Blockchain africa network

The French NGO, Nitidae, believes that blockchain could provide a solution that would fight fraud and promote ethical production. This young start-up works with NGOs, merchants and microfinance institutions to help support small business ecosystems. The goal is to help communities grow by giving them access to credit and markets. We spoke with Sofie Blakstad, CEO and founder of hiveonline, about her initiative and the role of blockchain technology. Binkabi is a platform for the issuing, trading and financing of commodities on the blockchain.

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Content:

• Is Network Congestion Causing Issues for Bitcoin in Africa? Bitwala CEO Says No
• Blockchain-based World Mobile agrees partnership to connect Africa with 4G and 5G
• Blockchain Africa Conference 2021: Beyond the Hype, Announces Keynote Speakers
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• United Africa Blockchain Association to Accelerate Blockchain Adoption in Africa
• The Regulation of Blockchain in Africa: Challenges and Opportunities
• South African Standard Bank joins trade finance blockchain Marco Polo

WATCH RELATED VIDEO: How blockchain technology can help improve quality of life in Africa

Is Network Congestion Causing Issues for Bitcoin in Africa? Bitwala CEO Says No

As the world quickly transitions into a global village thanks to the rapid penetration of internet networks, it is easy for some people to be left behind owing to the remoteness of their locations. In most parts of Zanzibar, an autonomous island in East Africa, for example, services by terrestrial cable and satellite networks are deficient, leaving a big percentage of the population uncovered.

But, if plans by the World Mobile Group — a global telecommunications operator — materialize, many Zanzibaris will be connecting to the internet for the first time in the next few months. World Mobile is building infrastructure for last-mile connectivity using spectrums like free-space optical communication and other radio transmitters, which do not require licensing, translating to less expensive internet access.

The spectrums connect to multiple air nodes to create a mesh network, providing internet coverage to far-flung villages. Watkins said that because they do not require licenses for these alternative spectrums they get a massive tax saving, which translates to cheaper internet for users. The network operator is working with micro-lenders in financing entrepreneurs to buy the nodes.

Each air node provides reliable Wi-Fi internet to to people, and other ancillary utilities like public lighting through integrated solar-powered floodlights.

Watkins said the concept of a sharing economy reduces operational expenditures incurred in maintenance, security and leasing costs, while also powering a self-sustaining business model. This option was never there before; so, just like Uber or Airbnb, we are operating under the sharing economy model. World Mobile is currently serving about 3, customers on the five pilot sites, but has plans to expand to 30 sites by January — as it moves to fast-track the connectivity efforts.

World Mobile has a more ambitious plan of covering Zanzibar in five years, making internet available to the entire population of 1. The company is set to roll out the network in Kenya and Tanzania, where they already have operations, over the coming months. No one has ever done that before. Zanzibar, an autonomous island in East Africa, is a popular tourist destination. World Mobile Group is building infrastructure for last-mile connectivity to bring the unconnected online.

Image Credits: World Mobile Group. As more citizens get connected, the Zanzibar government has started implementing its digital economy framework, a plan it had shelved for over a decade.

It will also help in building infrastructure that will help it automate all its administrative tasks and processes. This means building an e-government system that would allow the interaction of government with its citizens, businesses, employees and between its agencies. The investment will make the government more accessible to its citizens, who no longer need to physically visit offices for services or information.

We need to get there. The agency was established to promote policies, standards and other practices to improve ICT uptake across the public institutions. So, all this is to solve the problem of illegal unreported and unregistered fishing. And all these technologies need the connectivity to be in place. Zanzibar is now compensating for the time lost by quickening its pace toward that transition. It will also integrate back-end government systems to enable business-process automation and facilitate the flow of communication within government institutions.

Meanwhile, Zanzibar is launching a blockchain academy that will, beginning early next year, hold conferences as the tourist destination positions itself as a blockchain center of the future.

Blockchain-based World Mobile agrees partnership to connect Africa with 4G and 5G

Some African governments are trying different measures to eliminate corruption, bad governance, mismanagement and lack of accountability in their countries but these efforts are mostly unsuccessful. Unfortunately, current social norms in Africa encourage these ills. As a tool for change, technology and especially blockchain can help in solving some of these governance issues plaguing Africa. The word blockchain has been gaining a lot of attention from businesses, investors and governments, especially around how it could transform how we do business today.

