July 19, 2019
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  • Galaxy S10 Poses an Inbuilt Cryptocurrency Wallet

    Still basking in the euphoria of the samsung galaxy S10 the latest from the staples of smartphone giant samsung. The new smartphone poses an all-new display that avoids the dreaded notch by floating a camera cutout on the top-right corner of the display instead. Beyond aesthetics, however, it appears Samsung…

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  • Gric coin using Blockchain to Curb Challenges in the Agricultural Sector in Nigeria.

    Agriculture is a major contributor to the economy of Nigeria, but there are several challenges encountered by the farmers at several stages of the production, Lack of finance for agricultural projects, Lack of standardization in processing and packaging of agricultural produce, Lack of transparency, Lack of adequate and proper food…

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  • Facebook going into crypto-currency….using WhatsApp

    Tech giant Facebook has been in the news for many reasons – data leaks, product announcements, boardroom tussles…..you name it. It has been a roller coaster year of some sorts! Now it appears Mark Zuckerberg and co are taking their innovation to another level by turning attention to financial services.…

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  • NDIC to monitor cryptocurrency risks

    As Nigerians continue to embrace the use of cryptocurrencies for financial transactions, the Nigeria Deposit Insurance Corporation (NDIC) has promised to monitor financial risks. Kabir Katata, Deputy Director of the Research Department, NDIC, says while cryptocurrencies do not pose financial stability risks, they still raise notable concerns such as consumer and investor…

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  • Ventures platform, ARM to launch fintech accelerator

    In a bid to expand Nigeria’s emerging FinTech industry, Ventures Platform is partnering with Nigerian assest and finance management firm ARM to launch a Corporate Fintech Accelerator – “Labs by ARM.” The 12-week intensive program is designed to help early & growth stage FinTech startup’s commercialize & massively distribute their innovations. Kola…

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  • Sterling Bank, AFEX turn to blockchain technology to boost agriculture

    Sterling Bank and AFEX Commodities Exchange have turned to blockchain technology by launching a digital platform that would de-risk farmers and make agriculture commodity trading more profitable in Nigeria and other emerging economies. Sterling Bank Chief Executive, Abubakar Suleiman, said  in Lagos that the platform, launched in partnership with Binkabi, would…

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  • Swedish central bank set to test digital currency

    The Swedish central bank – Riksbank, has rolled out plans to test a digital currency, the e-krona. It’s part of the Scandinavian nation’s  vision of a cashless society. The pilot store will only accept digital payments in the form of bank cards and smartphone-based pay solutions. The e-krona initiative is…

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  • Fearing cryptocurrencies, Britain halts launch of ‘digital gold’

    Britain’s Royal Mint has frozen plans to launch a digital gold token after a partnership with U.S. exchange group CME failed. The government vetoed a plan to have the tokens trade on a crypto currency exchange, three sources told the Media. The demise of the potentially ground-breaking project, named Royal…

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  • Kenya to use blockchain technology for mass-housing development

    The Kenyan government is turning to blockchain technology to build 500,000 houses by 2020. Making this known in Nairobi, Charles Hinga, principal secretary of housing and urban development said this project would also address the country’s housing deficit. Through blockchain technology, Hinga said Kenya hopes to provide housing for citizens that earn…

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