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February 19-20, 2019

# Kenya News

September 3, 2018 by at Blockchain, Business, Finance, News, Tech
On  September 6, 2018, Kenya’s Institute of Economic Affairs (IEA) is hosting a public forum to examine the current regulatory framework for cryptocurrencies operating in Kenya. At the moment the Central Bank of Kenya does not approve of digital currencies in spite of great regional interest. Applications in the Public and...
Several banks have adopted distributed ledger technology (DLT) across the world due to its ability to help them minimize costs and maximize profit. According to a Bloomberg report on August 22, 2018, Kenyan banks are now seeking approval from the nation’s regulators to adopt the innovation, in a bid to...
In a bid to help combat poverty, Bancor, the “decentralized liquidity network,” is launching a blockchain network to support community currencies in Kenya. Bancor’s Cryptocurrency Push This is to be achieved through a partnership with Grassroots Economics, a non-profit organization that develops community currency programs in Africa. Under the initiative,...
June 16, 2018 by at Blockchain, Finance, News, Tech
Blockchain technology can be more useful to people in developing nations than one might think at first. Owners of micro, small and medium enterprises (MSMEs) in Kenya show how blockchain is helping the country in becoming more financially enabled. Using Blockchain Technology to Measure Creditworthiness One of these small business...
April 3, 2017 by at Bitcoin, Commentary, News
Following bitcoin's birth in 2009 as a decentralized peer-to-peer payment network with fast transaction speeds and low transaction fees, one of its most predicted future application uses was for international remittance purposes. Many experts envisioned that bitcoin would be a driving force in reducing the costs of international money transfers...
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