Blockchain Archives - AfricaBusiness.com

25Jul

By Africa BusinessNo Comments

South Africa News

Industry-led tech solution designed to bring SA’s minibus taxis into the digital age

The Wealth On Wheels (WOW) initiative was launched at the recent Southern African National Transport Conference (SATC) in Pretoria. This initiative, led by the Eastern Cape Transport Tertiary Cooperative Limited (ECTTC) - the business arm of the South African National Taxi Council (SANTACO), in partnership with Ecentric Payment Systems and FORUS Digital, aims to revolutionise the local minibus taxi industry. The initiative seeks to use innovative technologies such as digital cash payments and blockchain to help minibus owners enhance operations and maximise their revenue, while creating a safer and more secure environment for the travelling public. The WOW platform will introduce digital cash payments, advanced fleet and vehicle management systems with GPS, camera monitoring, fuel rebates,...

18Oct

By Africa BusinessNo Comments

Fintech

Blockchain’s crypto-tainted history is holding us back from accessing secure data storage

By Simon Bain, CEO at OmniIndex Web3 and Data Security expert Simon Bain discusses blockchain’s bad rep, it’s potential outside of cryptocurrency and how it could revolutionise how we protect our vulnerable data In 1991, two scientists first introduced the concept of blockchain technology, seeking a way to time-stamp digital documents so that they couldn’t be tampered with or misdated. In short, a blockchain is a distributed ledger suited to the storing of files and data. It combines a number of different technologies including enhanced encryption and AI and as a result offers many security and privacy advantages over traditional cloud storage solutions. Many people will associate blockchain with cryptocurrency, because perhaps its most famous use in recent years is to store and manage ...

12Aug

By Africa BusinessNo Comments

Events, South Africa News, Tech

Unlocking the Future: South Africa – Swiss Blockchain Innovation Challenge

A New Horizon for Innovation: South Africa is on the cusp of a transformational journey as digital innovation surmounts barriers and blockchain technology opens up new frontiers. The Blockchain Innovation Challenge, a landmark event characterized by collaboration and visionary thinking, transcends the bounds of a conventional competition and emerges as a catalyst for change in a region ripe with untapped potential. The SA Innovation Summit proudly presents the Blockchain Innovation Challenge. As ChatGPT disrupted the tech world, blockchain technology now stands poised as the next disruptor. This pioneering competition is a part of a holistic collaboration encompassing Innovation, Entrepreneurship, Education, Economy, Dialogue, and Networks, all aimed at exploring blockchain's potential t...

28Oct

By Andrea TuckerNo Comments

Fintech, South Africa News

How business can harness the power of blockchain

By Andrea Tucker, Head of Research & Development and Strategic Projects at fintech specialist e4 In today’s digital world, where faxes have all but been replaced by email and landlines by smartphones, doesn’t it seem strange that we’re still signing contracts in person? That we’re driving hours to do so, creating mountains of paper trails, and storing them in lever arch files to gather dust, when the technology exists to eliminate this physical burden? Blockchain has been proven to solve this problem, yet its business adoption has been slow. The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. It’s time for the way we do admini...

13Jul

By Arab NewswireNo Comments

Fintech

Bushra Mahdi appointed as the Brand Ambassador for Tetra Pay International in the GCC and MENA region

Bushra Mahdi is appointed as the brand ambassador for Tetra Pay International INC for the countries in the GCC and the MENA alliance of nations. Leading Instagram influencer, Bushra has over 299 thousand followers on her Instagram page making her a youth icon. She is also the founder of Red Films, owing to her passion for cinema and her knack of giving back to society. DUBAI, UAE – (Arab Newswire) - Tetra Pay International INC proudly presents Bushra Mahdi as the brand ambassador to represent the GCC and MENA countries. Bushra is one of the most well-known influencers on Instagram having an extensive follower base of more than 299,000 followers. Bushra has worked extensively with several of UAE’s esteemed organisations which includes the ministry of Interiors and Security Media of Ab...

The lessons of 2020 are driving trends in business leadership and Fintech for 2021, says Innovate1Pay Chairman Mahmood Ahmadu

3Feb

By Neha KaulNo Comments

Fintech, Nigeria News

The lessons of 2020 are driving trends in business leadership and Fintech for 2021, says Innovate1Pay Chairman Mahmood Ahmadu

Entrepreneur, Philanthropist and Chairman of Nigerian Fintech firm Innovate1Pay, Mahmood Ahmadu has shared his vision for 2021, as businesses reopen in the new normal. Drawing on the pragmatic leadership required in a highly disruptive 2020, and the positive impact of Fintech during the crisis, Mr Ahmadu believes that the building on these lessons will be crucial for economic revival, in 2021. Founder and Chairman of Nigerian Fintech firm Innovate1Pay, Mr Mahmood Ahmadu has called on business leaders to contextualize their 2021 strategies, in light of the lessons learnt from the disruption due to the COVID-19 pandemic in 2020. Widely acknowledged as one of the leading African entrepreneurs - and recipient of the Forbes Africa Award and Euro-knowledge Award in 2020, for his philanthropy ...

Dubai’s IBC Group to partner with ARTIFI, pledges 10,000 Bitcoin to empower women artists globally through digital tokenization of artwork

3Feb

By Neha KaulNo Comments

Art, Fintech

Dubai’s IBC Group to partner with ARTIFI, pledges 10,000 Bitcoin to empower women artists globally through digital tokenization of artwork

Dubai’s IBC Group has announced that it will partner with the Artifi Collection, an exclusive art gallery based in Canada that promotes the work of women artists and indigenous communities, to create Blockchain-based tokens that allow artwork to be sold and traded. The initiative aims to financially empower artists from around the world, through a mechanism that allows them to monetize their portfolio using Non Fungible Tokens (NFT). Reshmeen Hooda, Co-Chairperson of Dubai’s IBC group, has announced that her group of companies will partner with Artifi, an art gallery and tokenization initiative by Canadian feminist, philanthropist and art collector Nazima Khan, to promote women artists globally. The IBC Group will leverage its extensive experience in Blockchain and crypto markets, to enab...

N’Gunu Tiny on How blockchain funding will disrupt the games industry in Africa

15Sep

By Veselina DzhingarovaNo Comments

Fintech, Interview, Kenya News

N’Gunu Tiny on How blockchain funding will disrupt the games industry in Africa

N’Gunu Tiny, Founder and Executive Chairman of the Emerald Group is an expert in Fintech, blockchain and innovative tech. Here’s his take on the impact blockchain could have on the gaming industry in Africa and around the world. The global gaming industry is one of the few that has managed to thrive in 2020. Lockdown only increased the number of console and online gamers around the world. And there are no signs of it slowing down. In fact, with the integration of blockchain technology, gaming and how it’s funded is about to evolve onto a whole new level. How does the games industry in Africa compare with the rest of the world? Before we look at how this will affect Africa specifically, it’s important to look at the global gaming industry in context. Taking one of the biggest online games...