Category: Blockchain

African Blockchain Ventures See Explosive Growth

Blockchain technology is making waves across the African continent, as it continues to provide fertile ground for the growth and implementation of this cutting-edge technology. According to the African Blockchain Report 2022 by Crypto Valley VC, the funding for blockchain deals in Africa raised a whopping $474 million in 2022, representing a staggering 429% increase in African blockchain venture funding. This surge in funding for African blockchain ventures outpaced the global average of only a 4% increase in blockchain funding. The report revealed that African blockchain funding demonstrated a growth…

African blockchain ventures outpace global funding growth: Report

The African continent continues to be a fertile ground for the growth and implementation of blockchain technology. In the African Blockchain Report 2022 by Crypto Valley VC, it was stated that blockchain deals in Africa raised a total of $474 million, resulting in a 429% increase in African blockchain venture funding. This growth in funding for African blockchain ventures surpassed the global average, which only saw a 4% increase in blockchain funding. According to the report, African blockchain funding demonstrated a growth rate that was over 12.5 times higher than…

Coinbase to help UK on Web3 hub as Treasury reportedly revives blockchain taskforce

The United Kingdom could “turbocharge” its crypto sector and be an “innovation hub for the Web3 economy” as part of a vision laid out by cryptocurrency exchange Coinbase. The comments by the exchange coincide with an April 17 Sky News report that the U.K. Treasury is set to revive the Asset Management Taskforce with a focus on developing crypto regulation in collaboration with the private sector. In an April 16 blog post, Coinbase emphasized the firm is working “seriously” in the U.K. and Europe. It praised the progressive regulatory efforts…

Blockchain Association Seeks Information on De-banking of Crypto Companies

The Blockchain Association, a cryptocurrency advocacy group, has filed additional Freedom of Information Law (FOIL) requests to regulators in the US. The group had initially filed for information from the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency. The new requests were submitted to the Federal Housing Finance Agency and the New York Department of Financial Services, seeking further information on the de-banking of crypto-friendly banks. The organization is interested in learning more about the de-banking…

Blockchain platform for trading securities OTC moves forward with SEC approval

A Delaware company is seeking registration with the United States Securities and Exchange Commission (SEC) to carry out over-the-counter (OTC) stock trading on-chain.  BlackStar Enterprise Group has been developing the platform since 2018 and spent almost two years in communication with the regulator, answering dozens of questions and comments from examiners. Recently, the company has taken the next step in providing a detailed plan to the SEC Trading and Market division about how its platforms will be operated. BlackStar CEO Joseph Kurczodyna told Cointelegraph that he sought the SEC’s permission…

How to use Ganache for blockchain project development

Programming languages like Solidity, which is used to build smart contracts on the Ethereum blockchain network, are frequently used in blockchain development. Ganache helps developers test and debug their applications before deploying them on a live blockchain network. Also, developers must be well-versed in blockchain technology, including its underlying architecture and concepts like consensus algorithms, cryptography and decentralized governance. This article will discuss what Ganache is, and how you can use it in decentralized application (DApp) development. What is Ganache in blockchain technology? Ganache is a software tool developers widely…

Shamba Network Sows the Future of Sustainable Farming in Africa With Blockchain & Climate Solutions – Crypto Projects to Watch 2023

Based out of Nairobi, Kenya, Shamba Network uses blockchain, remote sensing technology and statistical sampling to solve specific problems the region and its people face. The explicit goal is to lower the costs of climate insurance by improving the tools for monitoring, reporting and verification (MRV). That’s a term often used in carbon marketplaces, meaning software and hardware used to measure and verify data points such as carbon dioxide emission. Along the way, Shamba is promoting regenerative practices that will, by implication, also combat climate change. Eventually Shamba aims to…

Regen Network: Environmental Accountability with Crypto and Blockchain Technology – Projects to Watch 2023

Initially, Regen will “steward” the creation of these protocols, bringing together developers and scientists.” First, they are working on carbon sequestration. The Regen Marketplace, where ecological assets are traded, launched in October, and so far has only included carbon credit projects. More types of protocols are proposed in the white paper, involving grassland health, regenerative agriculture and blue carbon, such that more climate-positive behavior is incentivized. Source link