or Web2 stands for....

Africa’s cryptocurrency integration boosts fintech transition

The lack of change from service providers and poor services for individuals who rely on their systems has driven many to transition to financial technology to save time and money.

Key figureheads attend the Tech Connect Africa event

Tech Connect Africa hosted its first December event in Nairobi, Kenya, at Radisson Blue Hotel. The theme was to represent the African culture...

Crypto Industry gains additional enemies after FTX crash

According to Jon Tester, a US senator, since crypto s backed by nothing, it provides nothing; hence there is generally. 'no reason '...

The Metaverse and AI: A bread and the butter relationship

The Metaverse essentially allows individuals to choose a virtually alternate livelihood from their own. They can create "characters" or "avatars" that interact with...

The Metaverse: Security threats within the Virtual Reality world

The Metaverse allows users to create a virtual avatar representing an individual within Virtual Reality world Unfortunately, these components can also serve cyber...

Trust Wallet: A crypto wallet that guarantees security and flexibility

Trust Wallet later developed its native token, the Trust Wallet Token, available on the BEP-2 (Binance Chain) and BEP-20(Binance Smart Chain) standards TWT(Trust...

Adverse effects and challenges the Metaverse brings to Africa

Africa has also made significant strides within the NFT marketplace and the Metaverse MTN, a leading telecommunication company in Africa, has acquired...

TikTok, Google on the forefront to boost web 3 adoption in Africa

African  internet penetration rate is 43.1% Google Equiano undersea cable brings many technical innovations which will ultimately result in a tripling of internet...

What is Nedbank doing in the African metaverse

Nedbank has a footprint across Africa, operating in 6 countries, including eSwatini, Namibia, Lesotho and Zimbabwe Web3africa.news holds a conversation with Stelios...

EasyFi network: Polygon Project that ushers third-generation DeFi

EasyFi is a Layer 2 protocol. Its initial version, EasyFi version 1, is stated as a fork of Compound finance. EasyFi launched its...