OPINION | Francis Lutalo | Access to financial services, has increased in recent years thanks to the eruption of mobile money. Between its introduction in 2011 to date, more than 10 million accounts have been created far outstripping the banking sector’s numbers. As a result, according to a survey by the …
Read More »Reginald Tumusiime is new chairman of Blockchain Association
Kampala, Uganda | THE INDEPENDENT | The Blockchain Association of Uganda (BAU) has ushered in new leadership, just over six years after its establishment; welcoming Reginald Tumusiime, the CEO of CapitalSavvy, as its new Chairman. Tumusiime is taking over from Kwame Rugunda, the Founding Chairman of the Association and CEO …
Read More »Tech-centric company, CapitalSavvy passes out 20 blockchain trainees
Kampala, Uganda | JULIUS BUSINGE | Leading tech-centric finance company, CapitalSavvy yesterday passed out a group of 20 trainees who completed a course in Blockchain technology. The 20 made the pioneering cohort of the Blockchain Innovation Program that was launched in the last quarter of last year. CapitalSavvy partnered with international …
Read More »Nigeria launches Africa’s first central bank digital currency
Abuja, Nigeria | Xinhua | Nigerian President Muhammadu Buhari on Monday launched the eNaira, the country’s central bank digital currency (CBDC), becoming the first African nation to introduce an official digital currency. With the launch of the eNaira in Abuja, Buhari noted Nigeria is also one of the earliest in the …
Read More »The power of blockchain as a tool to fight cybercrime and fraud
A look at Binance’s efforts towards User Protection and Cyber Security in Africa to ensure a secure and sustainable growth of the global crypto ecosystem Kampala, Uganda | THE INDEPENDENT | With the current increase in the adoption of financial technology in the world, unsuspecting people continue to fall prey …
Read More »Blockchain’s first Revolutionary product
It could be online ID | LUCIAN TIPI | In an interview, PayPal’s chief executive, Dan Schulman, recently discussed the prospects for blockchain – the encrypted, decentralised online ledger system that underpins Bitcoin and myriad other cutting-edge projects. While talking about blockchain’s potential for improving how people make payments around …
Read More »Is blockchain technology gaining traction?
African countries have a long way to go as they continue being recipients of blockchain technologies Kampala, Uganda | JULIUS BUSINGE | Blockchain technology has recently emerged as one of the biggest innovations in the world. Michael Niyitegeka, a Kampala based information technology expert explained to this reporter that …
Read More »Understanding Blockchain
ANALYSIS: Bitcoin is often confused with blockchain which is the technology on which the cryptocurrency is based Kampala, Uganda | Morris Borris Atugonza | A blockchain is a database that is shared across a network of computers. Once a record has been added to the chain it is very difficult to change it. …
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