Africa Blockchain Media

Umi Blockchain Ecosystem: Instant Transfers, Smart Contracts And Profitable Staking Thus far, the number of issued cryptocurrencies and digital tokens has exceeded 7 thousand, and in this ocean of crypto Projects it is difficult for investors t

Solving the Blockchain Trilemna with Algorand The blockchain is touted as a panacea to the misaligned or competing interests of centralized institutions and those of users. This technology can potentially s

Corona virus induced lockdown: a case for decentralized money As Covid-19 infections surpassed three million towards the end of April 2020 after having started the month with just under a million. It seems the situation is

Kesholabs team exudes confidence Kenyan blockchain technology start up, Kesholabs was recently named as one of the finalists from CeloCamp blockchain accelerator program. Kesholabs is one out o

Paxful, Althash & ABU Collaborates To Provide Free Blockchain Course For 2500 Young Africans Port Louis, Mauritius ​- ​Africa Blockchain University​, ​Althash ​and ​Paxful ​have launched an initiative to provide a free Blockchain Course fo

Paxful pays homage to African users Global peer-to-peer (P2P) Bitcoin marketplace Paxful, which since grown to become one of the largest in the business, is paying homage to African users for help

FBI warns of increased crypto related criminal activity during COVID-19 induced lockdowns US law enforcement agency, the Federal Bureau of Investigation (FBI) is warning people to be brace for increased criminal activities involving the use cryptocur

Kuva rolls out the Kuvacash crypto wallet Kuva—a blockchain start-up with strong African roots—has started a phased roll out of its Kuvacash crypto wallet for Android (download here), with iOS versi

Using the blockchain to monitor Covid-19 donations Despite the hype surrounding the blockchain it has largely remained a peripheral technology. Adoption has been slow, particularly in countries where a culture o

Bitkesh founders create the uZar stablecoin Yolft Technology the company behind Bitkesh, a money transfer platform that facilitates money transfers, recently launched a stablecoin, uZar along with the sup

What drives Bitcoin price March 2020 goes down in history as one of the darkest periods for global financial and stock markets yet. The cryptocurrency market has not been spared either a

Apollo’s incursion into Zimbabwe Apollo Fintech is expected to help launch a resource backed cryptocurrency for Zimbabwe, a country plagued with fiat currency troubles.According to Apollo F

Bitcoin popularity not down to decentralization or transaction lower fees In a previous article, which discussed the role self regulation in the crypto space, we asked several experts and enthusiasts for their perception on this as we

Bitcoin and criminal activities: The facts While the narrative that Bitcoin or all cryptocurrencies are primarily used by organized criminals, money launderers or terrorists has persisted, there are also

The whitepaper and the ICO/IEO controversy: Part 1 Since the advent of cryptocurrencies and the blockchain technology, a whitepaper has had some kind of rebirth. Instead of serving as scholarly document, it has

Is self regulation the answer to growing problem crypto scams? In a previous piece that focused on the high incidents of crypto related scams, we highlighted how some countries in the Europe and Asia have approached this as

Zimbabwe moves to align fintech with conventional financial system Fintech enthusiasts and players not popping the champagne bottle just yet Zimbabwean financial regulator, the Reserve Bank of Zimbabwe (RBZ) has of late been showing signs that it has had a change of heart in its attitude towards inno

Towards a global currency Across many lands, central banks are exploring or studying the feasibility of launching central bank digital currencies (CBDCs). It has dawned on many experts i

Young Zimbabwean planning to issue cryptocurrency to compete against Bitcoin Zimbabwean crypto entrepreneurs are making their voice heard on the world stage. The country has already seen its fair share of new crypto projects aiming to be

Central banks most trusted but… A recent survey by Ipsos MORI, analysed by Official Monetary and Financial Institutions Forum (OMFIF) a forum for central banking, economic policy and public in

Soundwaves technology coming to Africa The drive to simplify payments with the use of sound technology could be heading to Africa as ToneTag— an Indian technology firm behind this innovation— pla

ZIMBOCASH determined to bring alternative money to Zimbabwe Zimbabwe just like inflation hit Venezuela, is often cited as the most ideally placed country to adopt alternatives forms of money like cryptocurrencies adoptio

Time for Zimbabwe insurance companies to adopt the blockchain Zimbabwe medical insurance players lament the high levels of fraudulent claims besetting the industry and there are fears this scourge will ultimately result in

How the blockchain nails serial debt defaulters Zimbabwe’s economic situation has seen many of those borrowing from financial institutions failing to honour obligations. The high incidences of defaulting ar

ABM Blockchain 101 That the blockchain technology underpins Bitcoin and other crypto-currencies cannot be over emphasized. The blockchain is indeed an integral part of any decentr

Project Khokha touts benefits of the blockchain to South Africa banking industry The South African Reserve Bank (SARB) recently unveiled the findings of study which reinforces the growing view that the blockchain technology improves the perf

Remittance market a prime candidate for disruption Having gained some recognition as an ardent advocate for cryptocurrency adoption, it is ironic that I recently chose to receive funds in fiat money form over cr

How cryptocurrencies can reconfigure the Zimbabwean remittance market The just ended festive season brought cheers and relief to some Zimbabwean families reeling from the effects of the country’s ongoing economic recession. Fami

Challenges of informal crypto trading in Zimbabwe Zimbabwe is one of many countries that do not recognize cryptocurrencies as a legitimate medium of exchange or as legal tender.Besides this lack of recogni

Interoperability—the buzzword for 2020 Over the past few years, crypto entrepreneurs have been engaged in a race to create new and better blockchain based payment and value transfer innovations. The

A group of development scholars is proposing what they term community inclusion currencies (CIC)—which are anchored on the blockchain technology—as a new and revolutionary way of tackling poverty that afflicts African communities that dwell in rural places.

