Nigeria Embraces Blockchain, Trains 32,000 Citizens
The Nigerian government has approved a comprehensive framework for integrating blockchain technology into various economic sectors. What the Policy Aims to Accomplish The National Blockchain Policy is a roadmap for Nigeria’s adoption and utilization of blockchain and other emerging technologies. It was approved by President Muhammadu Buhari on May 3, 2023, after consultations with 56 […]
IOTX to Ethereum bridge approved by IoTeX community vote
The blockchain industry has witnessed a major development as IoTeX’s community has voted in favor of Improvement Protocol 21 (IIP-21), a proposal to create a cross-chain bridge between IOTX, the native coin of the IoTeX network, and Ethereum. The proposal received strong backing from the IoTeX community, with 306 million IOTX (73.77%) voting for the […]
Samsung and BOK team up for offline CBDC tech
Samsung and the Bank of Korea are working together to develop offline CBDC technology that can enable secure and reliable transactions using digital currency on Samsung devices with NFC. In a strategic pivot toward the future of finance, South Korean technology giant Samsung has partnered with the Bank of Korea (BOK) to enter the field […]
Nomba Raises $30M to Boost Payment Solutions In Africa
Formerly known as Kudi, the Nigerian payments firm secured a pre-Series B fundraising round led by Base10 Partners to develop and expand its innovative products and services. Nomba, a Nigerian payments firm, raised $30 million in funding before Series B. Base10 Partners of San Francisco headed the startup’s oversubscribed equity round and included major investors […]
How Blockchain Is Changing The Landscape Of Virtual Asset Trading
Blockchain, a distributed ledger, lets numerous parties record transactions without a central authority, this impact has spread to virtual asset trading. In this article, we’ll learn how blockchain is changing the landscape of virtual asset trading . Potential benefits associated with virtual assets are numerous. They have the ability to streamline the payment process, reduce […]