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Binance Set to Create Crypto Jobs In Africa

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Africa has proven to be a fertile ground for everything crypto and Binance is expanding its technology to the continent and seeking to establish the potentials of the blockchain to its consumers after it is established. The CEO of Binance, ChangPeng Zhao was at the African Blockchain Conference last week in Kampala, Uganda. Zhao expressed how Binance was looking forward to contributing to the efforts of Uganda with the blockchain. He also expressed his desire to add Kenya and the rest Countries to its platform.  

Zhao explained, “Uganda is a very good point to start, but we want to expand across the whole of Africa. They don’t just want to limit themselves by creating a local community in Uganda.” He also added, “We have tremendous interest in working with various organizations and we are always looking to partner up with as many organizations as we can.” The African Blockchain Conference created an avenue to grow the blockchain technology in Africa. President Yoweri Museveni of Uganda expressed the need for the blockchain technology and how it can help the citizens.

On the other hand, the Chairman of the Blockchain Association of Uganda, Kwame Rugunda explained,

“The conference will concrete mainly on how we can create an ecosystem based on blockchain and this would be an opportunity to position ourselves to be a vital park of global talks based on blockchain technology. Improved transparency and accountability in our governments and enterprises are one of the few benefits of including blockchain technology. These are the key factors in catapulting the economic growth of Uganda and making it an investment destination.”

With over 21 countries represented at the conference, it shows that the continent is indeed thirsty for growth in the blockchain technology. Binance has already started making plans to grow the technology in the continent by  partnering with Crypto Savannah to help improve the Ugandan economy and even create employment for young adults.

 

What do you think about Binance’s Activities in Africa? Share your opinion with us in the comment section below.
Image credit: Pixabay

 

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The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

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Sirin Labs and MyEtherWallet Partners to Increase Outreach of Blockchain Smartphone

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sirin labs ans myetherwallet partners to increase outreach of blockchain smartphones

Swiss developer Sirin Labs will fuse popularly known cryptocurrency interface MyEtherWallet (MEW) in its Finney blockchain smartphone, this was confirmed by the company on social media on March 21.

Sirin Labs, which released Finney late last year will now enable MyEtherWallet users to buy the device via the latter’s cell and web interface. Also, MEW will attribute as the go-to wallet interface for Finney customers.

The move according to Sirin and MEW came about as a result of a need to promote adoption and ease the process of assessing and handling cryptocurrency tokens.

“We’re always looking to bring more secure integrations to Ethereum to make our users feel safe while navigating the crypto waters, and we believe having an on-phone hardware wallet is immensely valuable to users,” – Kosala Hemachandra, MEW CEO and founder expressed to Finextra.

Hemachandra buttressed further:

“This will not only make it easy to send and receive crypto transactions, but it will also make crypto more accessible to a wide range of users.”

The partnership is the newest to close for Sirin that became popular among cryptocurrency users in 2017 when it signed Lionel Messi, a popular footballer as its brand ambassador.

“We see this integration as a strong step towards a greater market share for both companies, as the two products complement each other” – Zvika Landau, Sirin Labs CEO.

The blockchain smartphone arena already contains several players which launched devices at similar times. Recently, HTC partnered with web browser Opera to increase the functionality of its blockchain-centric offering, the Exodus. Samsung has also received consideration after it published it might come with a cryptocurrency wallet in its latest Galaxy S10 smartphone.

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The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

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Crypto Now Accepted By Largest Swiss Online Retailer Digitec Galaxus

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crypto now accepted by largest swiss online retailer digitec galaxus

Digitec Galaxus – a leading Swiss online retailer has announced that it will now accept cryptocurrencies in accordance with a press release published on March 19.

According to the announcement, the online retailer is now accepting bitcoin (BTC) Bitcoin SV (BSV), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Tron (TRX), NEO(NEO), Litecoin (LTC), and OmiseGO(OMG) on purchases over CHF 200 (about $200). the press release also claims that the online retailer host close to 2.7 million products ranging from wheat beers to shoehorns.

This new payment method was reported to have been jointly developed as part of a pilot project with swiss payment processor Datatrans in conjunction with Danish crypto payments startup Coinify.

Going further the managing director of Datatrans, Hanspeter Maurer said:

“We are keen to find out how Digitec and Galaxus customers take up this offer”

As part of the move towards crypto, if the customers of the online retailer choose the new method of payment – cryptocurrency, the checkout process redirects them to Coinify page where they would be asked to choose means of payment from a list of options. After which customers then receive a conversion rate that applies for 15 minutes as well as payment details QR Code format and text. the customer then activates the transaction with a crypto wallet.

