Africa Business West Africa World 

Sierra Leone launches Africa’s first blockchain online ID platform

Sierra Leone has become the first African country to launch a blockchain national digital identification platform. The country’s President Julius Maada Bio officially launched the system in the capital Freetown on Wednesday. This is the first time an African country is implementing such an online credit system designed by a San Francisco-based tech charity called Kiva. With such a system it becomes easier to identify ordinary citizens seeking loans since accessing their their credit history becomes easier. The platform will enable financial institutions capable of lending to look up citizens’…

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Business Investments 

Bitcoin and Blockchain Explained

What is Bitcoin?  Bitcoin is an online investment system where money is being saved in a digital currency using Blockchain technology. We usually express Bitcoin as a digital currency in dollars. The stored value of bitcoin fluctuates like most currencies or precious metals such as gold or silver. In the cryptocurrency marketplace, there are over 2172 cryptocurrencies operating in 10,840 exchanges, with a market capitalization of over $234 billion (Coinlore.com, 2019). All cryptocurrencies depend on the Blockchain technology, to function seamless and provide the robustness and privacy that investors deserve.…

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Business Development Global News 

10 areas to apply Blockchain in healthcare

Many industry leaders are discussing blockchain — from the President of the United States to the Nigerian government. Despite all the global publicity, the blockchain idea still appears to be hard to get a handle on, which makes it a standout amongst the most misunderstood technological advances of 2017(1). Blockchain technology is a distributed database that allows users to share data globally and eliminate the need for the middleman or a “gatekeeper”. They have proven the robustness of Blockchain technology in its initial application, which was Bitcoin. We have now…

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