Over the past few years, Africa has become a hotbed for FinTech across the board, gulping up investments higher than any other sector on the continent. This is a natural occurrence, as 66 percent of Sub-Saharan Africa (SSA) remains unbanked, these innovative financial startups have mushroomed all over to meet the rising demand for financial […]
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It comes as no surprise that the gaming industry has witnessed an astronomical rise for the past decade, even more so under the circumstances brought forth by the Covid-19 pandemic. The global video game market is forecast to be worth $159 billion in 2020, around four times box office revenues ($43 billion in 2019) and […]
By ADRIAN SAINZ Associated Press MEMPHIS, Tenn. (AP) — Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights to his life story for a documentary, prosecutors in Tennessee said Monday. A June […]
Since the start of the pandemic, we have witnessed a lot of changes in the world around us. Many businesses have suffered huge losses amid the crisis, whilst others achieved success by turning challenges into meaningful change. What are the requirements today to launch and sustain a successful venture? Business leaders, entrepreneurs and venture capitalists […]
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — A Japanese high court on Thursday upheld a lower court’s decision that the French head of Mt. Gox, a Tokyo-based bitcoin exchange that went bankrupt after a massive hacking attack, was guilty of manipulating electronic data but not embezzlement. The Tokyo District Court last year sentenced […]
Blockchain technology has revolutionized the internet, enabling digital information to be distributed but not copied – a digital ledger of economic transactions and a fundamental technology behind cryptocurrencies. However, blockchain provides a mechanism to apply a decentralized consensus for a wide variety of other applications. Based on increasing online traffic, it is becoming essential for […]
Recently, it seems that the global community has jumped aboard the digital currency bandwagon with China’s exploration of a digital yuan, to Facebook’s Libra. Now, Japan are working on a proposal for the county, to issue its own digital currency – the digital yen. This is said to be a joint initiative between the government and […]
Considered a disruptive technology because of the increasing realization of its ability to transform across multiple industries, blockchain removes any requirement for ‘middle men’ and reconciliation processes as it guarantees the validity of its data using shared infrastructure. At the point of creation, this data is recognised as valid by all parties and can’t be […]