There are no fee charges by Digitec Galaxus for any payment made with cryptocurrencies but a 1.5% fee is charged by Coinify of the purchase through the conversion rate.

Lastly, a blog post was also released by the company explaining its internal engineering team behind the crypto integration.

Picture Credit: Bitcoinist

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The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

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IBM Launches Global Payment Network Based On Stella Public Network

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IBM launches its global payments network based on the stellar public network
photo credit: Bitcoin Exchange Guide

The tech giant IBM is on a mission to bring mainstream adoption to the blockchain. So far it is seeking to be the company that brings blockchain technology to the masses as IBM Blockchain –  the IBM arm in charge of developing solutions for the blockchain space on Monday 18th March announced its launch of the long-anticipated world wire network, a blockchain network based on the stellar public network.

In a statement, IBM describes it as the “first blockchain network of its kind to integrate payment messaging, clearing and settlement on a single unified platform and Participants are also allowed to dynamically choose from a variety of digital assets for settlement.”

IBM has already signed up six international banks that aim to create their version of stable coins backed 1:1 against their local fiat currencies as at the time of the launch. All the six banks have signed letters of intent with IBM. The stablecoins is to be built on top of the world wire network, the messaging and communication network (think SWIFT) which will facilitate seamless cross border payments.

Although, only the identity of one bank has been revealed IBM Blockchain should sooner or later announce the other partners. The known bank is Philippines-based RCBC, whose stablecoin will be pegged to the local peso while the other banks will be creating stablecoins pegged to the Euro, Korean won, Indonesian rupiah, and Brazilian reals according to respective regulatory provisions.

 “We’ve created a new type of payment network that is unique in the sense that it streamlines the ability of businesses and consumers to move money around the world in real time. This enables improved transparency without sacrificing the regulatory controls and policies we need in order to make sure that there aren’t bad actors in the system. We are convening a brand new network in 72 countries that will support pay-in and payout endpoints in 48 currencies.” –  Jesse Lund, head of IBM Blockchain told Forbes in a detailed podcast interview.

About IBM World Wire Network

The world wire network is basically a remittance network designed to contend against the ripple and SWIFT. IBM Blockchain general manager, Marie Wieck simply put it more precisely:

“We’ve created a new type of payment network designed to accelerate remittances and transform cross-border payments to facilitate the movement of money in countries that need it most.”

Furthermore, She added that “By creating a network where financial institutions support multiple digital assets, we expect to spur innovation and improve financial inclusion worldwide.” The World Wire currently offers settlements in two currencies, Stellar’s Lumens [XLM’] and the USD-pegged Stronghold stablecoin.

The IBM World Wire was initially announced back in October 2017 as the first pilot program was launched on the platform. It’s been under development for quite some time now but finally launched officially and available to be adopted by financial institutions to create their version of stablecoins and facilitates better cross border payments.

The network is supported in 72 countries so far with 48 currencies and 44 banking endpoints as revealed by IBM.

 

Do you think the world wire network stand the chance to compete against Ripple? Do share your thoughts with us in the comment section below.

 

Picture Credit: Bitcoin Exchange Guide

 

Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

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International Women’s Day: Celebrating Women in Blockchain Tech

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International women's day: celebrating women in blockchain

Women role in society, not just the Blockchain space has always been a topic of discussion in the media. One could be pardoned for assuming the Blockchain and the cryptocurrency industry is male-dominated field as men are seen to be obvious domination of the technology space in general.

However, women should be recognized and commended as many of them play active roles in improving the adoption of cryptocurrency in mainstream commerce. There is a growing number of notable women making a tangible contribution and actively involved in leading projects in the Blockchain and cryptocurrency sphere.

On this international women’s day, we want to celebrate some of the female players making strides within the Blockchain ecosystem and here is a brief look at some;

Genevieve Leveille, Principal Founder and Chief Executive Officer at AgriLedger (JERSEY)

Genevieve has over 23 years’ experience in Supply Chain Finance and Banking, an expert in digital identity, market risk, liquidity management, treasury and business, and industry transformation. She is a renowned international speaker and has considerable experience in all major international markets. In 2016 Genevieve founded and led a hackathon team in the creation of the AgriLedger concept, a social enterprise project using distributed ledger technology and mobile apps for agricultural producers. Not only does Genevieve bring significant expertise and corporate experience to Blockchain and Cryptocurrency industries, but she’s also a passionate and skilled advocate in utilizing technology solutions for social impact, empowerment, and the greater good.

