Bitcoin rates kenya

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Content:

• 0.01 Bitcoins to Kenyan Shillings
• Why Bitcoin is the best way of sending remittances to developing countries
• How to Invest in Bitcoin and Cryptocurrencies in Kenya
• Figure of the week: The rapidly increasing role of cryptocurrencies in Africa
• Tala, fintech for the underbanked, raises $145 million to expand globally and into crypto
• Cryptocurrencies tumble, with bitcoin falling 15% and ether down 20%

WATCH RELATED VIDEO: How to EASILY Make Over Ksh 100,000 Per Month in Kenya by Trading Bitcoins. (safe-crypto.me Review)

0.01 Bitcoins to Kenyan Shillings

Select your location Close country language switcher. How focusing on governance can help reimagine corporate integrity. Watch the documentary now on CNBC. T he world is moving fast. If organizations want to stay ahead of the curve, their operations need to be agile and predictive, and they must pick the right time to engage with both the right talent and the right new technologies to gain a competitive edge.

However, there are a lot of technologies out there and a lot of business processes, all in a state of continuous evolution. Separating the signal from the noise — and picking the right strategy — can be a real challenge. Even when organizations choose a strategy, other factors can stand in the way of effective implementation. Understanding how to ask the right questions, who to ask and where to find the answers, is critical in making any strategy work. Digital transformation is a vital component of any modern business strategy.

Old software, platforms and processes become unfit for modern needs. In their place, new software, new platforms and new processes need to be developed and efficiently implemented.

However, transformation is often driven by technologists and IT teams, rather than the people who they will actually impact — such as those on the office floor.

This can make communicating business value and enacting effective change a fraught process. The most sophisticated, expensive artificial intelligence AI in the world can quickly become ineffective if implemented without the input from the people who would actually be using it, and whether or not they think it would actually improve processes.

But getting the right people talking and identifying the actual problems that need to be solved, can be harder than it looks. One Tier 1 financial client came to EY with this problem. It had faced challenges in implementing technological transformations in the past, and so recognized the need for creating the kind of collaborative spaces in which critical questions could be asked — and strategies shaped — before it started building technology into its operations.

The question the client asked was crucial but broad: rather than making incremental improvements, how do we think differently about how the finance function supports the business?

In particular, it was looking at how to improve operations across eight distinct finance processes, from financial accounting to book closing, by applying technology in ways which would work to deliver real value. Finding fresh perspectives meant the client needed to bring together the right expertise. For large multinational organizations, these conversations can be hard to create and sustain — teams can be widely distributed around the world, business functions may be highly siloed and individuals may keep varying hours.

Bringing stakeholders together physically — and giving them the tools to succeed — was critical. The EY Assurance and Consulting teams worked together on this project to help create the conditions that allowed the client to have these conversations — bringing our own different perspectives to bear on the project. In wavespace we help clients curate talent and technology, bringing them together in collaboration.

They are proven to energize and align teams to create meaningful outcomes, faster. Clients can engage with wavespace locations around the world, be hosted in temporary pop-up wavespaces, or have a wavespace installed in their premises — all are designed to help clients interact with ideas, technology and each other, in ways that can lead them to the decisions and creativity that will help them thrive in the transformative age.

Over the course of an eight-week program, wavespace hosted dozens of key stakeholders in over meetings, giving them the perspective and collaborative focus they needed to think about and ask questions about the best ways to transforming their finance operations. At the same time, participants were challenged to work identifying meaningful ways to assess how technology solutions could be applied to their finance processes. First, the client landed on the Cloud as the most appropriate technology for their needs.

Within wavespace, they then started challenging their own assumptions — rightly identifying the fact that the Cloud could not be considered just as a technology play but needed to be understood as a wider platform that could transform the finance function in multiple ways. The client also identified potential roadblocks.

Through dialog with respective stakeholders, they found that if they had focused entirely on the tech, but neglected the process side of the equation, the desired results would not be delivered. EY ensured the wavespace environment provided the frontline finance professionals everything they needed to help design the solution and define the use cases, supported by the IT and Finance Change teams. Through transparent conversations between different stakeholder groups, practical, effective solutions began to emerge.

Through creative collaboration within wavespace, the client not only honed their transformation strategy to a specifically Cloud-based approach — they also developed clearly defined steps that would allow them to pursue real, measurable value.

These included:. These tools allowed the client to come up with solutions that led to real, measurable value for its finance function — and the business as a whole. With these new Cloud-enabled processes, they identified the potential to remove the need for manual reconciliations between different systems or data sets.

This could then potentially save significant man-hours — including reducing the time taken to close accounting books from up to 20 days down to four days — freeing up time and resources for more value-adding tasks. Particularly, it demonstrates that grounding any technological agenda in real world, human experiences — rather than hypothetical ideal scenarios — is critical if technology solutions are to be applied in an effective and valuable way. With the current business landscape utterly changed by the impact of COVID, organizations increasingly need to be able to reimagine how they work in this unchartered environment.

