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…
Elections have always remained a controversial subject among a number of country’s. With a handful of countries experiencing huge electoral violence and others plagued with corruption, Kenya is looking to blockchain technology to revolutionize the voting process. The Independent Electoral and Boundaries Commission of Kenya also hopes blockchain technology will be able to provide real time results helping to eradicate corruption and electoral fraud as the transparent nature of the blockchain will be able to…
Bitcoin has made considerable ground particularly in the African region where its use has been undeniable. From, being ideal as a form of remittance and also becoming integral to various economic activities, the World bank has officially announced its decision to promote and encourage the use of block chain technology in Kenya. In a form similar to its im0lication in other countries the world bank aims to issue bonds to civilians in Kenya but making…
The Bitcoin is essentially a digital version of the Naira. Not owned by a single authority the coin can be used by anyone to transfer money across the world instantly at a cost of around 1% generally. Hailed as the currency of the future, Bitcoin has grown from strength to strength since its inception around 2010. From humble origins, where the majority of users were programmers to its current status as an internationally used medium…