Blockchain Smart Meters: Solution to Africa’s Utility Crisis and Struggling Schools?
Bankymoon, a South African-based Bitcoin solutions company, is changing how people pay for utilities, making them more affordable. Bitcoinist spoke with Lorien Gamaroff, founder and CEO of Bankymoon, to find out more about the utility crisis in Africa and what Bankymoon is doing to solve it. Lorien, a South Africa native, shared with us about the crisis and how it is impacting Africans and the education system. Today, Africa is in a state of crisis due to its current unsustainable utility metering system. This metering system is what’s referred to as “post-paid,” meaning consumers pay....
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South African Bitcoin startup Bankymoon has built the world's first blockchain smart metering solution for modern power and utility grids, VentureBurn reports. The startup outlined its plans in a presentation titled "Smart Grids and the Blockchain - Bitcoin's first killer App" at the recent Bitcoin Conference Africa in Cape Town, South Africa. Lorien Gamaroff, founder and CEO of Bankymoon, is expected to give another presentation on May 14 at the Bitcoin Conference in Prague. Modern "smart grids" permit efficient management of supply and demand, with Internet-connected "smart meters" that....
The two-day ‘Building Blocks’ Hackathon at Consensus 2016 concluded today with the news that Decentralized Energy Utility, a project aimed at improving utility services in the developing world, had been named the $5,000 grand prize winner. In total, 26 projects were presented, a figured event emcee and CoinDesk team lead Ryan Selkis indicated was an increase from the 15 participants last year. Each group had two days to build a blockchain project, with the winner being the one that developed the prototype that had the most immediate commercial application. Boasting a two-person....
A new blockchain system will be used to manage and track COVID-19 exposure among students and staff in multiple charter schools across California state. The new applications and measures being implemented by public health authorities across the world during the COVID-19 pandemic have sparked debate over how to balance biosurveillance with individuals' right to the privacy of their personal information.In California, the Collaborative Charter Services Organization, which provides administrative support services to charter schools, has chosen to roll out a pandemic management system that....
New York City Mayor-elect Eric Adams plans to make NYC the center of crypto and innovation. He says we must open our schools to teach cryptocurrency and blockchain technology, noting that bitcoin is “a new way of paying for goods and services throughout the entire globe.”
NYC Mayor-Elect Wants Schools to Teach Bitcoin, Crypto, Blockchain
New York City Mayor-elect Eric Adams talked about making NYC the center for innovation and cryptocurrency in an interview with CNN Business Sunday. He also explained the reasoning behind his tweet saying that he will take his first....
Johannesburg energy management company Invirohub is giving consumers new a way to buy prepaid electricity: bitcoin. Smart meters manufactured by the company will integrate wallet addresses, 3G SIMs and a server connection to compute an up-to-the-minute bitcoin price. Customers simply send their bitcoin to their meter's wallet address and Invirohub will credit them with a commensurate amount of electricity. "All this came together in my mind a few weeks ago where I realised that it wouldn't take much effort at all to integrate bitcoin into our current software," said Technical Director....