Follow Genevieve thoughts on the subject on LinkedIn, Twitter

Lindsay Nuon, Founder, and CEO of Women of Color in Blockchain, Inc. (WCB)

One of the hottest Cybersecurity startups in the industry toping best-of-lists in Information Weekly Dark Reading, SC Magazine and WSJ. She advises startups, mentors and speaks on topics including Cybersecurity, Data privacy, Governance, Risk, and Compliance and Diversity, Equity and Inclusion. She is a proud member of the International Association of Privacy Professionals, a Certified Ethical Hacker and an Integrated Risk Management strategist. To date, her work has been covered in Al Jazeera, CNBC. Recently she served as a judge for the inaugural One World Award, presented at the Consensys Blockchain for Social Impact Conference at the United States Institute of Peace in Washington, DC. WCB along with its partners work to enhance the perspectives represented at conferences, companies, and projects across the Blockchain ecosystem and the tech industry.

You can find her on the subject on Twitter, Linkedin

Ella Zhang, Head of Binance Labs

Ella has over 14 years of interdisciplinary experience in venture capital and frontier technologies. She was the youngest investment director of KPCB, one of the most prominent VCs on Sand Hill Road. Ella also co-founded XiaoduoAI, which provides NLP solutions to more than 3,000 clients including Taobao, EMS, Meituan, China Telecom, and JD Finance. Ella holds a B.S.E.E. from UESTC and MBA from Stanford GSB, where she started to believe in Blockchain technology and cryptocurrency will “Change lives.

Follow her thoughts on the subject on Twitter

Ruth Iselema, CEO, Bitmama.io

Ruth Iselema is the Co-founder and CEO at Bitmama, a cryptocurrency exchange with the mission to financially empower people by leveraging blockchain technology with fast, simple and easy trading of cryptocurrencies. She is a cryptocurrency enthusiast, trader and early investor with years of experience in Blockchain.

You can find Ruth on the subject on Linkedin, Twitter

Faith Obafemi, Blockchain Lawyer

Faith Obafemi is a digital lawyer whose practice area revolves around legal tech, cryptocurrency, Blockchain, and smart contracts. As a Founding Partner at Lex Futurus, an international Blockchain law firm, Faith helps her clients illuminate and navigate the crypto dark maze.

Follow faith insights on the subject on Twitter, Linkedin

Alakanani Itireleng, Founder, Satoshicentre.tech, Botswana

Alakanani Itireleng is one of the first ladies to be behind the bitcoin and Blockchain technology having been fully active since 2013, she is popularly known as the Bitcoinlady of Africa, she is a global Blockchain speaker, an innovator and founder of the Blockchain hub satoshicentre and a startup called Plaas.

You can find her on Twitter, Linkedin

Doris Ojuederie, Founder, Blockchain African Ladies

Ojuederie Doris, a Blockchain certified expert, an entrepreneur with expertise on Business Development and strategic marketing and ardent Blockchain lover, have been in the Blockchain space for about 6 years and passionate about educating African women about the Blockchain technology.

Connect with Doris on LinkedIn, Twitter

Flora Sun, Director at Binance Labs

Prior to joining Binance Labs, Flora Sun was a software engineer in Silicon Valley. She has worked in the telecommunications research group (COMSAT Labs), enterprise software corporations (HP, Oracle, Remend, Bitfone) and several consumer Internet startups. Flora is passionate about using computer science to make a positive impact on people’s lives and has developed technologies that are used by millions. Flora holds SB and MEng degrees in EECS from MIT.

You can find flora on Twitter

Heaven Bereket, Founder bambino foundation, Sweden

Heaven Bereket is a Social Entrepreneur at heart, a female entrepreneur doing business with a purpose. Using an innovative model of funding her start-up through Crypto & Forex trading. With over 5 years of experience of trading, her biggest passion is providing support to local initiatives and working towards financial inclusion.

Follow her thoughts on the subject on Twitter, LinkedIn

Eman Herawy, Blockchain Developer, Egypt

Eman Herawy Is an Egyptian Blockchain developer and part of a Blockchain/AI team and currently working on different Blockchain including Ethereum, quorum, Ethereum swarm, hyper ledger fabric domains. Herawy is also mastered in cloud networks.

You can find Eman on the subject on Twitter, Linkedin

Happy International Women’s Day! A balanced world is a better world.

 

Do join us in celebrating International Women’s Day by using the comment section, spreading the word about the accomplishments of women in Blockchain and in other areas of life!!

 

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