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NEXT BLOCK Conference “From Chaos To Clarity: 2019 Trends” • December 12, 2018

Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019…

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Tag: Africa

Blockchain Technology Can Solve Africa’s Energy Problems

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Blockchain Technology Can Solve Africa’s Energy Problems

Despite the abundance of many forms of natural energy in Africa, including solar, wind and hydro, several parts of the vast continent still have no access to 24/7 interrupted electricity. According to a World Economic Forum report on November 29, 2018, blockchain technology can fix the energy issues of Africa if well utilized. Africa’s Epileptic Power Supply While most nations in…

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Crypto Marketplace Paxful Demand for Cryptocurrency Reveals Growing on the African Continent

Category: Adoption, Bitcoin, Blockchain, Exchange, News

Crypto Marketplace Paxful Demand for Cryptocurrency Reveals Growing on the African Continent

Cryptocurrency trading has widely been spread across the world, with significant concentrations collecting in Asia during recent years. On October 31, 2018, the peer-to-peer Bitcoin marketplace Paxful claims that the number of transactions from African consumers has soared significantly in recent times, mostly fueled by African millennials’ interest in the new space. Millennials Account for Rise in Demand of Bitcoin…

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BitPesa Brings Bitcoin Liquidity to African Markets

Category: Adoption, Bitcoin, Business, Finance, News

BitPesa Brings Bitcoin Liquidity to African Markets

The bitcoin blockchain is now being used to send money to almost a million customers through the Japanese transfer bank SBI Remit and BitPesa. BitPesa’s African Push The protocol was generated to become a quicker, more trustworthy way to finance Africa’s often undercapitalized markets. The treasury management services are being dealt with by BitPesa, which is a venture-backed firm that…

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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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