Blockchain technology gave us cryptocurrency, the decentralized digital currency that acts as a medium of exchange across the network. This financial alternative powered by smart contracts facilitates peer-to-peer transactions. This is a good thing mostly because it eliminates the need for middlemen making transactions affordable, faster, and convenient. However, the…

The origin of Decentralized Finance (DeFi) can be traced back to 2015 when Ethereum was launched. Out of the blockchain network came a key development, smart contracts that eliminated intermediaries and birthed DeFi protocols. Since then, according to DeFiLlama, DeFi’s total value locked stands at $42 billion with Ethereum remaining…

In the past, money movement across borders was in form of either a broker network, physically moving the cash, or through a courier. When banks and wire transfers came, it was the answer to the risky, unsafe, and unreliable movement. This method has worked for years but in today’s globalized…

Small and medium enterprises (SMEs) are crucial for developing a country’s economy. How important? According to World Bank, they represent 90% of global business and are responsible for 50% of employment worldwide thus contributing to the GDP of both developing and developed countries. In Sub-Saharan Africa alone, there are 44…

As a business owner, every dollar made is a dollar that counts and a dollar that should be saved or invested. Despite so, corporates have incurred an annual transaction cost of more than $120 billion from additional hidden costs, delayed settlement, and trapped liquidity. To top it all off, the…

Welcome to 2023! This is a new year that is already daring us to be bold enough to step out of our comfort and approach the web 3 space with a new lens. …

The cryptocurrency market has been shaken by the FTX saga which has cost investors billions of dollars. It is quite an unfortunate incident, especially for the customers who are counting their losses and we truly sympathize with them. …

World leaders are congregating in Egypt for the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) to seek out global solutions to climate change through conversations, commitments, and sharing of innovative solutions. As they do so, this global problem also requires Countries, individuals…

In the world of blockchain, smart contracts are the automatic arbitrators making peer-to-peer transactions possible. Every command, request, and execution is a result of the IF/THEN program that stores all its information on the blockchain network. Through smart contracts, more decentralized applications are built. So popular are they that the…