unbanked

Ennova Holdings Launches Upgrade ‘TIER’ to Empower Africa’s Financial Future Through Blockchain Innovation

Revolutionary Blockchain Initiative Seeks to Eradicate Financial Inequality in Africa Highlights: Financial Freedom Vision: Ennova Holdings 'TIER’ introduces blockchain solutions to empower Africa's unbanked population. Educational Empowerment: The organization prioritizes blockchain education for African and Asian youth, fostering economic growth. Innovative Payment Solutions: A multi-tiered app offers accessible, rewarding financial transactions, surpassing traditional remittance services. Global Inclusion: Future plans include a global credit rating agency for the unbanked, bridging international financial gaps. Cape Town, South Africa, 18th September 2023: Ennova Holdings, a forward-thinking organization committed to addressing financial inequality in

Mushe (XMU) to take on Axie Infinity with its ethical play-to-earn offering

As the Mushe Token (XMU) presale continues to go from strength to strength ahead of the July launch (visit Mushe.world for more information) we have begun to receive more information on the suite of products that will make up the rest of the Mushe World ecosystem. The MusheVerse, which as the name suggests is Mushe’s metaverse offering comes complete with ways to earn, buy, sell and trade digital assets such as XMU tokens, digital land and NFTs. A metaverse is best described as a virtual-reality space in which users can interact with

The Importance of Developing the Decentralized Finance Space

The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are sorely lacking in the existing financial system. And it will enable institutions to move real-world assets onto the blockchain, generating untold cost-savings and improved efficiencies.But it doesn’t have to be a violent revolution. DeFi doesn’t necessarily need to overthrow the incumbent system. I believe that DeFi will complement traditional finance, force it to do better, and,

XRP (Ripple) vs XLM (Steller) vs ADA (Cardano): Which Altcoin Reigns Supreme?

Some of the best cryptocurrencies to prospect on are also some of the best values. What if we were to tell you three altcoins — currently priced in the low cents — are all potential sleepers? [embedded content] In the case of XRP (Ripple), XLM (Stellar), and ADA (Cardano), all three altcoins have unique growth potential on the crypto market.  Ripple, for example, has a rich history in e-payments dating back to the days of ripplepay.com, as an early competitor to PayPal.  In 2011, crypto-mogul Jed McCaleb (more on him

Africa Using Blockchain to Drive Change, Part Two: Southern Solutions

With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have been moving beyond finance, developing solutions targeted at issues like unemployment, identity management, health care and supply chain, among others.Amid the growing enthusiasm for crypto and blockchain technology in Africa, industry stakeholders interviewed by Cointelegraph identify a lack of education as one of the major hurdles standing in the way of more

Top 5 Cryptos Other Than Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to

Top 5 Cryptos Not Named Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to

BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic

The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic.The bulletin published by the BIS, a 600-member international financial institution representing the central banks of 60 countries, urges central banks to consider developing CBDCs in light of concerns regarding the spread of coronavirus through existing payment methods.BIS warns of COVID-19 transmission via credit card terminalsThe report notes a significant negative change in consumer attitudes regarding the use of cash in response to the World Health