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Tag: Africa

Blockchain Association of Uganda Joined Africa Blockchain Alliance

Category: Press Releases

Blockchain Association of Uganda Joined Africa Blockchain Alliance

Kampala, Uganda, May 21 , 2018 — Blockchain technology, also known as distributed ledger technology allows a network of users to keep a record of transactions. When compared to the traditional business models, blockchain for business  saves time, removes cost, reduces risk and increases trust. By using blockchain technology, businesses can benefit from a more efficient transfer of goods and…

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IBM and Twiga Foods Use Blockchain Technology to Offer Loans to Retailers in Kenya

Category: Blockchain, Business, News, Tech

IBM and Twiga Foods Use Blockchain Technology to Offer Loans to Retailers in Kenya

Tech giant IBM has been at the forefront of the blockchain revolution for ages past, developing and deploying decentralized solutions for large corporations and retail shops alike. Now, Big Blue has taken the gospel of distributed ledger technology to Africa where its enabling retail fruit sellers access to microloans thanks to its latest solution. Fruits of the Blockchain IBM Research…

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BitMari Successfully Performs First Lightning Network Transaction

Category: Bitcoin, Finance, News

BitMari Successfully Performs First Lightning Network Transaction

A Zimbabwean startup, BitMari, has successfully performed a bitcoin Lightning Network test transaction with Tanjalo, a platform for bitcoin trading in Nigeria. This achievement marks a milestone for payments in Africa as users of this platform should expect lightning fast and extremely low fees on bitcoin transactions. Cross-border Payments Easier With Lightning Network Zimbabwe is a country that over the…

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Binance to Support Blockchain-powered Economic Transformation in Uganda

Category: Altcoins, Blockchain, Business, Finance, News

Binance to Support Blockchain-powered Economic Transformation in Uganda

Changpeng Zhao, the esteemed CEO of Binance, has announced a partnership with Crypto Savannah that will focus on implementing blockchain solutions in Uganda. The Binance CEO tweeted the news from the country, where he has met with the local Blockchain Association to discuss collaboration to promoting economic development. The partnership also features other figures spearheading development in Africa. Aggie Konde,…

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BitPesa CEO: We Are Demonstrating Use Cases for Bitcoin Everyday

Category: Bitcoin, Blockchain, Business, Commentary, Finance, News, Tech

BitPesa CEO: We Are Demonstrating Use Cases for Bitcoin Everyday

Bitcoin and indeed the entire blockchain technology industry is seen as being a male-dominated field. In fact, the general narrative that describes the demographic distribution of the industry is one in which it is populated by Caucasian males between the ages of 18 to 40. BitPesa Since 2013 This gender divide isn’t strange when one considers that such similar demographic…

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Paxful Reports Growing Bitcoin Market in Africa

Category: Bitcoin, Business, Commentary, News

Paxful Reports Growing Bitcoin Market in Africa

Southeast Asia and Sub-Saharan Africa account for a large proportion of the estimated two billion unbanked people in the world today. As a result, there have been a number of fintech innovations that have attempted to offer financial services to these class of people to bring them into the mainstream global commerce network. With the rise of crypto-based fintech solutions, a…

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Uganda May Turn out to Be the Pinnacle of Cryptocurrency Trading and Evangelism

Category: Altcoins, Bitcoin, Commentary, Finance, News

Uganda May Turn out to Be the Pinnacle of Cryptocurrency Trading and Evangelism

The African continent is quickly warming up to investing in the cryptocurrency industry. But the reasons are perhaps a bit different than those in places like Silicon Valley: The problem of unemployment is so acute, in fact, that educated youths picked up cryptocurrency trading to make a living. A Change of Heart, a Change of Currency “I check my Bitcoin…

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Meet the Man Who Advocates Bitcoin for African Economies

Category: Bitcoin, Interviews, News, Tech

Meet the Man Who Advocates Bitcoin for African Economies

In December 2017, Papa-Wassa Chiefy Nduom wrote a post on why African central banks should get into bitcoin; mainly, to protect their reserves and mitigate the weakening dollar. He also outlined how the digital asset can be used to tackle the severe infrastructure issue plaguing the continent. BTCManager reached out to Nduom to find out more.    Papa-Wassa Chiefy Nduom…

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African Startups to Leverage Blockchain Technology in Tackling Land Fraud

Category: Blockchain, News, Tech

African Startups to Leverage Blockchain Technology in Tackling Land Fraud

Many countries in Sub-Saharan Africa do not have functioning land registry systems. As a result, double-ownership and sundry forms of land dispute are a common occurrence in these countries. The inadequate land use framework also provides an avenue for collusion between powerful individuals/corporations and government agencies to acquire land illegally. According to the Food and Agriculture Organization (FAO) of the…

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Africa’s Oldest And Most Popular Cryptocurrency Exchange Eyes 1 Billion Users

Category: Altcoins, Bitcoin, Business, News

Africa’s Oldest And Most Popular Cryptocurrency Exchange Eyes 1 Billion Users

After an unprecedented wild run through the second half of 2017, bitcoin has now found itself at the receiving end of a massive slowdown in the global cryptocurrency market. In fact, its overall performance so far in 2018 has been utterly disappointing. So, naturally one would expect cryptocurrency companies everywhere to tread cautiously to navigate the slowdown without taking any…

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