Browsing: blockchain ecosystem

Blockchain in Africa's supply chains.

The United Nations Conference on Trade and Development (UNCTAD) recently published the Economic Development for Africa 2023 Report. The document, titled “The Potential of Africa to Capture Technology-Intensive Global Supply Chains,” looks at Africa’s capacity to become a prominent player in global supply chains for “high-technology” industries, which include automobiles, mobile phones, green energy, and healthcare.…

Bola-Tinubu

Nigeria’s blockchain space has significantly influenced the continent’s tech transformations within the last decade. With Nigeria starting to settle down with its new government, attention will be drawn to its development as Africa’s Crypto leader. President Bola Tinubu expressed great interest in the rapid crypto adoption in Nigeria during the presidential campaigns. Moreover, Nigeria is the first African country to launch its CBDC and stands tall in developing the crypto industry. President Tinubu promised additional plans to improve this idea.…

Kenya Hosts Polygon’s First Web 3.0 Bootcamp in Africa www.theexchange.africa

The Bootcamp will be divided between a two-week hackathon and a six-week learning phase. Participants must create decentralised projects on the Polygon Blockchain to compete for significant cash and mentoring awards.

More than 2,000 developers from five African nations—Nigeria, Kenya, South Africa, Egypt, and Rwanda—will attend the Bootcamp, collaborating alongside many developer groups in Africa, including GDG Nairobi. Certificates will be given to each participant.

According to Shodipo Ayomide, Global Head of Developer Advocacy at Polygon Technology, one of the several financial obstacles in Africa is cross-country money transfer.…