South African University to Commence Blockchain and Digital Currency Educatio...
A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes starting in November. According to the institution, students that enroll and complete the $693 six-week course will be issued a legal certificate. Better Understanding of Blockchain As explained on UCT’s website, students that successfully complete the short course will walk away with “an understanding of how blockchain technology fits into the existing financial systems.” They will also gain an understanding of “how....
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A South African university has said starting this year it will issue blockchain-based certificates to students graduating from the learning institution. University administrators argued that a blockchain-based certification system will help prevent fraud and end the production of fake documents. QR Code for Each Certificate A South African learning institution, the University of Johannesburg (UJ), has said it will issue blockchain-based certificates to its graduates starting this year, a report has said. According to the report, each qualification document issued by the university will....
A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation.
History Will Repeat Itself
In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained:
Technology has prevailed against violent and....
The South African Reserve Bank may be willing to introduce blockchain based, digital version of its fiat currency. The use of cryptocurrencies as legal tender is one of the most discussed topics among the cryptocurrency community members. The very thing may soon happen in South Africa. One of the South African financial magazines has recently reported about the willingness of the South African Reserve Bank to issue digital version of its fiat currency. The new currency referred to as the “national digital currency” is expected to be based on blockchain technology. The publication, in its....
Styled after the most prominent crypto-currency, Bitcoin, Madibacoin is a South African mobile company’s attempt to enter the fray. Yes, another day, another alt-coin. This time, it is Madibacoin, whose creators are so far only known as “two South African’s with PhD degrees from the University of Pretoria.” Not to be confused with the commemorative version, the Madibacoin can certainly be labeled a Bitcoin clone from a South African mobile marketing company, Mahala Mobile. The name for the new digital coin has been taken from a nickname for South Africa’s late president, Nelson Mandela,....
A group of South African banks have pushed ahead with plans to test blockchain applications in a partnership that has drawn support from key regulators in the country. As reported by local outlets IT Web and MoneyWeb, the project included teams from Standard Chartered, Absa, Rand Merchant Bank, Investec and Nedbank. Supporters of the initiative included the Financial Services Board, a major finance regulator; Strate, the country’s central securities depository; and the South African Reserve Bank. The institutions involved developed and tested a system for issuing syndicated loans via....