Tag: Web3

Nigeria: The future of Web3, crypto ahead of 2023 elections

Nigeria became the first African country to launch a CBDC In 2021, Nigeria was ranked the third country globally with the highest bitcoin...

Impact of stablecoins and CBDCs to Africa’s digital economy

Nigeria, commonly known for its rapid growth in Africa's digital economy, was the first African country to roll out a CBDC, the eNaira....

Simple programming languages to develop smart contracts

There are two kinds of programming languages for smart contracts; dedicated and general purpose. Solidity and Rholang languages are dedicated blockchain code languages...

Metaverse in Healthcare: Redefining Africa’s medical sector

According to Accenture's digital health technology Vision 2022, nearly 81% of healthcare executives were on board with VR in the medical industry.  Through...

Blockchain in education; transforming Africa’s education system

In Africa, Only 76% of young people attend primary school, while less than 10% attend university. Web3 technology can curb various constraints...

Web3Africa.news partners with Onramper to launch fiat-to-crypto service on its platform

Web3Africa.news is the first pan-African Social Network and Web3 integrated platform with a primary objective of providing news, media and education, dApps, events,...

Switzerland growth in Web3, an inspiration for Africa

Switzerland is among the few nations to embrace cryptocurrency before rejecting it The country is even one of the first to adopt a...

Recovery is in sight for the crypto industry in 2023

Of course, one of the exciting (if not frustrating) things about crypto remains its unpredictable nature. The foregoing provides a general overview of the crypto industry in 2023 (based on current trends). Nevertheless, it is almost certain that 2023 will also throw up more than a few surprises.

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...

Web3 2022 review; How NFT, Crypto and the Metaverse intertwine

Cryptocurrency is by far the highlight of Web3 in 2022 Metaverse provides a virtual environment akin to the real world, while cryptocurrency...

Blockchain technology and its frontier in 2022

Blockchain technology has enabled permissionless networks that anyone can use, creating the perfect environment to build economic incentives Blockchain developers fused blockchain 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...

Web3, blockchain, crypto & NFT primary terms explained

This article defines some of the most popular web3 terms Web3 borrows many of the words from the world of traditional finance and...

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...

Africa: the importance of understanding the crypto market and investment dynamics

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 growth and adoption of blockchain in Africa might be faster than earlier contemplated

Cryptocurrency works the same as mobile money. Therefore, it is simpler for Africans to comprehend crypto compared to those in the developed nations, who have more financial inclusion and better access to banking institutions. Africans like crypto and blockchain because of what they signify and have embraced them more rapidly than anticipated.