Blockchain technology has evolved beyond being a solely decentralised database for digital currencies. Now, the blockchain is being used to transform and disrupt traditional infrastructures in Africa from banking and healthcare to real estate and even ride shares.
BitcoinAfrica.io has compiled a list of 20 leading African blockchain influencers that are helping to make these changes happen.
Mic Kimani is the Chairman of the Blockchain Association of Kenya and co-founder at Chamapesa, a company using blockchain technology to digitise social savings groups in Africa. An expert with over five years of experience in the industry, Michael is considered one of Africa’s foremost cryptocurrency and blockchain thought leaders.
"The answer is to take inspiration from the world of cryptocurrencies and use the tokenized forms of financial assets on DLT. In this new model, the graph of settlement relationships starts to look identical to that of trade relationships."
— Kioneki (@pesa_africa) March 11, 2019
John Karanja is the founder of BitHub Africa, a blockchain accelerator located in Nairobi, Kenya. He also founded the blockchain startup Whive, a peer-to-peer protocol that extends Bitcoin incentivising sustainable energy solutions through trustless rewards.
With #Blockchain #Banking is now a protocol Banks now compete with #StartUps 4 customers in this disintermediation process. The same thing happened in Transport Lending Hotel Communication because of the #Internet. The savvy will survive https://t.co/TqVt9vVE1C @BitHubAfrica
— Ole Qwainaina (@qwainainaX) January 22, 2019
Sonya Kuhnel is a pioneer in the South African blockchain technology industry. She serves as Managing Director of the Blockchain Academy, co-founded the Blockchain Africa Conference, and BitSure that uses blockchain technology for retail payments.
I'm truly honoured to be one of the 50 women winners of the @cocreateSA #InspiringFiftySA initiative. Thank you @ogilvieone for the nomination & @HorbachBonnie for making this possible. Let's keep inspiring women through education in #STEM! pic.twitter.com/KmLPapKLRf
— Sonya Kuhnel (@SonyaKuhnel) August 1, 2018
Tricia Martinez is the CEO and founder at Wala, a zero-fee financial services app for emerging markets. She is a behavioural economist who has made her career in driving innovative technology solutions to underserved people in Africa.
Building a company is hard. Revolutionizing an entire industry is unthinkable for many. BUT if you have grit, surround yourself with passionate people who are better and smarter than you, and build for and with customers anything is possible! @GetWala @DalaFoundation pic.twitter.com/BhOlhEr0lW
— Tricia Martinez (@TriciaTita) October 9, 2018
Vinny Lingham is a serial entrepreneur and the CEO of CivicKey, a company that builds blockchain ID platforms. He was the ICT Personality of the Year in South Africa in 2008 and Shark Tank’s first bitcoin investor.
— Vinny Lingham (@VinnyLingham) March 13, 2019
Alakanani Itireleng is on a mission to educate Botswana’s citizens about bitcoin and blockchain technology. Itireleng founded the Gaborone-based Satoshicentre, a platform aimed at teaching blockchain technology in Botswana and Africa, and the farming blockchain platform Plaas.
— alakanani itireleng (@bitcoinlady) October 28, 2018
Gareth Grobler is a co-founder of the cryptocurrency exchange ICE³X and speaker on the topics of digital assets and blockchain technology. He has over 14 years of experience in IT infrastructure development.
— Gareth Grobler (@R3LB0RG) June 27, 2018
Faith Obafemi is a digital lawyer advising on legal tech, digital assets, smart contracts, and everything else blockchain-related. She is passionate about the blockchain industry and regularly contributes as a writer in this field.
@FaithObafemiEsq is a digital lawyer whose practice area revolves around legal tech, cryptocurrency, blockchain & smart contracts. Also a Founding Partner at Lex Futurus, an international blockchain law firm
Meet & Connect #BWC19
— Blockchain African Ladies (@ladies_african) February 19, 2019
Frank Deya is the COO of æternity Hub Africa and co-founded Nairobi-based blockchain startup BitSoko. He is also a regular speaker at blockchain events in Kenya. Frank is one of the top crypto influencers in Kenya.
Launching in merchant stores across Kenya.
