The Central Bank of Nigeria (CBN) said Monday it will work with Bitt Inc., a blockchain and payments startup, to launch the African nation’s eNaira digital currency later this year.
International banking group Standard Chartered (SC) and a supply chain fintech services company in China will jointly create a blockchain-based trade finance platform.
There are multiple aspects of blockchain — from business to technical and more — but with the way the industry is exploding, it’s really hard to get it right.
According to Deloitte’s “2021 Global Blockchain Survey,” 81% of the financial services industry (FSI) executives believe that blockchain technology is “broadly scalable” and has achieved mainstream adoption.
Aiming to tackle the supply chain issues that impact the stock and expiry of COVID-19 vaccines, Tech Mahindra and blockchain firm StaTwig will roll out a “VaccineLedger” solution worldwide.
The Blockchain Network (BN), a not-for-profit organization focused on promoting the development and adoption of blockchain technology, will host its fourth virtual conference in Ghana, on September 15-16, 2021.
With Celo’s mobile-first stablecoin platform, CARE aims to achieve a quicker, cheaper and more traceable way of delivering aid. Celo’s cUSD stablecoin will be used for a voucher-based system to disseminate humanitarian aid to Ecuadorian women in need of health services.
A significant migration from paper currency to digital means of payment will take place in the next few years, according to João Manoel Pinho de Mello, a director of the Central Bank of Brazil (BCB).
The first-ever virtual version of Blockchain Africa delivered an optimistic outlook for the cryptocurrency and blockchain space in the continent as the world settles into a new normal dictated by COVID-19.
The main issue inhibiting regulation seems to be a combination of resistance and indecision both from regulators, which has majorly been a result of little or no understanding of cryptocurrencies.
