Blockchain technology is used to authenticate transactions involving crypto.

Blockchain is a decentralised technology that handles and records activities spanning numerous machines.

Additionally, it is a peer-to-peer program that allows people to send and read payments just about anywhere in the globe without relying on banks to authenticate transactions.

The usage of crypto in the banking industry has a number of advantages, including the ability to send and receive payments in a transparent manner and the secure storage of customer information for future use.

AFRICAN CRYPTO MARKET SIZE AND FORECAST

The African Crypto Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW LAUNCH

A world-first crypto water token has been introduced by H2O Water Securities, a South African firm that combines financing, infrastructure, and expertise in the development and operation of water facilities.

The ‘H2ON’ (Water Network) cryptocurrency token is only a way to raise money for international water project financing.

GEM Digital, a digital asset investment company based in the Bahamas that invests in utility tokens listed on more than 30 centralised and decentralised exchanges worldwide, has already invested $150 million in H2ON.

‘Sango Coin’ is a cryptocurrency introduced by the Central African Republic.

In the Central African Republic’s project, overseas investors will be able to purchase “e-residency” for $6,000 and citizenship for $60,000 worth of cryptocurrency, with the equivalent Sango Coins retained as collateral for five years.

Nigeria has introduced a digital currency to its citizens, making it the first nation in Africa and one of the first in the world to do so.

The adoption of the central bank’s digital currency and the blockchain technology that underpins it can raise Nigeria’s GDP.

COMPANY PROFILE

Scroll.io
Wicrypt
Maplerad
Kollider
Momint
RenQ Finance
Gridless
Ivorypay
Pet Rock Investments
Gateway
Monica.ng
Hurupay
DPAToken (DPAT)
Halo Wallet
Pera