— Flamesting (@FrankDeya) February 25, 2019
Tawanda Kembo is a co-founder of Zimbabwean bitcoin exchange Golix. He has been involved with the blockchain technology since 2013 and has acted as a consultant to several blockchain companies in Africa.
— Carel de Jager (@SovereignCarel) June 5, 2018
Verengai Mabika is a Senior Policy Advisor at the Global Public Policy team and a blockchain enthusiast. In his own words, he is a social innovation freak who helped to build Zimbabwean cryptocurrency exchange Golix.
Happening today @AIS_Africa in Dakar, the Council of Europe & African Union Commission organising the first forum on Cybercrime in Africa to tackle the growing concern of Cybercriminality. These forums will take place annually in the coming years @ISOC_Africa #ShapeTomorrow pic.twitter.com/HQzEovTDh5
— Verengai Mabika (@VerengaiMabika) May 7, 2018
Dickson Nsofor is the CEO and co-founder of Korapay, a cross-border payment and remittance platform, that aims to connect Africa to the rest of the world.
Bitcoin is not Blockchain!
In practical terms, lets call Blockchain = Electricity and lets say Bitcoin = Light Bulb.
Most people think of Electricity as Light, so its understandable why people think Bitcoin is Blockchain.#ingressivechatwithDickson@_Ingressive_
— Dickson Nsofor (@DicksonNsofor) February 19, 2019
Professor Nii Quaynor
Professor Nii Quaynor is a Ghanaian Internet pioneer. He is well known for pioneering Internet development and expansion throughout Africa for almost two decades, establishing some of the continent’s first Internet connections. He is also the Chairman of Ghana Dot Com and a proponent of cryptocurrencies and blockchain technology for Africa.
Congratulations to the Father of the Internet Prof. @niinarkuquaynor
on winning the Lifetime Achievement Award in Development of the #Internet @GheCommerceExpo awards night.
We are proud to be associated with you. pic.twitter.com/xt3xLwWj3H
— Ghana Dot Com Ltd (@Ghanadotcomltd) December 3, 2018
Kwame Rugunda is the Chairman of the Blockchain Association of Uganda. He is also the CEO of CryptoSavannah, which offers solutions, advice and training in blockchain technology, and organised the Africa Blockchain Conference.
It is great for Uganda to create blockchain software developers, a most sought after skillset globally. This can significantly impact and change the character of Uganda’s economy. @FrankTumwebazek @SavannahX_Devs @noryo @Uwihanganye_A https://t.co/FqQSt8mHfR
— Kwame Rugunda (@KwameRugunda) December 31, 2018
Riccardo Spagni is the founder of the privacy-centric digital currency Monero. He acts as the lead of the Monero Dev team and is also involved in several projects and startups including South Africa-based Tari.
On the 10th Bitcoinversary we present our best attempt at singing A Million Dreams. Warning: all involved are not professional singers, this is just for the love and joy of it:)https://t.co/ZPaLW7Sgp0
— fluffy/pony (@fluffypony) January 3, 2019
Farzam Ehsani is a Co-Founder and CEO at VALR, a new South African digital asset exchange. He also helped to establish the Foundery, RMB’s fintech unit, where he is currently leading Rand Merchant Bank’s blockchain initiative.
3/ If Bitcoin is a pyramid scheme, then by the same reasoning, one must certainly classify gold as a pyramid scheme too. But it’s not. And the SARB knows that well enough to own R63 billion of the yellow metal.
— Farzam Ehsani (@farzamehsani) February 22, 2019
G-J van Rooyen
I only just read this! If the hype around cryptocurrencies seems confusing and irrational, put down what you're doing and read Adam's letter https://t.co/U9DQpaPp7B
— G-J van Rooyen (@gvrooyen) October 31, 2017
We just sent out our latest round of acceptances for @ETHCapeTown Mentors & Volunteers! ??? Would really still like to see even MORE involvement from the local Blockchain Ecosystem in Cape Town and Joburg – come on fam, GET INVOLVED
— Devon Krantz (@Devkrz) March 14, 2019
Lorien Gamaroff is the CEO of South African cryptocurrency wallet startup Centbee. He is a regular speaker at blockchain conferences and a proponent of the recently forked Bitcoin Cash offshoot Bitcoin Satoshi Vision (BSV).
