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From Cryptogene to Venhub, What’s Next?

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It is a non-contestable fact that among African migrants in the U.S, Nigerians have the highest educational attainment which statistics places at 61.4%. this must be the stimuli that led to the creation of Cryptogene by Bashir Aminu. since Nigeria was recently introduced to the blockchain technology there is a great need to educate Nigerians on the use cases and benefits of the Blockchain and cryptocurrency.

Cryptogene was launched in Dec. 14, 2016 and its aim is to create a community that will foster the teaching/learning process of cryptocurrencies and the blockchain technology. The Ceo of Cryptogene, Bashir explains what the platform will do, “Interactive and educative discussions are always open which enables participants to learn every day from verifiable facts.” the educational process has been a slow but steady one, as slowly but surely awareness is seeping into the Nigerian crypto space. the question now is why venhub?

On the 9th of March 2018, Bashir Aminu announced on his medium page, “we are relaunching Cryptogene as Venhub at #Venmeet, 17 March 2018.” he wrote further “When we launched the Cryptogene Project about 8 months ago, we had the vision of changing lives and solving real problems using blockchain technology. Since then we have encountered our fair share of challenges. This has helped shape us to be better, stronger and more result oriented. We went back to the drawing board and for the past few months, we silently developed plans that would bring the project to the fabled promised land. We have launched a brand that is clean, beautiful and easy to understand. We call it Venhub — Virtual Economy Network Hub: Your gateway to the distributed economy.”

New challenges deserve new strategies and this is what Bashir Aminu is trying to achieve by metamorphosing Cryptogene to Venhub. Venhub will be providing large-scale blockchain solutions, for both enterprise and consumers. an interoperable infrastructure has been set up to provide a link to the benefits of the distributed ledger technology. The good news for this change is that Venhub is a platform that host variety of features for its users. Venhub is an ecosystem housing various blockchain solutions that are currently being developed. they include;

Havene (cryptocurrency exchange), Spiel (e-learning platform), Blockmart (crowdfunding platform), Silk ( crowdfunding platform). as it seems, the Venhub team has got a lot of areas covered.

Although most of Venhub’s blockchain solutions are still under development, the blockchain solution it is going to be providing is vast and one worthy to take note on. since venhub will be having its next conference sometime in August, it is safe for us to ask what else they will be revealing, as this team of blockchain-prenuers has a lot up their sleeves.

What do you think of the integration of Cryptogene into Venhub? Let us know your opinion in the comments section below.
Images courtesy of  Linkedin, Cryptogene, Venhub
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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POST OAK MOTOR CARS NOW ACCEPT BITCOIN AS PAYMENT FOR THEIR LUXURY CARS

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Are you hoping to be among the first crypto Hodlers to get a luxury ride with direct payment in cryptocurrency? If yes, then wait no further as more adoption, even in the automobile sectors of the gobal economy unfolds.
Tilman Fertitta, would be the first business man to sell off exotic cars like Bugatti, Bentley and Rolls-Royce using Bitcoin- the world first ever cryptocurrency.
Precisely on the 5th day of September 2018, the Hospitality business giant made the announcement via an official press release that it is be possible to purchase luxurious and classy carriages without prior regards buyers’ location worldwide with the use of Bitcoin and through a bitcoin payment processor called BitPay.
When asked about the move, Tilman, owner of Post Oak Motors had this to say “The rising of bitcoin sparked my interest. Being a premier luxury car dealer, I always want to offer my customers the very best buying experience and this partnership will allow anyone around the world purchase our vehicles faster and easier.

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The Blockchain Revolution in Nigeria and the Need for Regulation.

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In a recent strategic session organized by Mary Uduk, the Director General Securities and Exchange Commission of Nigeria (SEC) for the FINTECH Industry at SEC Towers Abuja. A critical analysis on the basics of the newest technology on the block (The Blockchain) in relation to the current plans to regulate the industry in the Nigerian Market, was the topic of discussion today.

In his presentation, Mr Ade Bajomo, the Executive Director Access Bank Nigeria and Vice President FinTech Association of Nigeria, took time to explain in simple terms the Blockchain Revolution currently taking place worldwide. He said; “Revolution refers to radical transformative change. It is a tumultuous and transformative event that attempts to change a region or society and in some cases, even the world”. Revolutions are the great turning points of history.

He also explained How Fintech is driving development and prompt execution in the financial sector of any economy. Moving on, he talked on the Future of Fintech; stating that the most recent discovery in the Space is the BLOCKCHAIN and that this discovery needs to be regulated.

At the end of his lecture, he answered few questions as regards security of the Blockchain in relation to the need for SEC to deliberately understand Blockchain technology, which would further help the active players institute the most desired regulation.

