Tag: Blockchain
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Blockchain tech will aid capital market regulations – SEC
The Securities and Exchange Commission (SEC) says the deployment of blockchain technology will improve efficiency and aid the regulation of the capital market.
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After Binance, Reps go all out against IMTOs, P2P marketplace
The House of Representatives has resolved to investigate the national security implications of the current status of cryptocurrency, blockchain, and other digital asset transactions.
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Nigeria ranks top 10 worldwide for crypto adoption
A Blockchain Technology Company, EMURGO Africa in partnership with PricewaterhouseCoopers (PwC) disclosed that Nigeria ranked among the Top 10 worldwide for crypto adoption.
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FG approves National Blockchain Policy
The Federal Government on Wednesday in Abuja approved the implementation of the National Blockchain Policy for Nigeria.
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FG mulls blockchain technology for public service reforms
The federal government of Nigeria is in the process of rolling out a road map for the implementation of blockchain technology in the country, Dr Dasuki Arabi, Director-General, Bureau of Public Service Reform (BPSR) has revealed.
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Nigeria to lead Africa in AI, blockchain technology – NITDA DG
The Director-General of the National Information Technology Development Agency (NITDA), Mr Kashifu Inuwa, said that Nigeria would lead other African countries in Artificial Intelligence (AI) and Blockchain technology. He said this would lead to the economic diversification of the continent. Inuwa made the assertion on Wednesday at the virtual Digital Africa Conference and Exhibition 2021…
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How dApp development will evolve in the next 5 years
Blockchain technology has been on a continuous growth curve over the last few years. There are several cryptocurrency platforms that allow you to build dApps on their respective blockchains. It’s likely that there will be many more in the near future. Right now, the top platforms to build dApps on are Ethereum, Ethereum Classic, EOS,…
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How Blockchain can revolutionize the energy industry in Africa: OPINION
By Nsikak John In Africa, the demand for electricity largely exceeds supply. Nigeria’s shortage of 173,000MW (for a nation whose current energy needs is around 180,000MW) gave rise to large-scale imports of noisy and polluting power generating sets. Most sub-Saharan African countries experience the same. In rural areas in Rwanda, where over 70% of the…
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Nigeria to introduce blockchain technologies in financial sector
Nigeria is working on a framework for the adoption of blockchain technologies in the financial sector of the economy. Dr. Isa Pantami, Director General of the National Information Technology Development Agency (NITDA) made this known during the Conference on Blockchain Technologies at the Gulf Information Technology Innovation (GITEX) Technology Week 2018 holding in Dubai. TheNewsGuru…
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Bitcoin mining marketplace, NiceHash faces up to $60 million loss in latest heist
NiceHash, a Slovenian cryptocurrency mining marketplace, has said it lost about $64 million worth of Bitcoin in a hack of its payment system. “Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24…