Next speaker announcement is @gamaroff! Lorien MC'ed our 2018 conference. He is Co-Founder & CEO of @Centbee, a #cryptocurrency wallet for sending, receiving or storing #Bitcoin. Lorien will be on the panel, Cryptocurrency Adoption in #Africa 6 Mar in #CapeTown. Don't miss it! pic.twitter.com/TmDCBAM4gS
— Bitcoin Events (@BlockchainZA) January 15, 2019
Elisha Owusu Akyaw
Elisha Owusu Akyaw is Africa’s youngest blockchain influencer, marketer and journalist. The 17-year-old Ghanaian founded BlockXAfrica, a blockchain marketing company, and the cryptocurrency news site CoinNewsLive.com.
— Elisha – GHCryptoGuy ₿??? (@ghcryptoguy) March 13, 2019
Why Crypto’s Leading the Way in Africa’s Evolving Finance Landscape
Cryptocurrency adoption is on the rise throughout Africa. According to Chainalysis, the African crypto market is one of the fastest growing in the world, with an estimated $20 billion worth of transactions taking place per month. Meanwhile Kenya, Nigeria and South Africa are positioned in bitcoin.com top 10 global countries by Cryptocurrency Adoption.
In this article, we’ll take a closer look at the appeal of decentralised currencies in Africa and discuss how they’re leading the way in the continent’s ever-evolving finance landscape.
The Global Crypto Era
For several years now, cryptocurrencies and blockchain technology have been having a transformative effect on various industries and markets across the globe. From the disruption of the gaming industry via the emergence of play-to-earn gaming and online casino with crypto deposit platforms to smart contracts that are being used everywhere, from healthcare to real estate, the impact is evident.
With the rise of the DeFi and GameFi sectors, it’s clear that the global crypto era is now in full swing, and it’s an industry that’s gaining noticeable traction across Africa. Approximately 1.2 million Africans now actively trade cryptocurrencies, with Kenya, Nigeria and South Africa leading the way. Decentralised crypto trading platforms like Paxful and LocalBitcoins bypass financial institutions and present new opportunities for residents to buy and sell crypto tokens.
In terms of which crypto tokens are leading the way in Africa, Bitcoin (BTC) holds the position of the most dominant digital currency, with a substantial user base and trading volume. BTC is accepted and used for various purposes, including remittances and as a store of value.
Altcoins, too, are becoming more widespread in the continent, particularly Ether (ETH) and Binance Coin (BNB). Ethereum’s smart contract capabilities have fuelled its growth in the region, providing a solution to developers for building DApps (decentralised applications) that address Africa-specific challenges.
Additionally, several homegrown cryptocurrencies have emerged in recent years that are tailored to the local needs of the region. The Akoin token (AKN), for example, was founded by musical artist and humanitarian Akon as a means of powering a digital financial ecosystem in those regions with limited access to traditional banking services.
The Appeal of Cryptocurrencies
Cryptocurrencies offer several unique advantages, which, coupled with the economic stagnation still present in the continent, makes them particularly appealing to Africans.
One of the key drivers behind the burgeoning popularity of crypto in Africa is the lack of access to traditional financial services that many Africans still face. Many residents stay either unbanked or underbanked, excluding them from taking part in the global economy.
Decentralised currencies are gaining increased acceptance among the financially marginalised, particularly the low-income population, who have often been excluded from the banking system or had to face disproportionally high transaction costs. By their very nature, cryptocurrencies remove the need for traditional intermediaries, instead offering a borderless alternative that enables individuals to send and receive secure financial transactions instantly.
Currencies in countries such as Kenya and Nigeria have been damaged by decades of inflation, contributing to a surge in both economic and political instability. Cryptos hold the power to remedy financial exclusion and present an alternative to weak domestic currencies.
Unlike the more established traditional banking options in Africa, decentralised finance enables anyone with an internet connection and compatible device — smartphones included — to engage in a variety of financial transactions, from sending remittances to making investments. Crypto investing allows Africans to purchase and hold assets that will not be impacted by financial turbulence, such as rapid depreciation and ever-increasing inflation.