More than ever, they will need to reframe how their business models and operations fit into a global economy that continues to experience severe shock as a result of the pandemic.

To effectively reinvent themselves during this crisis, organizations will need to embrace transformation to drive growth. By creating the mental space to think through the challenges brought about by COVID — actively seeking different perspectives and challenging assumptions about not just the right paths forward, but also the fundamental issues to be addressed — organizations can ensure they are pursuing strategies that can deliver genuine value.

We have a clear view of the critical questions and new answers required for effective business continuity and resilience. See more case studies. Visit the newsroom. EY is a global leader in assurance, consulting, strategy and transactions, and tax services.

The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over.

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Why Bitcoin is the best way of sending remittances to developing countries

CNN Eugene Mutai is well aware of the risks of mining virtual money. More Videos Kenyan developer mines cryptocurrencies from his front room He's right to be -- cryptocurrencies are volatile. That hasn't stopped him from operating in this shadowy and controversial corner of the global financial system.

How to Invest in Bitcoin and Cryptocurrencies in Kenya

Tucker Carlson , Ted Cruz and Newt Gingrich tout it as digital property, useful for electrical grids, and as a reserve asset. Bitcoin increasingly replaces gold in ads on conservative talk radio. One could be forgiven for thinking bitcoin is a creature by and for the political right. Yes, prominent Democrats still describe bitcoin as unregulated, environmentally costly , risky and better for terrorists and gamblers than ordinary citizens. Former Secretary of State Hillary Clinton suggested it could displace the mighty dollar and destabilize democracies everywhere. Others worry it funds insurrections and enriches white supremacists. Elizabeth Warren, D-Mass.

Figure of the week: The rapidly increasing role of cryptocurrencies in Africa

The year-old has given up a chunk of his living quarters to the enterprise. So Mutai is either in the middle of a fraud, or a revolution. Hundreds of new digital tokens have sprung up as entrepreneurs started projects based on blockchain, the public bookkeeping technology that supports digital currencies, raising millions and even hundreds of millions of dollars in minutes. The value of bitcoin, the biggest of them all, has increased sixfold. In six of the largest African nations for which there is trading data in the online exchange Local Bitcoins, the average premium to the Bloomberg bitcoin index is 7 percent; the gap in major bitcoin trading hubs such as China, South Korea, Germany and the U.

Tala, fintech for the underbanked, raises $145 million to expand globally and into crypto

An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens. The future of innovation and technology in government for the greater good. Leaders who are shaping the future of business in creative ways. New workplaces, new food sources, new medicine--even an entirely new economic system. On a Tuesday night at a Nairobi tech incubator, Michael Kimani preaches the virtues of crypto currencies to a small gathering of tech-savvy Kenyans.

Cryptocurrencies tumble, with bitcoin falling 15% and ether down 20%

In his viewpoint in Chapter 5 , Bitange Ndemo of the University of Nairobi outlines the rapidly increasing role of cryptocurrencies in sub-Saharan Africa. As shown in Figure 1, Africa is the fastest-growing cryptocurrency market among developing economies as well as the third-fastest growing market in the world, yet it remains the smallest. In fact, Foresight Africa notes, according to the data platform Chainalysis, the continent has seen a 1, percent increase in cryptocurrency payments from to Additionally, Chainalysis ranks Kenya, South Africa, and Nigeria among the top 10 countries in the world in terms of cryptocurrency use. Source: Ordu, A. Foresight Africa: Top Priorities for the Continent in

This app is intended to provide a clear summary of Bitcoin's current and historical price as well as important updates from the industry. Bitcoin BTC is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in The issuing of Bitcoin is done by users with mining capabilities and is limited to 21 million coins.

If the grid starts to go wobbly, as it did when winter storm Uri froze up power plants in February , miners could quickly shut down to conserve energy for homes and businesses. At least two Bitcoin miners have already volunteered to do just that. Help me get through the winter, the governor said, according to four people who attended the meeting. He said regulators need to require miners to shut down during a crisis, instead of making it voluntary. Abbott is embracing an industry that sees itself as a libertarian form of finance free from meddling by banks and governments -- an ideal that appeals to his core GOP voters. In all, there are seven big miners and more than 20 smaller ones in Texas, according to the lobbying group Texas Blockchain Council.

Previously, she was…. Cryptocurrency is going mainstream — and becoming increasingly difficult for investors to ignore. Coinbase made headlines recently as the first crypto exchange to go public on the Nasdaq , and established firms like Fidelity are adding crypto to their investment offerings. You may be wondering what to make of cryptocurrency and whether it has a place in your portfolio. What Is Cryptocurrency?

Residents of Mombasa, Kenya, use local Bangla-Pesa currency. Photo courtesy of Bangla-Pesa. Ulbricht also faces charges in Maryland regarding murder for hire.