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Revisiting the Blockchain Africa Conference 2019 in Johannesburg And Announcing ‘Crypto Fest’

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Blockchain Africa Conference

The Blockchain Africa Conference 2019 in Johannesburg saw a gathering of thought leaders and influencers in the blockchain industry exploring blockchain use-cases, such as Self-Sovereign Identity, enterprise blockchain in finance, the future of banking, interoperability and scalability, regulations regarding ICOs, STOs, blockchain technology, and cryptocurrencies.

The conference was a resounding success, as amplified by conference MC, Farzam Ehsani, co-founder and CEO at VALR, “It was inspiring and thought-provoking,” and by Michael Glaros, Principal Program Manager, Azure Blockchain at Microsoft, and Diamond Sponsor to the 2019 Conference who said: “I am just so thrilled to be at the Blockchain Africa Conference with Farzam Ehsani, Brian Behlendorf, Phillip Windley and all the other greats here, so that we can come together and hash [pun] things out for a better crypto and Blockchain future, and together we can be moving Africa forward.”

Blockchain Africa Conference in Johannesburg Day 1

Watch the Day 1 highlights video of the conference in Johannesburg.

Lorien Gamaroff kicked off proceedings with a presentation about the global state of the blockchain technology, what some of the issues are as well as his views on how this technology allows transactions to be verified. He remarked: “There is no real value in crypto or cash to be anonymous. The value lies in the privacy, not the anonymity, and blockchain could change this in the future.”

Lorien’s address was followed by the keynote speaker, Brian Behlendorf, Executive Director of Hyperledger Project who engaged the audience with his topic The Post-Lambo Era: Blockchain Technology Gets Real. Blockchain technology is allowing individuals to apply for products and/or services to organisations without the organisations getting access to individuals’ private data and information. Brian reinforced that: “Today there are over a hundred deployed distributed ledger networks using blockchain technology to address supply chain traceability, trade finance and global payments, logistics, know-your-customer credit history systems, and many more.”

In a podcast interview by Think WTF with Brian, he shares some of the projects that they are working on to give us a practical example of how Hyperledger is solving real problems.

Carel de Jager talked about the idea of stablecoins to help with the price volatility experienced by cryptocurrencies. Stablecoins have their value pegged to something that we regard as stable such as gold or the US dollar. Carel cleverly remarked: “Why do we need stablecoins? Well, because someday central banks will run out of zeroes!”

In a recent interview on Winslyn, Carel speaks about blockchain technology, local applications, and explains how blockchain could potentially help prevent something like the Eskom crisis we are currently facing.

Michael Glaros discussed how Microsoft is working alongside Technobrain to unleash innovation across Southern Africa by employing joint efforts toward scaling blockchain networks with development and operations practices and habits.

While Philip Windley explored the topic of a global public network for self-sovereign identity. The public network will be decentralised, have no single authority and will provide multiple identity sources. Conference proceedings continued with Peter Munnings who informed the audience about Project Khokha, the successful collaboration between the South African Reserve Bank and the major banks in South Africa. The scope of the project was to create a distributed ledger between participating banks, for a wholesale payment system. The project was a huge success and proved that distributed ledger technology could be used for interbank settlements. Project Khokha received the inaugural ‘Best Distributed Ledger Initiative’ award from the Central Banking Publications at a gala dinner in Singapore.

Blockchain Africa Conference

Panels with blockchain and economic expert Farzam Ehsani and Centbee’s Lorien Gamaroff sparked quite the debate as the two panels discussed The Issues and Proposed Solutions for Blockchain Scalability and Enterprise Blockchain in Finance, respectively. The rest of the speaker line-up for the first day included Anushka Soma-Patel who unpacked the practical use of identity wallets and verified claims within ecosystems as we know them today. Ashlin Perumal spoke about self-sovereign identity against the legal backdrop of digital identity. While Nick Sapanaro made the bold statement: “The glass bottle looks great but it is impossible to get ketchup out. With crypto apps, we’re not even at the glass bottle stage. It’s like we’re just smashing tomatoes with our bare hands,” during his talk on Eliminating the Friction Tax on The Path to Mass Adoption.

