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Blockchain Life 2019  •  

# Africa News

March 7, 2019 by at Altcoins, Business, Crime, Finance, News
The cryptocurrency space has unfortunately been plagued by exit scams and fraud ICOs, and it appears as though the latest scam has successfully taken hundreds of millions of shillings from Kenyan investors. While cryptocurrency investors are often encouraged by the fact that so many corporations and executives are excited about...
The South Africa-based cryptocurrency exchange Coindirect has secured $1.13 million in funding, reported FinSMEs on February 21, 2019. This first funding round was led by Concentric as well as participation from crypto wallet provider, and MakerDAO. Coindirect to Expand Business in Africa and Europe Crypto adoption seems to be steadily making...
The African Blockchain Alliance, an organization of blockchain experts, has collaborated with ConsenSys Academy to launch the "Blockchain Developer Program" in Africa to improve the skills of developers in the area of the distributed ledger technology (DLT), according to IT NEWS Africa on February 6, 2019. Transforming Africa through Blockchain...
HashCash Consultants, a California-based distributed ledger technology (DLT) project focused on creating blockchain-based solutions that enable enterprises to move assets and settle payments seamlessly across borders, is now live in South Africa, according to a press release from January 7, 2018. HashCash Takes DLT to South Africa In a bid...
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...
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