Tag: Africa

  • Bitcoin
    Bitcoin

    BitPesa Partners with Japanese Insurance Company to Digitize Remittance Service

    Tokyo-based insurance company Sompo Holdings has partnered with BitPesa to promote digitization of its international remittance service. The news comes weeks after another Japanese player, money transfer firm SBI Remit, teamed up with the blockchain company to bring distributed ledger to transactions between Japan and African countries. Japanese...

    Ricardo Esteves | November 13, 2018 | 12:00 am
  • Griffin
    Industry

    OTC Trading Platform Paxful Is At the Forefront of a Crypto Boom in Africa

    Current financial, social, and economic conditions in Africa have contributed to the surging popularity of cryptocurrencies on the continent. For the over-the-counter (OTC) crypto trading platform Paxful, African customers account for almost $7.5 million in transactions per month. Interestingly, half of these crypto enthusiasts are under 30-years-old and...

    Thomas Delahunty | June 19, 2018 | 1:00 am
  • south africa
    Blockchain

    South Africa’s Central Bank Debuts Interbank Settlement System on JPMorgan’s Quorum

    The South African Reserve Bank (SARB) has released its report on Project Khokha, a Proof-of-Concept designed to simulate a real-world trial of a distributed ledger technology (DLT)-based wholesale payment and settlement system. Project Khokha: South Africa’s Blockchain-Based Settlement System The Proof-of-Concept (PoC) is for interbank transfers using Quorum,...

    Thomas Delahunty | June 8, 2018 | 7:30 am
  • Bitcoin

    A Startup Uses Bitcoin to Reduce Friction of Doing Business in Africa

    Bitcoin can make a positive impact on the financial industry. This is especially true when it comes to regions where financial hardship has become the new normal. Companies such as BitPesa try to disrupt the negative financial cycle in Africa by introducing Bitcoin-based solutions. Africa Needs Cryptocurrency Fighting...

    JP Buntinx | June 3, 2018 | 12:00 pm
  • events

    Happy CoinFest 2018 from NewsBTC

    It’s that time of year, again, when cities around the world unite in celebration of cryptocurrency. Part convention, part holiday, CoinFest is a decentralized and open source event in which anybody can participate. Organizers need only abide its core protocol, which is that events be free to attend...

    Andrew Wagner | April 3, 2018 | 11:45 pm
  • kenya blockchain
    Blockchain

    Kenyan Government Creates Blockchain Task Force to Modernize Infrastructure

    Kenya’s President Uhuru Kenyatta has ordered the Ministry of Information and Communication Technology (ICT) to a create a task force that will focus on how the country can leverage blockchain technology and the Internet of Things (IoT). Kenya is the most recent African country to publicly support blockchain...

    Thomas Delahunty | February 28, 2018 | 11:01 pm
  • africa
    Bitcoin

    Crypto Surging in Africa as Alternatives to Traditional Banking

    Africa is rarely considered to be one of the larger markets for cryptocurrencies, but with the right factors in place — such as an increasingly tech-savvy populous and inflation triggered by central banks — that might be set to change. Case in point: The surge in popularity of...

    Thomas Delahunty | February 18, 2018 | 11:30 pm
  • African Golix Exchange
    Bitcoin

    African Golix Exchange Values Bitcoin at Over $9,000 Right now

    Most Bitcoin exchanges around the world all attribute the same value to Bitcoin. That is a significant feat, given how Bitcoin is a free market. It is not safe from speculation and manipulation by any means, though. What is rather interesting is the current Bitcoin price on the...

    JP Buntinx | October 20, 2017 | 11:00 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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