Blockchain – BTC Africa

In Adoption

Malaysia’s Ministry of Education Launches Degree Verification System; Using NEM Blockchain

November 11, 2018 2 Mins Read

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…

In Adoption

What are Stablecoin: The Complete Guide For Beginners

November 10, 2018 4 Mins Read

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…

In Adoption

Africa Fintech Summit Lagos 2018 Shows Nigeria is Open to More Technological Innovation

November 9, 2018 5 Mins Read

The Africa fintech summit Lagos – organised by Dedalus Global was held on the 8th of November 2018. With hundreds of fintech enthusiasts from across the continent, the conference brought together fintech startups, investors, innovators disruptors, tech enthusiast, high-level attendees, from CEOs, influencers, regulators, entrepreneurs to discuss pressing topics in the fintech space and to share opinions on the future of Africa in this tech-driven age. Africa Fintech Summit (AFTS) included a good mix…

In Adoption

U.S. Midterm Elections: Crypto Friendly Governors Emerge

November 8, 2018 3 Mins Read

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…

In Adoption

The Three Eras of Currency : an Analysis of Chris Dixon’s Assertion

November 6, 2018 5 Mins Read

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…

In Adoption

Tokenising Renewable Energy – Meet Africa’s Blockchain Energy Startup; OneWattSolar

November 6, 2018 5 Mins Read

Buying renewable energy with cryptocurrency is the goal an African startup based in Nigeria hopes to achieve. OneWattSolar is a startup based in sub-Saharan Africa, which plans to tokenised renewable energy by allowing users to pay for energy using blockchain based tokens. According to the blockchain energy startup, customers will not have to pay for the solar panel system, as it is free, but comes with an internet enable router that will collect data on…

In Adoption

Africa Digital Assets Framework (ADAF) Launches, Aims To Promote Pan-African Trade Through Unified Blockchain Standards

November 5, 2018 2 Mins Read

A new Pan-African organisation aimed at promoting cryptocurrency trade within the continent has been officially launched. The Africa Digital Assets Framework (ADAF) was first launched in July 2018 during Nelson Mandela International day in the United Nations. The Pan-African organization has officially released its research and development paper which outlines the prospects that distributed ledger technologies and digital assets present to Africa. “Digital assets create a secure way for people to trade, peer-to-peer, across borders,…

In Adoption

Interswitch Partners Microsoft to Launch Blockchain Service In Nigeria

November 5, 2018 3 Mins Read

Interswitch group, a pan-African payment processing and lead financial services company had on Friday 2nd November held an event in Lagos, Nigeria to unveil the first blockchain-enabled supply chain financing application. The blockchain (supply chain module) project has Microsoft as its major partner and utilizes the Microsoft Azure Cloud Blockhain service. The event had in attendance, other supporting companies and Nigerian banks; including the Dangote Group, United Bank of Africa (UBA), Zenith Bank PLC and…

In Adoption

Binance Uganda Hits Record high as 40,000 Traders Sign up in a Week

November 4, 2018 3 Mins Read

Binance Uganda, the recently launched subsidiary of popular cryptocurrency exchange – Binance, has hit a milestone just few weeks after the October 24 opening of its first fiat-to-crypto subsidiary in Uganda, East Africa. Despite a general decrease in global cryptocurrency entrants this year due to waning coin prices, the nation of over 43 million seems to have nationals buzzing in the cryptocurrency sphere. This revelation is in contrast to fiat statistics which show that three…

In Altcoin

Bithub Africa Researching Use of Solar Power for Cryptocurrency Mining

November 2, 2018 3 Mins Read

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…