Blockchain Africa Conference in Johannesburg Day 2

Watch the Day 2 highlights video of the conference in Johannesburg.

 Day 2 of the conference kicked off with Ray Youssef who discussed the unique situation of how African people have adapted to a new financial landscape that has given them the opportunity to take control of how they send, store and spend money through peer-to-peer technology. Nicole Anderson took to the stage after Ray on crypto is an emerging institutional asset class with family offices, hedge funds and broader multi-asset fund managers are entering the game addressing the institutional challenge and opportunity in crypto assets.

Matthew Arnett explained to us what a real Security Token Offering (STO) will look like and why the Bahamas standard is one to follow, as they have created smart contracts that standardize the creation of an STO.  The Bahamas government has been active in drafting legislation for Security Tokens and is working hard to make it easy to launch Security Token Offerings in the country.

Dr. Nthuthuko Bhengu introduced us to blockchain in healthcare. Dr Bhengu highlighted relevant use cases with a particular focus on electronic medical records and how blockchain can facilitate patient-centred care by enhancing interoperability, confidentiality and generally improved doctor-patient engagements. Dr. Bhengu facetiously remarked: “Blockchain was made solely for healthcare patient record-keeping, medicinal supply chain management and healthcare practitioners’ management.

Anrich Daseman from the South African Reserve Bank (SARB) addressed the topic of regulatory advancements on crypto assets.  Anrich reiterated: “The Reserve Bank’s perspective is that blockchain is a paradigm shift and regulators need to adapt. SARB does not want to stifle innovation but recognises that regulation is necessary to protect investors and those that are not educated about the technology. In response to the concern of regulation on crypto, SARB formed a crypto asset regulatory working group to tackle the regulatory challenge.

The conference continued with Jean Paul Fabri who marvelled the audience on  Malta’s perspective on the regulation of ICOs and cryptocurrencies by the Maltese government, who is paving the way to establish Malta as a ‘Blockchain Island’. Jean Paul shared on where Malta succeeded in establishing regulations for emerging technology was in its political will and went on to conclude, “The regulation is there as a filter to make sure that the investment opportunity presented by the issuer is real.

Blockchain Africa Conference

The conference concluded with Loretta Joseph, Charlene Chen and Prof. Angela Itzikowitz who took part in a panel, with other crypto thought leaders the likes of Anrich Daseman, Jean Paul Fabri, Ashlin Perumall, who had tongues wagging on one of crypto’s current hot topics, Finding the Balance Between Regulation and Innovation. The panel concluded with: “The big question should not be to regulate or not to regulate. The fact is to regulate but the regulation in itself needs an adaptation and innovation, in order to support, underpin and develop emerging technology both on a country and global level.

Charlene Chen, BitPesa’s COO, talks us through the challenge between innovation and regulation, and how you balance the conflicting energies and the management of different stakeholders, in a podcast interview with Think WTF.

The conference proved that people are still passionate about blockchain technology despite the current cryptocurrency bear market. There was a real sense that the hard work was still carrying on and effort was being made to innovate and solve the problems that will propel Africa forward into the future.

Videos of the conference can be viewed on Bitcoin Events’ YouTube channel.

Thank you to our sponsors, partners, and exhibitors for helping make the conference a success.

Blockchain Africa Conference in Johannesburg

Crypto Conference 2019

We are planning our next event! The Crypto Fest is a one-day gathering on 5 September 2019 in Johannesburg, South Africa, where we will explore the economics, investment, trends, culture, technology, trading, cryptocurrency exchanges and the future of cryptocurrencies.  

For more information on this and future events, please email the team at info@blockchainafrica.co. Subscribe to the Blockchain Africa newsletter to stay informed about next events and news of the global blockchain and cryptocurrency industry.

