Why Africa Needs Cryptocurrencies

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Home to 54 countries, the most on any continent, Africa’s growth in finance and banking has not been tremendous. Out of the unbanked population in the world, 350 million of them live in Africa, representing 17 percent of the global figure. The situation looks grimmer when you come to the continent: the unbanked represent between 66 and 80 percent of the population of Africa. There are many causes for this appalling situation, including numerous political, economic, and social problems ...read more

Going Off The Chain!

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The cryptocurrency community has a lot to keep up with. There are many different aspects of the networks that get debated in the crypto-community constantly. From blocksize, to blocktime, to specific transaction scripting, this nascent technology has a lot of neat features and customizations. One of these features that can be taken advantage of is off-chain transactions, which allow for instant and free transfers of money. Because this type of transaction is not the default operation, some may m ...read more

Weekly roundup Jan. 14-18

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Today signaled the close of another week in the crypto space. January is now already more than halfway over, and the market still has not seen much public interest in bitcoin, as reflected in its struggle to maintain any kind of upward price momentum. Bitcoin’s price this week showed consolidation in the mid-$3,000 range. News headlines, however, continued to roll in, spicing up bitcoin’s slow week. Check out some of this week’s top headlines: $100 in funds returned after ...read more

Stability Tokens on The Move!

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Within the stable coin community, there possibilities are expanding quickly. Most of the stable coins are striving to be backed by a fiat equivalent. This provides their values to be more or less as stable as the fiat that they are tied to. We are going to take a look at Tether (USDT), DigixGold (DGX), and OneGram Coin (OGC). All three of these are tied to some real-world source of value. The latter is looking at this principle idea in a somewhat different but important way. Tether is ...read more

Ontology’s distributed trust platform defines digital identity protocols

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Ontology (ONT) is a “distributed trust network” which also provides the “infrastructure” for creating a “trust ecosystem.” The Ontology network promotes “trust cooperation” and it allows a diverse group of business and technology projects to use its distributed trust platform. According to its official website, Ontology is the first Chinese blockchain-related project to become a member of the Decentralized Identity Foundation, which is an orga ...read more