Thirteen central banks met in Kenya recently to discuss the impact of CBDCs on cross-border payments while still ensuring AML and CFT standards are adhered to.
E-Livestock Global is offering a blockchain solution for such customers that makes use of an RFID system to trace cows’ histories, enabling buyers to learn about a cow’s health records, among others.
In his presentation, Ahmed Yousif talked about the role of blockchain in government and smart cities, calling on young Nigerians to build their own on the blockchain.
The Centbee co-founder talked about how BSV’s instant transactions and low fees allow any African to easily send money across the world at Digital Nigeria.
From Jimmy Nguyen to Lorien Gamaroff and Ahmed Youssif, BSV blockchain was well represented at the Digital Nigeria event, and the message was clear—it’s time for Africa.
The lack of clarity on CBDCs and virtual currencies among Nigerians led to a slump in eNaira adoption rates, forcing the central bank to offer transport incentives to drive up adoption.
The Financial Sector Conduct Authority now classifies digital assets as digital representations of value built on DLT, the first step towards bringing digital currencies under the country’s laws.
Mohammed Ibrahim Jega has spearheaded BSV efforts in West Africa, including by setting up a lab in Nigeria to foster bold ideas and assembling 1,000 devs to teach them about BSV.
The solution that the AgriTech start-up has created gives a unique digital ‘passport’ for each animal, confidentially embedding data about ownership, vaccinations, and movements.
The MENA region processed digital asset trade worth nearly $600 million in a 12-month window, according to a Chainalysis report.
Off a successful inaugural Blockchain Developers Summit, Mohammed Ibrahim Jega tells CoinGeek that Domineum will be anchoring the Nigerian government’s Blockchain Day in October.