Music producer Akon is set to launch a massive Blockchain initiative in Kenya. The initiative will be a joint effort between his Blockchain startup AKOIN and Dutch owned Effect.AI. The effort has been dubbed the “Kenyan Opportunity Hub” with its…
Visa Crypto Chief: CBDC most important trend in payments in the coming decade!
Central Bank Digital Currencies or CBDCs may just be one of the most important developments over the next decade according to Visa’s head of crypto, Cuy Sheffield. Sheffield tweeted that “as governments evaluate CBDC, the path they decide to take…
The New Crypto Agricultural Revolution
Yield farming and Liquidity Mining, are gaining traction more and more every day. It’s all part of decentralized finance (DEFI) where you stake some capital and look to gain returns by providing liquidity to certain protocols. The protocols are pegged…
Bank of Japan is now experimenting with Digital Yen
The bank of Japan has announced plans to begin experimenting with a Central Bank Digital Currency (CBDC). This is a big boost for those who champion for CBDCs as more governments are now beginning to look to that direction. The…
Russia’s Blockchain E-voting System gets Hacked
Russia’s Blockchain-based voting system for constitutional amendments has reportedly suffered an attack trough an election observer’s node. The issue was reported by state-owned agency TASS, were it was reported that the incident happened on the 27th of June 8PM CET.…
Mining Giant BHP in $14 million Iron Ore Blockchain Trade
BHP Group, the world’s largest mining company, announced having completed a $14 million iron ore trade deal using a Blockchain platform developed by Canada-based technology outfit MineHub Technologies. The transaction was carried out between BHP and China Baowu Steel Group,…
Norway’s Sea Food industry looks to Blockchain for Traceability.
The Norwegian Sea Food Association has announced plans for a new cross-industry collaboration that will make use of Blockchain technology to share supply chain data in the country’s sea food industry. The move is aimed at sourcing for better sea…
Kenyan Metropolis to adopt Akon’s Akoin
Akon’s cryptocurrency company, Akoin has secured an agreement to become the main currency in Mwale Medical and Technology City MMTC in Western Kenya. Mwale Medical and Technology City is a $2 Billion metropolis with a medical and technology complex in…
Russia’s Ministry of Justice against Proposed Crypto Ban
Russia’s Ministry of Justice has stood against a new draft proposal that seeks to ban crypto operations in the country. The move by the ministry came barely a week before the ministry of Economic Development distanced itself from the new…
Trump Wanted to Fire Bitcoin!
Former national security advisor John Bolton revealed that Trump wanted regulations in place against Bitcoin. Trump has been vocal before on twitter about his disapproval of Bitcoin, wanting regulators to stop or slow down crypto’s disruption of the financial sector.…