Malaysia’s Ministry of Education (MoE) has launched a platform to utilize blockchain technology in tackling the incidence of fake degree certificates in its education system. In its official announcement, the Ministry stated it was collaborating with six (6) Malaysian universities to launch a blockchain-based platform for the issuance and verification of university degrees. The blockchain-based degree verification platform called E-Scroll, was necessitated by the current proliferation of fake degrees and ease of obtaining falsified academic…
Stablecoin is the new set of digital currency gaining traction in the cryptocurrency ecosystem. To tackle the wild volatility of the cryptocurrency market and achieving mainstream adoption, the rise of stablecoin has exploded. The term stable coin may seem new to many investors, crypto traders, and blockchain enthusiast, this guide, however, attempt to introduce you to the concept of stablecoin and how they work What Are Stablecoin Stablecoins as the name suggests, are cryptocurrencies that attempt to…
With the United States midterm elections making headlines around the globe, the crypto community has had reason to join in the celebratory frenzy as three new crypto-friendly governors have emerged; with two other past governors also maintaining their seat. According to data made available by the Digital Asset Trade Association (DATA); a blockchain advocacy group which had sent surveys to most gubernatorial candidates in a bid to assess their blockchain-friendliness, results prove that three new…
Chris Dixon, an American investor, internet entrepreneur and general partner at Andressen Horowitz Venture Capital Ltd; is a renowned authority and recipient of the 2010 Bloomberg L.P. award for top angel investor in technology among other achievements. Countless times over, Chris Dixon has expressed his support and optimism for cryptocurrency and Blockchain technology; with special focus on Decentralization, New technology and his clearly stated Eras of currency. According to him, there are Three (3) Eras…
Bithub Africa, a Kenya-based blockchain and cryptocurrency startup is studying the use of off-grid solar power to mine Bitcoin and Ethereum. Speaking on its proposed operations, John Karanja CEO and founder of Bithub Africa expressed his optimism regarding their mining operations which he hopes will spread the technology to other parts of the continent. In his words, Mr Karanja quipped: We are using solar energy in a similar manner to traditional power sources, to test…
Bitcoin Birthday- Today marks Ten years (Halloween 2008) when Satoshi Nakamoto published the famous white paper that gave birth to Bitcoin. On this day in 2008, the future of the financial system based on digital currency was drafted. Satoshi proposed a decentralized system and titled his white paper; “Bitcoin: A Peer-to-Peer Electronic Cash System”. In his paper, Satoshi remarked: I propose a purely Peer-to-Peer version of the electronic cash system which would allow online payments to…
Ethereum Hotel: There is a newly launched hotel in China named the ‘Ethereum Hotel’. The hotel is located at the National Scenic Area of China’s Sichuan province (Western China) and is the first hotel in the country to publicly accept cryptocurrency payments. As an incentive to crypto users and customers, the hotel offers discounts on payments for services made with cryptocurrency (Ethereum). On their first visit, customers are welcomed by the sight of a big…
China- The Chinese government and the People’s Bank of China has over the course of the past months maintained stiff regulations on Bitcoin and cryptocurrency related products; especially ICO’s. However in a much predicted turn of events as characteristic of the Asian big wig; the country’s high court (The Court of International Arbitration) has ruled in favour of Bitcoin and cryptocurrencies. This verdict by the Chinese court, was necessitated by a case brought to its attention,…
Visa, popular payment processor and credit card service company has through its CEO expressed its openness to support cryptocurrencies in due time. The CEO who made his stance known on CNBC’s Mad Money show; has his company look to follow the lead of fellow financial service provider MasterCard, but only when the crypto market size grows. According to the company’s CEO Al Kelly, the Visa brand will implement cypto-friendly systems in the future if the global…
Sony, the Japanese technology giant has announced its creation of a multi-application contactless cryptocurrency hardware wallet. According to developers at Sony Computer Science Labs (SCSL), the device will utilize IC smart card technology to communicate with Bitcoin (BTC) or other cryptocurrency networks. A basic plus to the Sony wallet is its ‘contactless’ feature. By this feature, Sony discarded the common crypto hardware USB to host device feature and launched a totally independent hardware wallet which…