Nov 04, 2019 at 10:58
African Countries Surpass Other Parts of the World in Bitcoin Searches
For people that have been closely following the blockchain and cryptocurrency industry, they will tell you that Africa is the place to start any kind of commercial business including Bitcoin (BTC) trade and is growing fast without facing any severe competition. Actually, the digital currency and distributed ledger technology (DLT) adoption on the second largest continent is rapidly gaining momentum than any other continent.
Sep 16, 2019 at 12:49
Uganda Puts Blockchain on Another Level in Africa
In an effort to become a strong cryptocurrency and distributed ledger technology hub in Africa, Uganda has issued the first license to create a free zone for Bitcoin, blockchain and other developing technologies. The Uganda Free Zones Authority (UFZA)issued a license to designers and developers to launch a free zone focusing mainly on DLT innovations.
Aug 26, 2019 at 10:33
Sierra Leone Launches a National Blockchain-based ID System
Sierra Leone set a record of becoming the first country in Africa to have national blockchain-based ID system. On August 21, the government rolled out a decentralized National Digital Identity Platform that is based on the distributed ledger technology (DLT) and the platform was designed by both the National Civil Registration Authority and KIVA. The launch happened at Radisson hotel in Freetown and was headed by President Julius Maada Bio.
Bitcoin and Other Cryptocurrencies are Booming on the African Continent
Despite hacking scandals and high volatility, Africans continue to use cryptocurrencies for speculative, investment, and savings purposes. This highly perceptive continent of technological innovations has become a new El Dorado for digital currencies, which store transactions in a public and ultra-secure database called blockchain.
Market Accelerator: Africa is the Next Big Thing for Crypto Bubble
A lot of Blockchain technology and cryptoasset companies are massively setting up their offices and big projects in Africa. Several cryptocurrency fanciers are asking why African countries are the main target, not Europe, America or Asia which has a large number of potential investors. The reasons as to why this is happening like this are just simple and precise as follows:
Blockchain Great Walls: Akon Plans to Build Cryptocurrency City in Senegal Africa
Akon, a successful African music producer plans to build a huge city in Senegal based on a cryptocurrency that looks to be the saviour of Africa and the world at large. Akon, whose real name is "Aliaume Thiam" was born in Missouri and currently lives in the United States though he spent a lot of his childhood moment in Senegal.
Africa's Unexploited Potential Gives Room for Blockchain Innovation
The African continent will provide a fertile ground for blockchain innovation in the future as the technology has been spreading like wildfire with many countries embracing it. Blockchain can progress with unusual rapidity economic empowerment, mitigate fraud, offer safe protocols for entrepreneurs and transform logistics operations.