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EcoHack Africa 2018 Aims to Build Blockchain-Based Green Economy Platform for Africa

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EcoHack Africa

EcoHack Africa 2018, organised by AfricaGen, is the first Pan-African green economy blockchain hackathon that will bring together 100 programmers, economists, and environmentalists from around the globe to congregate in Kigali, Rwanda. Their objective is to build an open-sourced blockchain based green economy platform for Africa – the Sahara Marketplace.

The Sahara Marketplace will be a one-stop centre for individual farmers, entrepreneurs, cooperatives and institutions to raise funds for agriculture or ecosystem services through carbon credits, crowdfunding, and grants from individuals, businesses, multinationals and aid organisations.

AfricaGenThe hackathon is co-organised by AfricaGen, the Rwandan Ministry of Youth, KLAB and Rwanda ICT chamber, with technical collaboration with the Rwandan Ministry of Environment. It aims to create a real-life blockchain application building experience to encourage the creation of a blockchain industry in Rwanda and in Africa. Africa gets about 3% of the $35 Billion carbon credit market, while India and China get about 70% of the total. This platform aims to bring more of that money to Africa, as an alternative and in addition to traditional development financing. Increasing Africa’s share of carbon credits from 3% to 10% would bring in $2.5 Billion in much-needed financing for the continent’s most vulnerable population.

The hackathon will use “NYANDUNGU URBAN WETLAND ECO-TOURISM PARK” as the main case study to build the platform. The Nyandungu Park is a project to restore a degraded wetland in Rwanda capital Kigali and transform it into an eco-tourism park. The park is owned and developed by Rwanda Environment Management Agency.

The hackathon will also work on solutions for two of Africa’s most ambitious ecological projects: – “Great Green Wall for the Sahara and Sahel Initiative” (GGWSSI) which aims to restore the rapidly deserting lands around the Sahara desert, and form a barrier against further desertification; – “the AFR100” initiative which seeks to restore 100 million hectares of degraded land throughout Africa.

The event has gained the support of the Global Blockchain Business Council (GBBC), the leading association for the blockchain ecosystem. Sandra Ro, CEO of GBBC, said: “EcoHack Africa 2018 and its Sahara Marketplace are excellent initiatives, helping educate the African youth on the latest technological advancements in blockchain and its practical implementation. As the influence of Blockchain spreads, we’re delighted to see more initiatives established across the globe that are designed to educate and empower people.”

About YouthConnekt Africa

The sixth edition of YouthConnekt Africa (YCA) will take place between October 8-18, 2018 at Kigali Convention Centre with the theme: “Connekting Youth for Continental Transformation”. Launched in 2012 in Rwanda, YouthConnekt Africa has emerged as a high-impact solution for African countries to realise the demographic dividend. YouthConnekt has been embraced for its innovative design and implementation providing youth with the skills, networks and information needed to scale their initiatives and gain meaningful employment. To date, six countries have already launched YouthConnekt and many others are in the process of emulating the model. Africa’s greatest resource is arguably its nearly 420 million youth. Yet, this tremendous asset is relatively untapped largely due to limited access to education, health services mentorship, finance, employment opportunities required to meaningfully participate in the continent’s socio-economic transformation and realise the demographic dividend.

About AfricaGen

AfricaGen is a Pan-African youth do-tank organisation with the ambitious objective of mobilising 1 million Africans for the development of the continent through technology and innovation. AfricaGen focuses on open collaboration in order to build home-grown solutions in the most efficient way possible.

For more information, please contact:

AfricaGen Website: www.africagen.com

Email: info@africagen.com

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.*

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Chainalysis Partners with Binance to Tackle Global Cryptocurrency Money Laundering

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NEW YORKOct. 17, 2018 /PRNewswire/ — Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, has completed a global roll-out of its compliance solution with Binance, the world’s largest cryptocurrency exchange by trade volume, to help address the challenges at the intersection of cryptocurrencies, regulators and traditional financial institutions.

“Cryptocurrency businesses of all sizes face the same core challenge: earning the trust of regulators, financial institutions and users,” said Jonathan Levin, Co-Founder and COO of Chainalysis. “We expect many to follow Binance’s lead to build world-class AML compliance programs to satisfy regulators globally and build trust with major financial institutions.”

BinanceChainalysis’ compliance software, Chainalysis KYT (“Know Your Transaction”), is the only real-time transaction monitoring solution for cryptocurrencies. The software uses pattern recognition, proprietary algorithms and millions of open source references to identify and categorize thousands of cryptocurrency services to raise live alerts on transactions involved in suspicious activity.

“By working with Chainalysis, we are able to continue building a foundational compliance program that enables the next phase of our growth,” said Wei Zhou, CFO at Binance. “Our vision is to provide the infrastructure for a blockchain ecosystem and increase the freedom of money globally, while adhering to regulatory mandates in the countries we serve.”

This best-in-class solution enables cryptocurrency businesses and financial institutions to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, while simultaneously making it easier for companies supporting cryptocurrencies to open bank accounts.