Blockchain Africa Conference 2021: Beyond the Hype, Announces Keynote Speakers

This site uses cookies to deliver website functionality and analytics. If you would like to know more about the types of cookies we serve and how to change your cookie settings, please read our Cookie Notice. By clicking the "I accept" button, you consent to the use of these cookies. Tokenization of financial flows is vastly cheaper than building nations. On the back of it, the process itself can spur the growth of real assets. This is where some countries in Africa are finding themselves. Africa is the second-most-populous continent in the world, with around 1.

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If there is a silver lining to most crises, the accelerated move toward digitized commerce globally and in Africa may be one positive outcome of the COVID-enforced lockdown. The Draft Policy affects a few key areas, which we briefly highlight below. The Draft Policy recognizes that digital transformation in South Africa relies upon further developing electronic communication networks, mobile communication networks, and cloud and data infrastructure services in the country. In relation to universal access and service delivery obligations, the Draft Policy recommends a government-backed digital platform and for all South African citizens to be provided with an online identity in order to receive services more easily. The Draft Policy also refers to various measures to ensure the deployment of electronic communication infrastructure, which will help to bridge the digital divide by ensuring universal access to cloud and data infrastructure services for all South Africans.

United Africa Blockchain Association to Accelerate Blockchain Adoption in Africa

Predict and win in secs the Bitcoin price change. Brought to you by coinratecap. Recent Posts. Tech News. Alphapoint, a blockchain infrastructure provider made announcement on the 2nd of February

The Regulation of Blockchain in Africa: Challenges and Opportunities

Our Programs are built with global standards, and facilitated by leading experts. We partner with organizations and individuals to address their unique needs, providing options that help them reach their goals. We are driven by the passion to create innovative and leading training programs. The scalability of our training programs span to be highly impactful not only in Africa, but the world at large. We support our best students with financial resources and investments opportunities in turning ideas into reality. We are committed to ethical, socio-economic, and sustainable projects.

South African Standard Bank joins trade finance blockchain Marco Polo

The crypto economy worldwide has experienced significant milestones, fuelling the record surge of the digital asset, and the industry is expected to maintain momentum despite the fluctuations in its value. The first and second quarters of were punctuated by noteworthy developments in the field of cryptocurrencies, wherein the crypto market not only attracted retail investors, but also traditional financial institutions and large corporations that are looking to profit from the emerging trend of digital assets. The world is experiencing the greatest appreciation of cryptocurrency in history, and it is becoming clear that this will not be going away anytime soon.

Today blockchain trade finance network Marco Polo announced that the Standard Bank Group will be a new member. Marco Polo focuses on increasing trade finance efficiency by integrating ERP systems with the blockchain platform. The network offers various solutions from payment commitment to receivable discounting. Standard Bank, which is present in 20 African countries, will now be able to contribute to the governance of Marco Polo while also taking advantage of its blockchain-powered applications. Welcoming Standard Bank as a new member of our fast-growing network is another key step to deliver on our mission.

As the world quickly transitions into a global village thanks to the rapid penetration of internet networks, it is easy for some people to be left behind owing to the remoteness of their locations. In most parts of Zanzibar, an autonomous island in East Africa, for example, services by terrestrial cable and satellite networks are deficient, leaving a big percentage of the population uncovered. But, if plans by the World Mobile Group — a global telecommunications operator — materialize, many Zanzibaris will be connecting to the internet for the first time in the next few months. World Mobile is building infrastructure for last-mile connectivity using spectrums like free-space optical communication and other radio transmitters, which do not require licensing, translating to less expensive internet access. The spectrums connect to multiple air nodes to create a mesh network, providing internet coverage to far-flung villages. Watkins said that because they do not require licenses for these alternative spectrums they get a massive tax saving, which translates to cheaper internet for users.

What are the greatest hurdles? The Bitcoin ecosystem in Africa is still nascent with the Ghana, Nigeria, Kenya, and South Africa in the forefront as leading Bitcoin economies on the continent. Even though the impact can is minimal, there is rising interest in these four markets through Bitcoin exchanges and applications.