Bitcoin Startups Believe Africa Is Fertile Ground for Crypto-Solutions
Bitcoin is growing in popularity in Africa particularly in regions such as Kenya, Nigeria, and Ghana. This week the Hong Kong-based Bitspark has launched a remittance service to Nigeria at rates 14.4 percent better than competitors, by leveraging the speed and efficiency of the Bitcoin network. Bitspark Offers Cheaper Remittances by Leveraging the....
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According to the World Bank’s Global Financial Inclusion Index, Africa has the highest mobile money adoption rate in the world. Worldwide, only 2 percent of the population possesses a mobile money account; in Africa, 12 percent of the population uses mobile money. Africa’s affinity for mobile money is one of the main reasons why many members of the Bitcoin community believe that the region is fertile ground for bitcoin adoption, especially to meet the needs of the large underbanked population that often relies on mobile money to send and receive payments. However, the reality is that....
Bitcoin awareness grows in Sardinia, Italy, the island otherwise called ‘The Lonely Planet.’ Associazione Bitcoin Sardegna is engaged in the promotion and advancement of Bitcoin and Blockchain technology through advocacy, education and support for adoption. A fertile ground for Bitcoin. Francesco Piras, President of Associazione Bitcoin Sardegna, tells Cointelegraph that the organisation is comprised of enthusiasts who believe that . According to Piras, Sardinia is a fertile ground where insularity is not an obstacle for Bitcoin, but can be the incentive to mature experiences and global....
The year 2017 is predicted to push fintech and blockchain segment in South Africa. The next fintech and blockchain revolution is waiting to happen in South Africa. The country is already home for some of the most innovative startups, and with the new fintech wave catching up, more startups are expected to raise their heads by the end of this year. According to a leading regional startup news platform, most of the innovations in the year 2017 will be focused on mobile payments, digital banking, Bitcoin, SME financing, data analytics, real estate and automation solutions. Incidentally, all....
The global pandemic and interwoven political and economic crises became fertile ground for Bitcoin to become a tool for human rights.
African blockchain-related startups will pitch new products at SWIFT African Regional Conference in Mauritius on May 18. Three African companies were selected by over one hundred judges from across the financial, technology, and investment communities. The total of 89 applications has been evaluated for the second edition of the Startup Challenge. During the showcase, the audience will vote for the three best startups out of 12. Then, the companies will be invited to Sibos, SWIFT’s annual global financial services conference, taking place from 26-29 September in Geneva. The three finalists....