BitPesa raises $5m from Sompo Holdings to revolutionize cross-border payments

BitPesa raises $5m from Sompo Holdings to revolutionize cross-border payments

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Kenya’s BitPesa has raised $5m from Japanese insurance group Sompo Holdings in a move expected to revolutionize cross-border payments and insurance services globally. Sompo will use Bitpesa’s technology to extend its presence in the international remittance service market and use it for its insurance services. The…

Fiat-to-Crypto Exchange Binance Uganda Opens for Deposits and Withdrawals

Fiat-to-Crypto Exchange Binance Uganda Opens for Deposits and Withdrawals

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Fiat-to-crypto exchange Binance Uganda began accepting deposits and withdrawals of Ugandan Shillings on Wednesday, October 17th. The exchange commenced Know Your Customer (KYC) procedures too and became the first fiat-crypto exchange launched by Binance, the largest cryptocurrency exchange by trade volume. Built on top of technology developed by…

Block Commodities, Pure Grow Africa partner to launch a blockchain pilot project for farmers in Uganda

Block Commodities, Pure Grow Africa partner to launch a blockchain pilot project for farmers in Uganda

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Block Commodities, a commodity trader operating has partnered with Pure Grow Africa, a supplier of high-quality agricultural produce, to launch the first pilot of a food project commodity cycle ecosystem in Uganda. Pure Grow shares Block Commodities’ values of providing high quality products at fair prices with transparency, and a mission to empower communities with modern technologies for improved agri-business and agro-value chain development. The two parties will also establish a call centre, create and distribute a mobile app, produce and transmit a television show, develop logistics and warehouse protocols and create a ‘fertiliser swap’ opportunity for harvested agricultural products.  Pure Grow uses modern technologies and applications to promote economic growth while creating community awareness and shared values. Farmers linked to Pure Grow aim to adhere to the highest standards of food safety, environmental and sustainable policies. Through the agreement, Pure Grow will initially introduce approximately 1,000 farmers and buyers to the Pilot Ecosystem. BlockCommodities will implement and support the Ecosystem by providing finance and fertiliser products, as well as supplying thetechnology. It will coordinate loans in cryptocurrencies (Dala token) for the selected team of farmers from Pure Grow Africa. Farmers will…

AID:Tech partners with PharmAccess to Transform Antenatal Care in Tanzania Through Blockchain Technology

AID:Tech partners with PharmAccess to Transform Antenatal Care in Tanzania Through Blockchain Technology

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AID:Tech, a firm that uses Digital Identity and Blockchain technology to revolutionize how governments, enterprises and NGOs deliver digital entitlements has partnered with PharmAccess Foundation to monitor pregnancies through blockchain technology. Through an initiative called Chain of Trust (CoT), the firm saw their first…

Sun Exchange Appoints Prominent Crypto Experts Max Keiser & Stacy Herbert to Advisory Board

Sun Exchange Appoints Prominent Crypto Experts Max Keiser & Stacy Herbert to Advisory Board

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Sun Exchange, a blockchain-based solar micro-leasing marketplace, has appointed Max Keiser and Stacy Herbert known for commandeering successful ventures such as the Keiser Report and Heisenberg Capital to help drive sustainability and equitable distribution of sustainable energy. Other key Sun Exchange advisors include David Orban, a…

BitMEX, a Seychelles-based Bitcoin-only trading platform joins hands with crypto trading site Caspian

BitMEX, a Seychelles-based Bitcoin-only trading platform joins hands with crypto trading site Caspian

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BitMEX (Bitcoin Mercantile Exchange) Bitcoin’s most advanced peer-to-peer trading platform has partnered with Caspian in order to further support and facilitate institutional investment’s move into crypto trading. BitMEX offers 100x leveraged trading of Bitcoin, Bitcoin futures, and swaps, along with altcoin futures for Ethereum, Litecoin,…