Blockchain revolutionizing community currencies A group of development scholars is proposing what they term community inclusion currencies (CIC)—which are anchored on the blockchain technology—as a new and revolutionary way of tackling poverty that afflicts African communities that dwell in rural places.

As the year 2019 draws to a close, one thing is now apparent, the blockchain technology saw a bigger embrace by private organizations as well as public entities. Still, resistance (by government primarily) to privately issued cryptocurrencies remains while the same governments are now warming to the idea of central bank issued digital currencies.

2019 the year Blockchain went mainstream | Africa Blockchain Media As the year 2019 draws to a close, one thing is now apparent, the blockchain technology saw a bigger embrace by private organizations as well as public entities. Still, resistance (by government primarily) to privately issued cryptocurrencies remains while the same governments are now warming to the...

A UK based startup, Aurus, recently began a phased rollout of a crypto token that ultimately aims to restore a genuine gold backed currency standard, some 50 years after this was discontinued. Working with players in the gold industry, Aurus made the initial move when some 10 000 grammes of the precious metal was on boarded in early November.

A gold token that aims to restore confidence in currency | Africa Blockchain Media A UK based startup, Aurus, recently began a phased rollout of a crypto token that ultimately aims to restore a genuine gold backed currency standard, some 50 years after this was discontinued. Working with players in the gold industry, Aurus made the initial move when some 10 000 grammes of the prec...

the Foundation for Interwallet Operability (FIO), a consortium of leading wallets, exchanges, and crypto payment processors that supports a proposal that attempts to solve this long standing challenge.

FIO proposal simplifies cryptos and potentially hastens adoption | Africa Blockchain Media the Foundation for Interwallet Operability (FIO), a consortium of leading wallets, exchanges, and crypto payment processors that supports a proposal that attempts to solve this long standing challenge.

The Capital Market Act defines the term and some types of securities such as: shares, debt instruments, rights options or relating to other securities, relating to assets or property, depository receipts, backed securities.

Local Currency and Cryptocurrency in Kenya. | Africa Blockchain Media The Capital Market Act defines the term and some types of securities such as: shares, debt instruments, rights options or relating to other securities, relating to assets or property, depository receipts, backed securities.

The 2019 bitcoin price surge has reportedly seen some institutional investors joining the craze by adding this fintech to their investment portfolios. As per custom when there are concerns of a possible global recession, investors will seek cover in unconventional assets which can preserve value, things like old paintings, antiques, precious metals and now bitcoin.

Bitcoin and the Gold Comparison | Africa Blockchain Media The 2019 bitcoin price surge has reportedly seen some institutional investors joining the craze by adding this fintech to their investment portfolios. As per custom when there are concerns of a possible global recession, investors will seek cover in unconventional assets which can preserve value, th...

Soundwaves And Blockchain To Combat Digital Payments’ Fraud | Africa Blockchain Media In the aftermath of demonetisation, the Indian economy has taken giant steps in increasing the adoption of digital payments systems. The proliferation of smartphones, the increase of internet pe*******on, and a reduction in the costs of accessing the internet have created a perfect storm of variable...

Like betting, cryptocurrency craze caught up with Kenyans with some locals putting millions of shillings at stake in a potentially high reward but risky gamble. Some of them made profits while others lost a million of shillings.

History and Trading Tips in Kenya | Africa Blockchain Media Like betting, cryptocurrency craze caught up with Kenyans with some locals putting millions of shillings at stake in a potentially high reward but risky gamble. Some of them made profits while others lost a million of shillings.

A few months ago a media report suggested that the United States Internal Revenue Service (IRS) had sent out letters to cryptocurrency holders reminding them of their tax obligations. This is quite startling because prior to this revelation it had been common knowledge that decentralized cryptocurrency transactions were anonymous and untraceable.

Tracing Bitcoin Transactions | Africa Blockchain Media A few months ago a media report suggested that the United States Internal Revenue Service (IRS) had sent out letters to cryptocurrency holders reminding them of their tax obligations. This is quite startling because prior to this revelation it had been common knowledge that decentralized cryptocurre...

Association of Insurers and Reinsurers of Developing Countries (AIRDC) in association with Insurance Council of Zimbabwe (ICZ) Blockchain Event

Association of Insurers and Reinsurers of Developing Countries (AIRDC) in association with Insurance Council of Zimbabwe (ICZ) Blockchain Event | Africa Blockchain Media Association of Insurers and Reinsurers of Developing Countries (AIRDC) in association with Insurance Council of Zimbabwe (ICZ) Blockchain Event