Connect with us

Adoption News

Dash Drives Adoption in Nigeria with New Products

Published

on

Dash is focused on driving adoption and this time the Arizona based cryptocurrency has products best suited for the unbanked in Nigeria. The products, Alt Savings and Dashcart will be spearheaded by the Dashsquard team. The team had come up with products that will focus on solving age long problems in the country. These problems range from retirement to savings and then to utility bill payment.

Saving Made Easy with Alt Savings

The DashSquard team came up with the idea of Alt Savings, a product that will help salary earners save a portion of their salary in Dash or Gold. The team will be enlisting 300 merchants and SMEs in the month of August as part of its Milestone. The team also aims to enlist 1000 SMEs within 3 months.

These merchants, SMEs and Companies will utilise Alt Savings in their their staff retirement plan as well as Savings plan. Alt Savings offers a diversified savings portfolio of not just Dash but Gold as well to help Baby Boomers become part of the saving scheme. Asides partnering with merchants and SMEs, Alt Savings also plans to drive financial inclusion for the unbanked. The product has a service called mobile top-up with which the unbanked can save with recharge cards.

Introducing Dashcart’s Microtransaction

On the other hand, DashCart will attend to the needs of crypto users who need to spend small amounts of their crypto. The product has services which will enable its users pay electricity bills, DSTV subscriptions, mobile top-ups, gift cards as well as perform micro transactions. The unique feature of Microtransactions will enable users send cryptos directly to loved ones in fiat without worry of conversion. This is because crypto owners often worry about the high cost of transaction fee when sending as little as 5,000 Naira worth of crypto to a family member. But with the microtransaction, the crypto owner sends Dash to DashCart, inputs the account number of the receiver and DashCart sends fiat to the receiver’s account.

Dash Giveaways For Users

DashCart is also adding payments of domestic and international flights to its list of services. The team also plans to include hotel bookings and tax payment along side and aims to spread beyond the borders of Nigeria. The DashSquard team also has a special giveaway planned for its users. The first 1000 persons to use their cards on DashCart will get an airdrop of $1 while the first 1000 users to save using Alt Savings will get $3 worth of Dash.

The CEO of the projects, Lucky Uwakwe  and his team are working towards achieving their milestone. Also, they have a physical office in Lagos Nigeria where they aim to attend to clients needs. The aim of the project is to drive Dash adoption as well as create a means of financial inclusion for the unbanked and poor persons in Nigeria.

 



 

 

What do you think about Dashcart and Alt Savings? Share your opinion with us in the comment section below.
Image credit: pixabay,

 

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.

 

Spread the news

I am a blockchain and cryptocurrency journalist fascinated with sharing the knowledge of this wonderful technology in the simplest language possible.

Advertisement
Comments

Adoption News

Bitcoin Cash Support Added to HTC Flagship Smartphone, the Exodus 1

Published

on

Image: Bitcoin.com

Bitcoin Cash support has been added to the Exodus 1, the flagship smartphone of HTC as part of a new partnership between the Taiwanese smartphone consumer electronics manufacturer and Bitcoin.com

The Exodus 1 which is an Android powered mobile phone is the first native web 3.0 mobile devices with architecture that secures crypto assets. The device has an easy to use digital wallet, Zion Vault whose software interfaces with the device’s hardware security.

The wallet allows users to store and make transactions using the bitcoin cash cryptocurrency without having to be exposed to remote system penetration.

According to Bitcoin.com, the partnership will see HTC pre-loading the firm’s popular wallet app on the device. In turn, Bitcoin.com will offer for sale the Exodus 1 Flagship device and other lower device from the manufacturer on the Bitcoin.com online store. The lower priced device Exodus 1s will also feature same native bitcoin cash support which the flagship users are to enjoy.

Speaking on the partnership, Bitcoin.com CEO Stefan Rust said “There are so many synergies between Bitcoin.com and HTC. We are very excited to be on this incredible journey together.”

Roger Ver, the Executive Chairman contributed saying  “Bitcoin.com’s partnership with HTC will enable Bitcoin Cash to be used as peer to peer electronic cash for the millions of HTC smartphone users around the world.”

Based on the news reporting arm of bitcoin.com, HTC sees great promise in cryptocurrency and that is the reason why it has added support for bitcoin cash.

The Taiwanese firm’s Decentralized Chief Officer Phil Chen speaking on the importance of the partnership between both organizations said “Smartphones are everywhere and have proliferated across the planet. It’s very important for the adoption of crypto that it is easy to store and use, no matter which cryptocurrency is preferred by people. So the fact that BCH, one of the biggest cryptocurrencies, is now easy to use on our smartphone is very important for us. Together, HTC and Bitcoin.com are helping to bring crypto to the masses.”

He went further saying HTC believes in user ownership of, control of their data and cryptocurrency presents the best opportunity to start the journey into owning personal data. Understanding the fear of users owning and controlling access to their data, Phil Chen believes this will significant impact the business models and revenues of these ‘powerful firms’.

HTC believes the smartphone will be the tool which will allow users manage, access, store their digital assets.

