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Cryptocurrency is the great African opportunity

Cryptocurrency is the great African opportunity

Breaking News, FinTech, What's Hot
  Cryptocurrencies are gradually being discovered in Africa. In countries like South Africa, Ghana, Kenya, Botswana, Zimbabwe and Nigeria, there is a semblance of digital currencies, primarily bitcoin, taking roots. Blockchain or DLT (distributed ledger technology) can be seen as the solution for Africa’s current problems and future growth. Bitcoin, based on blockchain, could be the engine for African growth, and could fuel the continent’s great leap forward. It is important to first define a few concepts in the field of cryptocurrency. As such, cryptocurrency itself is defined as a digital asset designed to work as a medium of exchange, using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are class
African rulers’ weapon against web-based dissent: the off switch

African rulers’ weapon against web-based dissent: the off switch

Applications, Start Ups, What's Hot
DAKAR: Rapidly expanding access to the Internet across Africa is helping grassroots opposition movements take on once-invulnerable regimes. Many entrenched rulers have a simple response: pulling the plug. While countries in the Middle East and China employ firewalls and block virtual private networks to control web access, leaders in Africa increasingly prefer the blunter instrument of outright outages. Critics say that infringes not just the rights of individuals but also undermines the burgeoning economies of some of the world's poorest countries. Since the start of 2016, governments in 13 African nations have intentionally shut down the Internet on 21 occasions, mainly during elections and protests, according to a database run by online rights group Access Now. That compares to...
Ghana’s Dext Technology to represent Africa at ISHOW 2017

Ghana’s Dext Technology to represent Africa at ISHOW 2017

Gizmos, Start Ups, What's Hot
Ghanaian hardware startup, DEXT Technology is among 3 innovative start-ups selected to represent Africa in this year’s Innovative Showcase(ISHOW), a global competition for hardware-led social innovations. The competition, organized by the American Society of Mechanical Engineers (ASME) is scheduled to take place in the USA from the 18th to the 20th of October 2017. ISHOW is open to individuals and organizations taking physical products that will have social impact  to the market. Dext  Technology became part of the competition after going through the first event held in Kenya in May 2017.   The competition and event will feature start-ups from various countries, and Ghana’s team DEXT - made up of Charles Ofori Antipem and Micheal Asante-Afrifa (designers of
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