Press Releases

Xago Launches XRP Only Gateway And Exchange in South Africa

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XRP Gateway

Xago, a Cape Town-based fintech company, announced the launch of its Ripple gateway and custom-built exchange in South Africa. The exchange connects to and utilises RippleNet to trade, send and receive XRP only, the native digital asset used by Ripple.

XagoXago has built the exchange in order to create liquidity of XRP in South Africa, acting as the market-making platform for cryptocurrency enthusiasts and businesses that wish to trade with and utilise XRP and the Ripple Ledger. Due to the fast settlement between wallets, RippleNet is a viable option for transferring value between exchanges, reducing exposure to volatility.

Xago was founded by Jurgen Kuhnel (CEO), Sonya Kuhnel (COO) and Mark Chirnside (Chairman) in 2016 and incubated out of CiTi’s Bandwidth Barn in Woodstock thanks to Ian Merrington and his team. The company believes that blockchain technology, and in particular RippleNet, will play a critical role in transforming the payments industry.

‘By solving the double-spending problem the Bitcoin blockchain opened up digital peer-to-peer payments without the need for a trusted 3rd party through the process of mining. Ripple took this one step further and built a faster and more cost-effective decentralised ledger to compete in the high throughput and fast clearing retail and banking environments,’ says CEO Jurgen Kuhnel referring to their choice to specifically focus on Ripple and XRP.

Once the exchange has sufficient liquidity, Xago will launch its payment switch which connects to the retailers through their existing hardware and software systems. Where Xago is utilised, it will replace the need for acquirers and card networks for retailers, and with the use of RippleNet and XRP enable cross-border payments in the future. Consumers will be able to pay for goods and transact at the point of sale using only their mobile and mobile number, bypassing traditional payment rails.

Xago’s mobile number based identity system is built to connect mobile devices, the blockchain, and retailers in one seamless experience. Together with significantly lower transaction fees, the Xago platform is gearing to compete in the high stakes retail environment. This will enable clients to create new and innovative products that will ultimately benefit the end consumer.

Xago’s Chairman Mark Chirnside added, “This is no small step on the journey of Xago.io. With this launch and with the welcomed constructive approach we take with regulatory compliance and best practice, this platform holds the promise to reduce cost and friction, at a very interesting time in the payments arena. Personally I am honoured to be involved as an investor and as Chairman.”

In late 2018, the start-up received investment from African Technology Investments Ltd. It has spent the 1st half of 2019 setting up operations and engaging with the regulators and the broader ecosystem to build a best-in-class product that will not only add value to its clients but also comply with regulations going forward.

The start-up has a broader vision for payments across Africa and has plans to expand operations into other markets in the future. Kuhnel says, “In Africa, we have an opportunity to rethink the way money flows, what it costs and the time it takes to reach a destination. Mobile has shown us how important innovation is on our continent. We must build on this and continue to provide solutions that will benefit consumers in low to middle income countries who need it most, reducing the cost and friction of moving money is absolutely key.”

Disclaimer: 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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Press Releases

Join the Bitcoin & Crypto Trading Crash Course in Nairobi, Kenya on October 12

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Crypto Trading Crash Course

BitcoinKE is excited to announce its upcoming Bitcoin and Cryptocurrency Day Trading Crash Course on October 12, 2019, at Marble Hotel in central Nairobi.

Course Outline:

0) Brief Intro for beginners. (Defn of Terms)
1) Resource tools for Margin Trading
2) Software Set-Up & Configurations
3) Pre-market Analysis/Screening
4) Analysis: Based on Our Strategy
– Criteria to identify a viable setup
– Position Sizing/Risk Reward Calculations
– Entry/Exit
– Trade Management based on Market Generated Information

5) Psychological Management
6) Discord Trading Group (community)for consulting on setups/
research/learning from each other/ traders lounge and our daily banter
station

Bitcoin Trading Session

Bitcoin Trading Session at a recent event by www.bitcoinke.io

NB: This will be a marathon course as thereʼs a lot to cover, and we only have one day! You are advised to carry your laptops to follow along on the course.

