Sats & Gwei 10 | Bitcoin Village in Nigeria..! Polygon partners with web3 ladies & More

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!

The markets seem to be swinging sideways with significant depreciations in the value of major digital assets across-board. Local crypto communities however, remain bullish on the potential blockchain technology holds. 

The pace of innovation in the African blockchain space is not slowing down. A solution to effectively tracking ethical commodities has been created via a partnership between Watr and Parity Technologies. This decentralized technology is key to creating a more open internet which can provide transparency and bolster confidence in the quality of traded commodities. 

The Central African Republic continues to achieve milestones in its blockchain space, following the successful launch of its national cryptocurrency. Other African countries are not excluded from these advancements, with Binace moving to open a South African bank account as an expression of increased commitment in the country’s crypto affairs. 

Interests of global blockchain technology companies in Africa remain on the rise, with Polygon, in league with others, announcing its willingness to partner with web3 communities whose missions are geared towards encouraging adoption in Africa. 

With ideation for wider applications of blockchain technology in electoral processes, the creation of a bitcoin village in Nigeria, and the involvement of even more firms with efforts directed towards increasing blockchain technology and adoption in Africa, growth is not slowing down

 

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Sats & Gwei is a BanklessAfrica podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.

 

Disclaimer:

None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember, always do your own research. 

 

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