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Can CBDC Drive Financial Inclusion?

Can CBDC Drive Financial Inclusion?

There are still 1.7 billion unbanked in the world. What are the reasons behind such a significant number of unbanked? Can CBDC drive their financial inclusion?

Blockchain Adoption Wins Center Stage in Africa

Blockchain Adoption Wins Center Stage in Africa

Blockchain technology is continuously reigning supreme across the globe based on the distributed ledger network it avails, making transparency, immutability, and traceability inevitable.

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

The Global web search data from Google Trends indicate that there has been a decline in recent times as it has recorded an all-time low since October 2018. Even in the midst of the activities going on in the global scene we see that some African countries have been leading with Nigeria recorded as the country with the highest level of Bitcoin searches, followed by South Africa and Ghana respectively.

Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent

Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent

Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume and reported cryptocurrency ownership.

Blockchain and Beer: World’s Largest Brewer is Assisting Unbanked African Farmers Using Blockchain

Blockchain and Beer: World’s Largest Brewer is Assisting Unbanked African Farmers Using Blockchain

Anheuser-Busch InBev (AB InBev), the largest beer company in the world, has created a blockchain-based system in collaboration with BanQu, a blockchain-as-a-service software company, to assist small-scale African farmers to show that they are suppliers of the drinks behemoth.

COINNEWSEXTRA AND  GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA

COINNEWSEXTRA AND GLOBAL POLICY HOUSE TO HOST FIRST UNPRECEDENTED CBDC CONFERENCE IN AFRICA

One of the best gift possessed by humans is the ability to adapt to change. Little did we know that the global COVID-19 pandemic was going to deprive us of our regular mode of living, here we are today with several months of stay at home with many organisations and people pivoting into the digital economy. The immense impact of the COVID-19 pandemic has severely affected the whole world with developments changing frequently. However, digital innovations and technology solutions have been deployed to respond urgently to these changes, This has led to a notable increase in demand for online transactions, resulting in a significant shift from cash to digital payment methods.

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Burundi has banned Bitcoin and every other form of digital trading from its soil because it can no longer offer protection to persons with problems related to it.

Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems

Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems

The Cardano Foundation has partnered with the South African National Blockchain Alliance (SANBA) in a bid to expand blockchain adoption and bring financial inclusion to the country of 59 million.

Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs

Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs

Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.

UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption

UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption

The United Nations Office of Drugs and Crime (UNODC) wants Kenya to embrace blockchain technology to fight runaway corruption.

Africa Crypto Adoption Sparks Regulation Concerns

Africa Crypto Adoption Sparks Regulation Concerns

The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.

Bittrex Exchange Halts Services In 31 Countries Due To Regulatory Risk

Bittrex Exchange Halts Services In 31 Countries Due To Regulatory Risk

Bittrex, a U.S-based blockchain platform that provides real-time trade execution, dependable digital wallets, and industry-leading security practices, has just recently announced the shutdown of operations in 31 countries of the world.

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