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September 13, 2017 •
East Africa, General, North Africa, Online & Social, Southern Africa, Top Stories, West Africa •
Dean Workman •
Comments (0)
Custos Media Technologies, a South African company that provides a globally effective solution to piracy by outsourcing the detection of pirated content using Bitcoin and its blockchain, announced on Wednesday 13 September 2017 that the company will be...
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September 12, 2017 •
East Africa, Features, Finance, North Africa, Southern Africa, Startups, Top Stories, Video, West Africa •
Dean Workman •
Comments (0)
IT News Africa recently sat down with the CEO and Founder of ProperiProp, Llew Morkel, who looked to demystify the world of Bitcoin by breaking down the facets that contribute to this disruptive technology. ProsperiProp is a fintech startup that makes it...
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July 26, 2017 •
East Africa, Finance, Opinion, Security •
Fundisiwe Maseko •
Comments Off on Uganda on the Fintech curve
In the financial world, technological disruption is nothing new, having triggered far-reaching change over the centuries. The banking world of today is poles apart from that of ancient Babylon where merchants offered grain to farmers to transport goods. The...
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July 5, 2017 •
Finance, Southern Africa, Startups, Top Stories •
Dean Workman •
Comments Off on South Africa: Blockchain startup to service R50 billion Township economy
Ekasi-bucks, a blockchain startup company based in South Africa, will be looking to make an impact on South Africa’s Townships by providing Financial systems to Township-based small businesses. These businesses operate in an economy estimated to be...
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May 16, 2017 •
Finance, General, Startups, Top Stories •
Dean Workman •
Comments Off on New Bitcoin Remittance Service available in Nigeria, Kenya
Remitano, a Vietnamese platform that enables international transfers using Bitcoin. Using its current Escrow platform, Remitano users will be able to transfer funds quickly and securely across borders. Nigeria, Kenya and Tanzania are the African countries...
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March 27, 2017 •
Events, Finance, Top Stories, West Africa •
Dean Workman •
Comments Off on CoinFest to hit Nigeria
African Youth Peace Call (AYPC), Nigeria, is set to host CoinFest Nigeria, an international gathering of BitCoiners, Crypto-Enthusiasts, Programmers/Developers, (eCommerce) Entrepreneurs, Merchants, and Traders, as a way of creating an incentive to...
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February 28, 2017 •
Finance, General, Opinion, Southern Africa •
Dean Workman •
Comments Off on Financial Product Wrappers: A regulatory home for the wayward BitCoin?
As crucial as BitCoin may be to the growing global financial markets and as much as it may revolutionise concepts relating to payment and economic freedom, its volatile market value, reports of hacking and theft and alleged dalliance with the “dark...
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February 21, 2017 •
Finance, Lists, Top Stories •
Dean Workman •
Comments Off on 5 African Blockchain Companies to watch
Blockchain is undoubtedly one of the hottest topics in the tech industry. When people think of Blockchain their initial thought lean towards cryptocurrencies and fintech; it is however far more than just a new payment system. Blockchain can potentially...
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January 31, 2017 •
Finance, Opinion •
Fundisiwe Maseko •
Comments (1)
From digital banks to mobile-payment solutions, technology is set to change the South African financial services landscape at a pace that will continue to surprise even the most hard-core non-believer. Digital banks On the banking front, 2017 will be the year...
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January 16, 2017 •
Finance, Top Stories, West Africa •
Dean Workman •
Comments (4)
Securities and Exchange Commission (SEC) of Nigeria has issued a warning to all Nigerians about the danger of investing their money into cryptocurrencies (digital currencies) such as Bitcoin according to a report in BuzzNigeria. In a statement released by the...
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September 7, 2016 •
Finance, Southern Africa, Top Stories •
Staff Writer •
Comments Off on Regulating virtual currencies in South Africa
The provision of banking and financial services in South Africa is a highly regulated activity and the revolutionary Fintech (financial technology) is posing a significant challenge to the current regulatory framework. The challenge has been acknowledged by...
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June 21, 2016 •
Gadgets and Gaming, People, Top Stories •
Darryl Linington •
Comments Off on Bitcoin Foundation names new executive director
The Bitcoin Foundation has revealed the appointment of Llew Claasen as Executive Director, effective July 1 2016. Llew brings many years of international tech experience and project management skills. He was elected by a board of directors vote on June 14...
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April 26, 2016 •
East Africa, North Africa, Opinion, Southern Africa, Top Stories, West Africa •
Darryl Linington •
Comments Off on Could Cryptocurrencies be the next big thing in Africa?
Mobile money is booming in Africa, and digital currencies are at a close second, due to the same reason: 30% of Africans lack access to traditional financial services such as bank accounts and credit cards. Consequently, they are mostly limited to cash...
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March 15, 2016 •
Opinion, Top Stories •
Darryl Linington •
Comments Off on Forrester cautions against blockchain over-exuberance
While Blockchain technology is certainly worth investigating, CIOs should not be fooled into thinking it is the panacea for all the potential use cases currently under discussion. Forrester principal analyst, Martha Bennett is advising a healthy dose of...
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February 3, 2016 •
General, Southern Africa, Top Stories •
IT News Africa •
Comments Off on What are the barriers to Bitcoin adoption in South Africa?
Amid the current global economic turmoil the largely misunderstood and somewhat maligned cryptocurrency, Bitcoin, has come into the spotlight as a realistic foil for existing payment methods. While the Bitcoin debate rages, fuelled by the emergence of the...
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May 22, 2015 •
Top Stories •
Darryl Linington •
Comments Off on Kenya’s BitPesa launches remittance service for Tanzania
With many Africans finding work and residence abroad, remittances are a key aspect of economies – especially in East Africa where the number of citizens traveling and working outside their countries of origin is steadily increasing. The result is that...