As mentioned above, cryptocurrencies are typically cheaper, easier to use and faster than conventional methods. The blockchain technology that eases peer-to-peer (P2P) transactions exists outside established fiat currency institutions, supplying a far more accessible and user-friendly solution.
Traditional remittance services are often slow, expensive and largely inaccessible to a significant portion of the African population. Digital currencies allow for frictionless cross-border transactions, meaning that individuals can send and receive money globally in a matter of minutes. Not only does this benefit individual consumers, but it also empowers African businesses and entrepreneurs, easing economic growth in the process.
A Lasting Impact
Given that Africa’s crypto ecosystem is still in an evolutionary stage, the popularity of decentralised currencies and blockchain applications will vary between countries and regions. Regulatory environments, infrastructure development and specific social-economic conditions can all influence the popularity and success of a crypto project. However, there’s no denying that the emergence of this industry has sparked a wave of innovation throughout many African countries.
Several blockchain-based startups have found innovative ways to leverage the potential of the technology to address the most prevalent socio-economic challenges. BitPesa is transforming the cross-border payments sector, while other startups have used blockchain tech to make supply chain management more transparent and even improve voting processes. By leapfrogging traditional infrastructures, decentralised currencies and technologies are proving to be the key to sustainable, long-term economic growth in Africa.
The Rise of Bitcoin in the Online Gaming World
Cryptocurrencies have disrupted traditional financial systems in recent years, and Bitcoin profiled itself as the most famous crypto. It has already found its way to e-commerce and investment, but this crypto is also present in the world of online gaming. In this article, we will explore the growing influence of Bitcoin in the online gaming world.
Bitcoin and Online Casinos
Thanks to Bitcoin’s integration into online casinos, players and operators now have a vast range of possibilities. With the use of Bitcoin, online casinos create another level of advantage over traditional payment options. Most of all, if you perform transactions in Bitcoin, they will be quicker and more efficient.
You can deposit or withdraw the funds within seconds without the need for complex verification processes or intermediaries. This makes the gaming experience smoother and more seamless for any player. Additionally, Bitcoin offers a higher level of privacy and security. We have already experienced how much financial and personal information traditional payment methods require.
Nevertheless, unlike them, Bitcoin transactions are pseudonymous, which means they provide players with greater anonymity. This privacy feature particularly appeals to those who value their online security and wish to enjoy online gaming without revealing their identities. Integrating Bitcoin into online casinos has also resulted in innovative bonus structures and rewards.
Some Bitcoin casinos offer exclusive promotions and bonuses for players who use Bitcoin as their preferred payment method. The best Bitcoin casinos in the Philippines are safe to deposit at, according to this guide, and you can choose the one that appeals to you the most. That’s why more and more players turn to Bitcoin as their payment method, fostering its further adoption in the gaming industry.
Since Bitcoin is decentralized, transactions bypass the regular censorship and control that we can see involved with traditional payment methods. Thanks to this, players from regions with strict gambling regulations can participate in online gaming with fewer restrictions. Bitcoin-powered online casinos do not impose geographical limitations, opening their services to players worldwide.
Bitcoin and Esports Betting
Beyond online casinos, Bitcoin has made significant breakthroughs in esports betting. We could witness a skyrocketing rise of esports in recent years, which resulted in millions of enthusiasts and viewers worldwide. Thanks to Bitcoin’s integration into esports, players have a wider range of options to engage with their favorite games and gamers.
Esports, or competitive video gaming, has witnessed a meteoric rise in popularity, attracting millions of viewers and enthusiasts worldwide. Bitcoin’s integration into esports betting platforms has revolutionized how fans engage with their favorite games and players.
Bitcoin’s advantages, such as fast and secure transactions, align perfectly with the dynamic nature of esports betting. Users can easily deposit and withdraw funds, allowing for quick reactions to changing odds or game outcomes. Bitcoin’s decentralized nature also ensures that bettors from any location can participate, overcoming the obstacles of regional restrictions and currency exchange complications.
