Africa can create an inclusive society with blockchain, says LBank CEO

Africa can create an inclusive society with blockchain, says LBank CEO

As one of the most populated continents, Africa continues to be an important target for blockchain proponents, as adoption in the region could significantly impact the broader crypto economy.  In an interview with Cointelegraph, Allen Wei, CEO of crypto exchange LBank, explained that blockchain could significantly impact Africa. Moreover, Wei highlighted that adoption within the Continue Reading…

Blockchain Payment startup, Bitmama raises $2m pre-seed funding

Blockchain Payment startup, Bitmama raises $2m pre-seed funding

US and Africa-based blockchain payments startup, Bitmama has announced that it has raised an additional $1.65 million pre-seed fund, ten months after its initial pre-seed round of $350,000. This brings its total pre-seed round to $2 million.  The round was led by Unicorn Growth Capital and Launch Africa Ventures, with participation from Adaverse and follow-on from Continue Reading…

What Is Blockchain Technology? | CB Insights Research

What Is Blockchain Technology? | CB Insights Research

Few people understand what it is, but Wall Street banks, consultants, and celebrities are buzzing about blockchain technology. It’s hard to remove blockchain from Bitcoin, so we’ll start with Bitcoin as we work to understand this technology’s potential. Where is this data coming from? Bitcoin. Blockchain technology. Cryptocurrencies. Initial coin offerings. Everyone’s talking about them, Continue Reading…

Are Application-Specific Chains the Future of Blockchain?

Are Application-Specific Chains the Future of Blockchain?

As decentralized application (dApps) developers gain more experience working with blockchains, some are running into limitations created by the parameters of blockchain architecture. Ethereum, for instance, allows for applications to be created via smart contracts, but does not allow for automatic execution of code. It also maintains fairly strict control over the way consensus and Continue Reading…