Trading has a wide range of topics that will require that a beginner takes more time to learn and apply themselves in the market. This one-day seminar distills what we ourselves have learned over time, focusing on essentials of how we day trade.

Afterward, beginners will need to connect with us in our Tradersʼ Lounge Discord Server (free chat app) and follow up with more experienced traders in their daily trading.


At the end of the class, you should have the necessary skill set to get started as a trader. It’s a first-of-its-kind training that compresses 32 hrs of training into a 7-8hr session.

Location & Payment

The course is going for only Kshs. 2,500.

LOCATION: MARBLE ARCH HOTEL, CITY CENTER, NAIROBI

TIME: 8:00 AM – 5:0OPM

Lunch and Snacks will be served!

 

You can pay for the course below:

PAYMENT DETAILS:

VIA BANK DEPOSIT / MPESA

PAYBILL: 400200

ACCOUNT NO.: 01108170890000

SEND PAYMENT DETAILS VIA TEXT OR WHATSAPP TO: +254 721 783 420

 

VIA BITCOIN

BITCOIN ADDRESS: 17NBhX8NdMNxccF4vGd84g92AQXortxSkU

SEND TRANSACTION ID  VIA TEXT OR WHATSAPP TO: +254 721 783 420

 

Once payment is received, we shall send the relevant course materials before the day of the training.

Disclaimer: 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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Press Releases

Abuja Blockchain & Digital Assets Conference 2019 to Be Held on October 4-5

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Abuja Conference

All is now set for the successful hosting of the Abuja Blockchain & Digital Assets Conference 2019 at Sheraton Hotels Abuja on October 4 and 5, 2019. This is Nigeria’s premium hybrid Blockchain Conference of Value and Innovation, annually organized and curated by Blockchain Nigeria User Group, sub-set of Organization of Blockchain Technology User (OBTU), a pioneer group of enthusiast, developers and industry practitioners championing the adoption of Blockchain technology through education across Nigeria and Sub-Saharan Africa.

The conference will be chaired by Mr. Lawal J. Ahmed an Executive Director at Keystone Bank Plc. Prof Kingsley Mughalu, former UN Diplomat and a former Deputy Governor at CBN, is expected to grace the conference as the Lead Keynote Speaker.

Date: 4-5th October 2019 | Venue: Abuja Sheraton Hotels, Abuja Nigeria | Time: 10.00 AM

The agenda of this year’s conference is “The Blockchain Trust-Architecture for Governance and Public Service”.

At the upcoming #AbujaBlockchain2019, attendees will discover how Blockchain, Artificial Intelligence (AI), IoT, Big Data and Virtual Financial Assets are altering and disrupting incumbents and creating new opportunities for forwarding-thinking individuals, nations and organizations. As for government agencies, they will also discover how different countries are already utilizing the blockchain trust-architecture to increase public service delivery and improve citizen participation in governance.

Some of the expected Keynotes and Special Guest include Hon Femi Gbajabiamila (Speaker HoR Nigeria), Hon Solomon Adaelu, Member HoR, Chairman of Bi-Partisan Blockchain Group at the National Assembly, Dr. Isa Pantami, Hon Minister of Communications, Kashifu Inuwa Abdullahi, DG NITDA, Rakiya S. Mohammed- Director, Information Technology Department Central Bank of Nigeria (CBN), and Joshua Hawley, founder Blockchain Advisory Mauritius/ Co-Founder of Mauritius Ethereum Alliance.

Blockchain Nigeria User Group

The conference has three tracks consisting of Panel discussions, Innovative Tech product Exhibitions, and Blockchain4Good Hackathon, The hackathon is being supported by RadikalHub, IBM and Vite Labs. The event sponsors include Quanta, Kudi-Exchange, Jelurida Africa DLT, Bitfxt, Naija Crypto, Swipe and BFC International.

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

More information about the event is available at the event website: https://blockchainnigeria.group/

Disclaimer: 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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