Moreover, Bitcoin’s integration into esports betting platforms has provided players with increased transparency and fairness. The technology behind Bitcoin, blockchain, allows for unalterable and auditable records of transactions, ensuring that betting outcomes are tamper-proof.
This transparency has fostered greater trust among players, operators, and regulators, further fueling the growth of Bitcoin-powered esports betting.
Bitcoin and In-Game Purchases
As the gaming industry evolves, it has also opened innovative ways for gamers to enhance their gaming experience. With the involvement of Bitcoin, players can use it for in-game purchases. Nowadays, many popular online games support cryptocurrencies for item purchases, upgrades, or other enhancements.
Since crypto transactions are more seamless, Bitcoin has become a better alternative compared to traditional in-game payment methods. Game developers have also benefited from introducing Bitcoin as a payment option. Now they can offer a more convenient way of purchasing in-game items, transaction fees are lower, and processing times have become faster.
Moreover, you, as a player, don’t need to disclose any sensitive information anymore. That way, Bitcoin usage in gaming reduces the risk of potential data breaches. The adoption of Bitcoin in in-game purchases has also opened up new possibilities for cross-platform transactions.
As Bitcoin operates globally, players can easily trade or transfer in-game assets across different games or platforms, fostering a vibrant secondary market for virtual goods. This flexibility enhances player engagement and allows for a more interconnected gaming experience.
The integration of Bitcoin into in-game purchases has also paved the way for blockchain-based gaming ecosystems. Some game developers have embraced blockchain technology to create decentralized gaming platforms where players truly own their in-game assets through blockchain-based tokens. This ownership empowers players and introduces concepts of shortage and value to virtual items.
Benefits of Using Bitcoin in Online Gaming
Players can enjoy multiple benefits from using Bitcoin in online gaming. The most obvious one is that traditional payment methods cannot match the level of Bitcoin’s security and anonymity. Due to cryptos’ decentralized nature, you don’t need to disclose your sensitive data. If you want to get started in the gaming world easily and quickly, there’s no more attractive option than Bitcoin.
Transactions are completed within seconds, and they are cheaper in terms of fees compared to other popular methods. Since Bitcoin has become more popular in the online gaming industry, gaming platforms recognized its benefits.
Therefore, they introduced it as a payment method, and nowadays, the world’s most popular online gaming platforms accept Bitcoin, including Steam, Xbox Live, and PlayStation Network.
Security Considerations When Using Bitcoin in Gaming
While Bitcoin offers many benefits for online gaming, such as fast and secure transactions, there are also some security considerations to keep in mind. Performing online financial transactions always brings a high risk of potential hacking and theft of Bitcoin wallets. That’s why you should use a secure and reputable digital wallet and keep your private keys safe and inaccessible to unauthorized persons.
Also, online gaming platforms that you use should have strong security features established to keep your financial and personal information away from the eyes of unauthorized third parties.
Bitcoin’s rise in online gaming has brought many benefits for all entities in this growing industry. From online casinos to esports betting and in-game purchases, Bitcoin’s unique characteristics have reshaped the gaming landscape, offering increased speed, privacy, security, and global accessibility. It shouldn’t take too long before cryptocurrencies gain mainstream acceptance since they are continuously evolving.
That’s why we believe the Bitcoin integration in the online gaming industry will continue. Ultimately, it should unlock new ways of innovation and interaction for gaming fans worldwide, leading to limitless possibilities for the future of online gaming.
Unlock the Thrills of NHL Crypto Betting and Live Streaming
Are you a passionate NHL fan who craves excitement both on and off the ice? Look no further! NHL Crypto Betting and Live Streaming bring a revolutionary experience to your fingertips. Witness the fusion of cutting-edge technology, crypto-powered wagers, and seamless live streaming that will take your NHL engagement to new heights.
In this comprehensive guide, we delve into the world of NHL Crypto Betting, explore the latest trends in NHL betting, and uncover the exhilaration of live streaming. Brace yourself for an unparalleled journey that combines heart-pounding action, lucrative opportunities, and the thrill of cheering for your favorite teams in real-time.