Bitcoin.com revealed that future plans of the partnership includes offering discounts when paying for goods in BCH as well as sales of the Exodus phones on store.bitcoin.com

Spread the news
Continue Reading

Adoption News

Businesses Can Now Accept Ether as BitPay Add Support for Ethereum

Published

on

Largest global blockchain payment processor Bitpay has announced customers will soon be able to safely, securely and compliantly accept Ethereum for purchases without the need for any further integration.

It also revealed that wallet users will be able to store and use the second largest cryptocurrency by market cap  in their wallet and BitPay Prepaid Visa Cards holders can top up debit cards.

BitPay formerly supports Bitcoin and Bitcoin Cash and has now added Ethereum to its list of supported digital assets on its payment processing platform.

Accesses to foreign exchange in some jurisdiction is a challenge to businesses and with the advent of bitcoin, businesses can easily and effortlessly receive payments from all over the world from users with the three supported cryptocurrencies.

BitPay speaking on the achievement was quoted saying “It is exciting to see BitPay leading the way in integrating Ethereum into global payment systems,” said Vitalik Buterin, founder and creator of Ethereum. “This truly opens up a new world of possibilities for the Ethereum ecosystem, and together we can continue to be a leading innovator for real world use cases for cryptocurrencies.”

BitPay offers stable coin settlement with Circle CENTRE USDC, Gemini Dollar (GUSD), and the PAX as well as in 12 currencies and direct deposits in 37 countries.

According to BitPay, it calculates prices displayed on invoices in 150 countries and can settle in over 200 countries. It further said that, for merchants who desire to be settled by bank transfer, the transfer is initiated the next day and cryptocurrency is settled the next day.

BitPay was founded in 2011 as the pioneer bitcoin and blockchain payment with large number of merchants already using its payment processor such as Microsoft, Newegg, Dish Networks etc. It enables users to manage digital assets with the BitPay walllets and turn digital assets into dollars with the BitPay Visa Card.

Spread the news
Continue Reading

Adoption News

Blockchain-enabled SIM to be Launched by China Telecoms Corporation

Published

on

China telecom corporation limited CHA, has made public its serious considerations in developing a blockchain-enabled  5G sim card according to a Chinese website, Sina News.

The leading arm of the Chinese telecom research had released the white paper which outlined key moves to be implemented on the sidelines of China International Smart Industry Fair recently. The paper had also pointed out some details of how this sim card would support ERC-20 tokens and Ethereum, also stating that it would have compatibility with almost any type of phone. Explicit details on plans to turn a smartphone into a decentralised node were also highlighted

This news has also come as a good one for those who intend to buy and sell Cryptos using their mobile phones. The telecom of China has its eyes on the 5G which is the major prize for the corporation

According to the whitepaper, blockchain has emerged as the only technology that presents users with the opportunity of securing their fragile data, hence the issue of the huge flow of data this advancement will come with will not be an issue, even with the advent of IoT enabled devices

China telecom is of the opinion that it can perform better as it attacks the low quay of current blockchain phones such as Samsung’s Galaxy S10 and HTC’s Exodus One which it accused of playing the market by incorporating specific blockchain instead of going for higher technical standards.

Spread the news
Continue Reading

Adoption News

Coinbase Reports an Increase In The Level of Activity in Blockchain Activities Into Universities

Published

on

According to recent research carried out by a major cryptocurrency exchange platform Coinbase, it was discovered that about 56% of the top 50 Universities in the world had one of more cryptocurrency and Blockchain classes offered.

An indication of growth in interest for blockchain

This research carried out by Coinbase was published in an official blog post which also used rankings from the US news as well as world report for the listing of top 50 universities. The findings also took into account both students offering undergraduate and graduate courses.

It was discovered that twice the number of students, when compared to last year, were beginning to take courses in blockchain and Cryptocurrency.

Apart from having a doubled interest amongst the top universities of the world in taking classes on blockchain and Cryptocurrencies, the study also reflected that these students had already gone as far as creating student-run clubs related to crypto.

There was a 42% increase in the offerings related to this field.

The report also revealed that nearly 70 percent of crypto and blockchain classes are in departments that are outside computer science, including law, the humanities, and economics. A Cornell alumnus said:

“We’ve had so many professors reach out to learn more about blockchain and see how it applies to their field. It’s really cool to be part of a community where there’s so much engagement.”


Source: Coinbase

The African continent not being left out of this action

Meanwhile, the African continent is not left behind as countries such as Nigeria have shown an increased level in activities that are blockchain and cryptocurrency inclined, considering the fact that there has been a series of events both past and future that have been organised by bodies such as Cryptotvplus to increase the level of awareness amongst university students.

Spread the news
Continue Reading

Find Us

Address: 7 Kafi Street, Beside City Mall, Shoprite, Alausa, Ikeja, Lagos.

Hours: Monday—Friday: 9:00am–5:00pm

Contact: +234 817 866 6900

Trending

Copyright © 2019 Cryptoptvplus. Powered by Ma media