Cryptocurrency is falling hard but given the development framework and foundation that coders and technology architects have established is going to be useful in the next few years. Specifically, we predict that mobile wallets are going to be a game changer in…
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…
Aeternity Africa, a Nairobi-based blockchain platform is seeking to promote, showcase and demonstrate the disruptive potential of blockchain technology in Africa through its monthly events that bring together entrepreneurs, business leaders and decision makers from specific industries to share with them the…
Recently, Africa has shown to be a fertile ground for Cryptocurrency with several countries such as South Africa, Kenya, Ghana, Zambia, Nigeria and Zimbabwe among others embracing its adoption. There are several reasons to this boom. One of them is the fact…
Mauritius’s Legacy Capital has partnered with Kingsland University to launch the Kingsland University School of Blockchain to offer full stack software developers with the skills necessary to build exciting blockchain projects that are transforming the future of every industry – from agriculture,…
iHub, Kenya’s poster child innovation hub and tech accelerator is partnering with Raise, a Bahamian and Kenyan digital ownership platform to digitise all of its company assets – making iHub the first tech accelerator to take such a step in Africa. The…
By Bolaji Akinboro Blockchain technology is a decentralized digital ledger that keeps immutable records of transactions. It maintains a network of computers working together as well as independently, to keep and verify records in such a way that once a record has…
Papersoft Africa, and Digital Transformation company iVEDiX have teamed up to launch a blockchain and digital currency initiative with exclusive contracts in place to roll out a secure cashless financial transactional system running on a blockchain backbone attached to an onboarding platform. f…
HTC yesterday launched early access to its first blockchain phone, the ‘EXODUS 1’ at www.htcexodus.com using either BTC or ETH, in an industry first crypto-only payment acceptance. Expected ship date is December, the HTC ‘EXODUS 1’ contains a secure enclave – a locked area on…
Flutterwave, the Nigerian payments firm that recently raised over $10m in funding for expansion has partnered with RippleNet, a global payments network which makes it easy to connect and transact across its robust network of 100+ banks and payment providers worldwide to…
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…
Ideanomics, a New York-based Platform-as-a-Service (PaaS) solutions fintech and asset digitization services firm has entered into a joint venture agreement with TPJ Ltd, to create Ideanomics Resources LTD a U.K. company based in London to unlock value in the commodities and energy sectors in Africa and…
Global retailer Carrefour announced they will use the IBM Food Trust blockchain network to strengthen their food excellence actions in its more than 12,000 stores in 33 countries and to all Carrefour brands worldwide by 2022. “Being a founding member of…
SUAPP, a peer-to-peer idea sharing platform that you have never heard of has launched a crowdsale to raise funding to build its blockchain-based student sharing platform. Targeted at students around Africa, the platform aims to be an education platform that rewards users when they…
BitPesa, a digital foreign exchange and payment platform that leverages blockchain settlement to significantly lower the cost and increase the speed of business payments to and from frontier markets has partnered with Japan’s remittance firm SBI Remit to make it easier for Africans…
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…
Blockbank has purchased a stake in Spire bank to provide international Crypto banking services. Spire Bank will be instrumental in facilitating a wide variety of international Crytpto banking activity in association with Blockbank — to present the world’s first fully licensed crypto…
Citrusxchange Inc., a Canadian Fintech start-up company, has launched its Blockchain based platform catering to small and medium enterprises seeking supply chain financing and invoice financing in Kenya, India, Indonesia and in the UAE. Trading as”Kwikxchange,” the company has launched in India, Kenya, Indonesia and UAE,…
Tmxglobal coin set to be launched in Kenya said to be the the first blockchain cryptocurrency to save the logistic business in Africa from the problems experienced in the import-export sector. So many issues have been discussed around the import export trading…
Mazzuma, an online payments system in Ghana launched in 2015 with a record of over $1 million USD worth of transactions till date and over 26,000 registered users is incorporating Mazzuma blockchain technology through the creation of the MAZ cryptocurrency to enable instant…
ImpalaCoin, an initiative of Kenya’s ImpalaPay powere by the Stellar platform, aims to be the crypto currency powering the Impala crypto financial network working to improve financial inclusion and trade across borders especially in Africa. ImpalaCoin’s primary target is to power trade which is…
Treon (TXO), a “Utilities Token” that securely and seamlessly enables consumers around the world, including the unbanked, to easily manage and pay for their telecom, energy, and water usage is focusing on Africa and the developing world where its services are highly…
As internet penetration grows, paying in cash is slowly giving way to digital payment systems that allows online stores, casinos, and even even restaurants to accept payments from across the world. Online casinos such as CasinoBillions.com, are also not being left behind. The…
Overstock.com, Inc. has announced that its blockchain-property rights subsidiary, Medici Land Governance, has partnered with the Ministry of Land and Natural Resources in Zambia, to develop a program for systematic land governance within the country. Zambia, like many other developing countries around the…
Based at the KAD ICT Hub in Kaduna, Nigeria, the Africa Blockchain Lab will bring together world-class blockchain companies working on solutions for African markets. -One of the first initiatives to launch in the Lab is the AMLT Network, the first global…
After launching Bitkoin Africa last year, Timi Ajiboye, has launched BuyCoins, a cryptocurrency exchange platform set to enable users to buy and sell all the other types of crpto coins online and not just bitcoin like it was with Bitkoin Africa, a sister person-to-person…
TransferTo has partnered with Stellar.org to further enhance the way in which money is transferred across borders. Under this collaboration, financial institutions and partners of both Stellar.org and TransferTo will benefit from the combined network coverage, and be able to leverage new technologies to send and…
Cryptocurrency has become the new global digital currency of the 21st century with interesting features like the privacy of the sender & receiver and without the interference of regulations of the third party i.e. Banks. The traditional banking system is governed by…
Kenya’s UTU Technologies, a trust ecosystem for the sharing economy has received $200,000 USD in investments and secured an additional $50,000 USD each from æternity Ventures’ partner network as a number of investment funds and angel investors followed the event online. Croatia’s AMPNet,…
Nigeria Customs is among the first organizations that have taken up Oracle’s newly launched Blockchain Cloud Service promising organizations to easily build blockchain networks to drive more secure and efficient transactions and to track goods through supply chains on a global scale. According…