The Evolution of NHL Crypto Betting
With the rise of blockchain technology, NHL Crypto Betting has emerged as a game-changer in the sports betting landscape. Powered by cryptocurrencies such as Bitcoin, Ethereum, and others, NHL Crypto Betting offers a secure, transparent, and decentralized platform for enthusiasts to engage with their favorite teams.
By leveraging blockchain’s immutability and smart contract capabilities, NHL Crypto Betting ensures fair and tamper-proof transactions, providing users with a sense of trust and integrity.
Moreover, NHL Crypto Betting introduces a new dimension to the traditional sports betting experience. Cryptocurrencies enable users to make instant deposits and withdrawals, eliminating the hassles associated with fiat currencies. This streamlined process enhances convenience and accessibility for bettors, empowering them to place wagers quickly and effortlessly.
Unleashing the Power of NHL Trends Betting
Keeping up with NHL trends is essential for successful betting. NHL Trends Betting allows users to analyze historical data, team performance, player statistics, and other crucial factors to make informed betting decisions. By identifying patterns, tendencies, and emerging trends, bettors can gain a competitive edge and increase their chances of winning.
Whether you’re an experienced bettor or new to the world of NHL betting, understanding and leveraging NHL trends is paramount. Stay ahead of the game by monitoring team form, home and away records, head-to-head matchups, injury reports, and other key indicators. NHL trends betting offers a strategic approach to maximize your chances of success and unlock profitable opportunities.
Immersive Live Streaming: Amplifying the NHL Experience
Live streaming has transformed the way sports fans engage with their favorite leagues, and the NHL is no exception. Experience the thrill of NHL games in real-time, no matter where you are, with seamless live streaming. Witness jaw-dropping goals, clutch saves, and heart-stopping moments as they happen, all from the comfort of your own device.
Thanks to advancements in technology, NHL live streaming offers impeccable video quality, multi-camera angles, and expert commentary, providing an immersive viewing experience.
Whether you’re a die-hard fan or a casual observer, live streaming brings you closer to the action, making you a part of every exhilarating moment. Cheer for your team, revel in the intensity, and celebrate their victories as if you were right there in the arena.
Maximizing User Engagement: The NHL Crypto Betting and Live Streaming Advantage
Combining NHL Crypto Betting and Live Streaming amplifies user engagement to unprecedented levels. When you become a part of this dynamic ecosystem, you open doors to exhilarating possibilities. Here’s how NHL Crypto Betting and Live Streaming enhance your overall experience:
- Real-Time Betting: Engage in fast-paced, live betting opportunities that align with the pulse of the game. React to game-changing moments and adapt your strategy instantly to seize the best odds and maximize your winnings.
- Community Interaction: Connect with fellow NHL enthusiasts, discuss predictions, and share your excitement within the vibrant community. Joining forces with like-minded individuals adds another layer of enjoyment to your NHL journey.
- Rewards and Bonuses: Benefit from exclusive rewards, loyalty programs, and enticing bonuses offered by NHL Crypto Betting platforms. From sign-up bonuses to seasonal promotions, these incentives boost your bankroll and heighten the thrill of your NHL experience.
- Accessible Anywhere, Anytime: Never miss a moment of NHL action, whether you’re at home, on the go, or traveling. NHL Crypto Betting and Live Streaming platforms are designed to cater to your mobile lifestyle, ensuring you’re always connected to the games you love.
Ignite Your NHL Experience with Crypto Betting and Live Streaming
As an NHL fan, you deserve an extraordinary experience that transcends the boundaries of traditional engagement. NHL Crypto Betting and Live Streaming offer a gateway to a realm where exhilaration knows no bounds.
Dive into the electrifying world of NHL Crypto Betting, stay ahead of the game with NHL trends betting, and immerse yourself in the adrenaline of seamless live streaming. The perfect fusion of technology, sports, and entertainment awaits you. Join now and ignite your NHL experience like never before!
Introducing Noones – Africa’s P2P Super App
Why Crypto’s Leading the Way in Africa’s Evolving Finance Landscape
The Rise of Bitcoin in the Online Gaming World
Unlock the Thrills of NHL Crypto Betting and Live Streaming
Understanding the Impact of Cryptocurrency Volatility on NBA Betting Markets
The Future of Crypto College Football Betting: Trends and Predictions
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