General digitization has brought most of the world's population online. Most operations from virtually all walks of life, including payments, are going digital. Therefore, wallets have also gone digital. Storing money in a pocket is a relic of the past.
The story of the gaming industry begins more than 80 years ago. Initially perceived as a curious but strange concept, it lacked interest and was considered to be a one-time sensation that would spark like the flame of a match and then disappear. Today, gaming has become a billion dollar sector. What was the journey that the industry came through to become so successful today?
According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic.
Akon is continuing to expand the planning of his futuristic cities across the African continent. Now, Akon wants to expand the project to Uganda, the Pearl of Africa. But how real are these plans for the African population?
A Virginia-based cloud-based services and mobile apps provider MicroStrategy Incorporated (MSTR) bought another 253 Bitcoin to invest in the booming digital currency industry. The event caused a short-term BTC price increase.
With everything seeming to be going digital in this Covid-19 pandemic era, the tokenization of payment systems is growing at a high rate across the globe. Blockchain and fintech is now the next big thing.
Financial inclusion of the globe’s unbanked population has been a sensitive issue for years. With the introduction of cryptocurrency, there have been speculations about its potential to get all these people aboard international finance. But is it really so?