 

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BanQu Launches First-ever Blockchain-based Technology in Supply Chain Management in Zambia

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BanQu has pioneered blockchain-based economic identity solution in Africa. In the partnership with Anheuser-Busch InBev, BanQu has created a safe, secure, inalterable record and to generate economic opportunities for small holder farmers in Africa. Firms in the Supply chain management sector have embraced this innovation, banking on the software’s ability to enhance service delivery and improve profit margins.
The pilot done in June 2018 with leading brewer Anheuser-Busch InBev involved 2,000 Zambian farmers connected via the software’s mobile platform, as they reap and vend an estimated 2,000 tons of cassava for the production of high grade beer raw material -Starch used in beer production by the end of Zambian cassava farming season this August.

With this blockchain-based technology by BanQu, Anheuser-Busch InBev is able to track its product through every process in the supply chain with accurate record of vendors in the form of farmer profiles.

Zambian Breweries Agricultural Manager Chris Nicolle is excited about this development:
“This is one of the most exciting programs to be involved with. The scope and empowerment that the platform provides to the Small Holder is exceptional and I look forward to seeing the implementation of the project, from pilot to our full-time buying platform.”

The unbanked/underbanked farmers have something to smile about because with this solution, farmers are able to setup private digital profiles that can serves as a form of banking record as history is accumulated. With this record, farmers are able to connect to NGOs, Cooperatives, Banks for instruments like loans, grants and trainings for capacity building.

“Since 60% of the 2.7 billion unbanked and underbanked people already own mobile phones, these devices make the best platform for these people to connect to the global economy,” quoting BanQu Founder and CEO Ashish Gadnis.

He adds that
“BanQu is enabling the democratization of data, money, and eventually power, while delivering a distinct business advantage to global brands like Anheuser-Busch InBev and their localized company, Zambian Breweries, who believe in an inclusive agricultural model. Our goal is to strengthen this partnership across multiple crops and countries setting up a long-term, sustainable and responsible supply chain that directly benefits the small-scale farmers in the world.”

The World Health Organization (WHO) reports that 25 percent of
global alcoholic beverage consumption goes unrecorded. However, BanQu is trying to change the narrative with blockchain-bases solutions in Africa.

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Nigerian Crypto Enthusiasts Create Crypto Education Classes

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Adoption is the buzzword in crypto communities and the best way to drive adoption is through education. Truth be told, a lot of persons have heard about Cryptocurrency and Bitcoin however, they have a limited knowledge of what digital currencies are and what they entail. This need for proper education has led Cryset to partner with Workstation to create a week long Blockchain and Cryptocurrency workshop geared towards educating coworkers at Workstation as well as the general public about the technology and the space.


This event is scheduled to hold for 6 days and beginning on Monday, September 10 – Saturday, September 15, 2018 at Workstation, 7, Ibiyinka Olorunbe close, Victoria Island, Lagos.

The aim of the organizers of the event is to create a classroom environment where teaching and learning of Blockchain and Cryptocurrency concepts, markets and technology will take place.

The organizers are working with the largest Co working space in Nigeria with a community of over a 300 people comprising entrepreneurs, companies, developers, and millennials bringing this education down to the grassroot. Even though this is the first workshop more communities with be visited to spread the word.

Although the cryptocurrency market is currently down, this has not deterred Cryset, in fact, the company believes it is a great time to bring new people onboard. Cryset is all about creating real world use cases for cryptocurrencies as well as driving adoption of Blockchain in Africa.

The workshop will have a classroom ambience of a 25 students per class. This is to help the attendees learn in a conducive environment as well as ask questions and practice what they have been learnt. The tutors for this event include high profile thought leaders, entrepreneurs and educators in the Nigerian Blockchain and Cryptocurrency space.

The goal of this workshop is to give beginners a high-level introduction to Blockchain and get them to really understand, provide them with the tools, access and resources to guide them. This workshop will bootstrap them to a more knowledgeable position in the space.


The workshop curriculum

Day 1: What is the Blockchain

Day 2: Understanding Bitcoin and cryptocurrencies
Day 3: Introduction to Cryptocurrency trading
Day 4: How to Integrate Blockchain into your business (Blockchain for Enterprises)
Day 5: Investment opportunities in the Blockchain space
Day 6: Blockchain Software development, smart contracts and dApp.
The workshop is designed in a way that its starts from the foundation and builds on top of that knowledge base so their is proper understanding.

The first 2 days are foundational classes and the remaining are more specialized to what aspects of the space the individual would like to operate or be a part, developers, traders or business entrepreneurs there is something for you.

This is the first of its kind in the Nigerian Crypto space and it would be an exciting time for all those seeking knowledge in Cryptocurrency and Blockchain and how to benefit from it.

You can register for the workshop here
Blockchainweek.cryset.com

 



 

What do you think about these crypto classes? Share your opinion with us in the comment section below.
Image credit: cryset

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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