In April, Chainalysis secured $16M in Series A funding led by Benchmark to deploy Chainalysis KYT and expand its coverage of cryptocurrencies. It serves over 150 of the world’s leading cryptocurrency businesses, financial institutions and government agencies.

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.*

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Abuja Blockchain & AI Round-Table Conference 2018 To Be Held On October 19-20

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Abuja Blockchain & AI Round-Table

We are happy to announce that the first edition of Abuja Blockchain & AI Round-Table: Beyond Cryptocurrencies will be held from the 19th-20th of October, 2018 at Ladi Kwali Hall, of Sheraton Hotels, Abuja, Nigeria.

This is a hybrid Conference of Value and Innovation, featuring a melding of the Artificial Intelligence (AI) and Blockchain communities in Nigeria and across the world, exploring the enormous possibilities at the intersection of these two technologies. Attendees will garner actionable, practical insight that can be applied almost immediately thereby kick-starting their entrepreneurial pursuits.

The Conference will bring together business leaders, government and regulatory agencies, data practitioners, AI and Blockchain tech pioneers who are applying artificial intelligence to solve today’s problems and creating tomorrow’s opportunities, while leveraging available tools, to create entirely new values.

buy bitcoin in nigeriaOur goal at Abuja Blockchain & AI Round-Table is to provide a common framework for thinking about what the convergence of Blockchain and AI means to Nigeria’s economic prosperity agenda. We aim to bridge the knowledge gap by providing government functionaries, decision-makers, professionals and practitioners with the resources they need to make key business-shaping decisions in a rapidly changing world.

This year’s conference theme is “Blockchain & AI for Economic Advancement!”

About 1000 participants are expected to be at the two-day event.

The event will feature a mix of free-to-attend and paid-for content.

A mobile app for the event, “ABAR” can be downloaded from Google Play Store.

Event Date: October 19-20, 2018. Time 9.00am Prompt

Special Guests, Keynotes, and Conference Speakers include:

  • Prof Kingsley Mughalu, 2019 Presidential Aspirant, Former Deputy Governor CBN.
  • Chike Ukaegbu, 2019 Presidential Aspirant, Lead Executive, StartUp52
  • Mary Uduk, Director General of SEC Nigeria
  • Dr Aliyu Abdulhameed MD/ CEO (NIRSAL)
  • Mr. Adebisi Shonubi  Managing Director, NIBSS
  • Dr. David Isiavwe –ISSAN President
  • Dr Amina Sambo Magaji -National Coordinator, OIIE, NITDA
  • Musa Itopa Jimoh – Deputy Director, Payment SystemsCBN
  • Mohammed Ibrahim Jega – Board Member FG Technology and Creativity Advisory Group, Founder Startup Arewa
  • Robert John – first sub-Saharan Africa certified Google Developer Expert in Machine Learning.

The conference promises to showcase a remarkable list of leading voices in the artificial intelligence and blockchain communities across the globe, with the spotlight on local Startups already building out solutions in the ecosystem.

The event is being organised by Blockchain Nigeria User Group. More speakers can be seen on the event website: https://www.blockchainsummit.ng/

Who Should Attend?

Top government decision makers, Regulators, Entrepreneurs, Enthusiasts, Developers, Chief technical officers, Students and Investors interested in innovation at the intersection of AI and Blockchain. We also expect decision-makers from leading financial services companies who are seeking to improve their business using AI and Blockchain Technology to be in attendance.

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Bithumb to Hold ‘Special Promotion’ for New Registered Foreign Users

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Bithumb
Image by www.bithumb.com

SEOUL, South KoreaOct. 15, 2018 /PRNewswire/ — Bithumb, a global cryptocurrency exchange will offer a new registration event to global users who newly join and start making cryptocurrency transactions.

Bithumb is planning to hold a ‘New Registration Event’ for overseas users from October 15 to November 14, 2018 (GMT +9) Korean Standard Time. The event is for overseas users who have signed up for the Bithumb and completed transactions over KRW 20 Million (Approx. USD 17,490, Bithumb cash standard). The users who are satisfied with the above conditions are expecting to receive benefits of 20,000 Bithumb cash after the event period.

Bithumb cash benefits will be given in consecutive order from December 3 until December 7, 2018, for five days (GMT+9) Korean Standard Time.

BithumbAccording to Head of Marketing Department of Bithumb, Andy Choi, “global interest in cryptocurrencies such as Bitcoin and Ethereum is growing.” And he added, “We appreciate our foreign global users for their trust in and transaction on Bithumb. We are planning to hold various events in order to express our gratitude.”

Bithumb is now holding a ‘Cryptocurrency Transaction Fee Refund Event’ and ‘Super Airdrop Festival Season 2’ as well.

For global customer’s convenience, Bithumb provides a foreign language counseling service in English, Japanese and Chinese, further strengthening its position as a leading cryptocurrency exchange in the world.

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.*

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