Making a digital payment, e.g. using cryptocurrency is still, for many Italians, an operation that could potentially be a security risk. To highlight it is a study conducted by Luno, a company specialized in cryptocurrencies, through the Dalia Research platform on a sample of a thousand people for each of the countries taken into consideration are Italy, France, Indonesia, the United Kingdom, Malaysia, Nigeria and South Africa.
The bitcoin transaction volume increased in the first week of June this year to more than 1.5 billion (worth N1.4 billion) from 1.3 billion traded in the last week of May in Nigeria, Africa's biggest economy and most populated country. Individual investors made a lot of transactions using local exchanges compared to companies outside Nigeria that allow virtual currency dealings.
Bitpesa is a bitcoin exchange and Blockchain technology firm based in Nairobi, Kenya, that has recently optimized its platform to focus mainly on the massive trade between East Africa, Nigeria and China.
Mmmglobal is a pyramid scheme authored by Russian fraudster Sergei Mavrodi. The scheme has numerous localized websites for every country or region where it operates. Recently, BCC authored a warning on mmmnigeria, the Nigeria chapter of mmmglobal citing it’s a scam aimed at stealing funds.