Bitcoin prices have surged in 2018, but the number of users in Africa has surged.

According to Coindesk, despite the huge fluctuations in bitcoin prices in 2018, the number of African users has soared. According to Ray Youssef, CEO of digital currency exchange Paxful, African bitcoin dealers accounted for 41% of all new users on the platform in 2018. On average, their transaction value is less than $90, and the platform has 160,000 monthly active users. Paxful hopes …

Crypto Currencies Fell Across The board, Bitcoin Ethereum and More

Leading indicators have fallen again:  Digital currency fell across the board, Bitcoin,Ethereum attack etc. to erased all this year’s gains On Thursday, January 10, the digital currency plummeted across the board. The “big brother” bitcoin fell more than $400 in the morning, falling more than 10% to below $3,591. Although it has now returned above $3,700, this price is still hitting a …

Blockchain Has Great Potential In The African Market

Technology blog site Venturebeat recently wrote that due to many regulatory policies and increased development costs, the blockchain has gained fertile ground and more opportunities in the African continent. Therefore, the article believes that The blockchain will show great potential for growth in the African market. The following is the main content of the Venturebeat website article. In early March, a …

Why The Cryptocurrency Market Is Down

cryptocurrencies and bitcoin down

 It came as a surprise to the entire universe when roughly ten of the world’s biggest cryptocurrencies descended in an enormous fall. Every cryptocurrency including the world’s favorite Ethereum, Ripple, Bitcoin, and even LiteCoin joined in the fall in what some investigators now refer to as a crypto bloodbath. Meanwhile, when it gets down to cryptocurrency, the process of asking …

Block chain Technology : Views and Challenges For This Year

Block chain technology is undoubtedly the most innovative technology in this generation. The post summarizes some key views through out last year and end up with what bitcoin an block chain technology has for the future/ McKinsey: The blockchain industry is in the first stage of development According to bitcoinist news, McKinsey & Company released a report on the blockchain. …

10 Things Not True About Block Chain Technology

controversies of block chain technology

Blockchain technology is still in the exploratory stage. Although foreign countries are more comprehensive in this respect than domestic ones, the education system about blockchain knowledge ecology is still far from mature. In Africa, the basic knowledge of blockchain is mixed. Some newcomers who want to get started enter the wrong path as soon as they enter the door. Some …

Cryptocurrencies and Banks in Africa

block chain africa

Bitcoin and blockchain technology are all set for widspread adoption in Africa, where the population is well positioned to adopt these innovative technologies as alternatives to expensive and/or outdated banking systems, scattered throughout the continent The lack of economic infrastructure and inadequate financial education have deprived a large part of the African bank accounts or basic monetary means. However, in …

Bankera Exchange and Spectrocoin 2018

Bankera To Focus on Exchange Development 2018 has been quite a ride for Bankera. After finishing up ICO, we focused all our energy on product development to be able to present you with tangible, next-generation blockchain solutions for all your financial needs. There have been ups and downs along the way, but we wrapped up 2018 happy about the goals we …

Cryptocurrencies and the Contribution of Women

Many cryptocurrencies are Subarbanized systems based on blockchain technology, a distributed ledger enforced by a discortant network of computers. There are thousands of proxy cryptocurrencies with various functions or cataloguing. The first cryptocurrency to capture public imagination was bitcoin which was launched in 2009 under incognito by satoshi nakamoto there are thousands of interspersed cryptocurrencies with various functions or instancing. …