west africa

African Weather Balloon Project Uses Blockchain to Track Climate in West Africa

Source Node: https://news.bitcoin.com/african-weather-balloon-project-uses-blockchain-to-track-climate-in-west-africa/
Time Stamp: September 24, 2021 4:00 AM - Modified On: September 24, 2021 - Published By:
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Republished By Plato

According to the findings of one study, nearly 91% of deaths from natural disasters recorded between 1970 and 2019 occurred in developing countries. This study adds that such a high number of deaths is largely due to a lack of early warning systems and disaster management protocols. Using Blockchain to Store Climate Data It has been shown that improvements in technology can help to lower the number of lives lost as a result of flooding or cyclones. Unfortunately for third world countries, their poor access to centralized data which is

What is Ferrum Network? A Guide to High-speed DeFi

Source Node: https://www.asiacryptotoday.com/ferrum-network-frm/
Time Stamp: August 14, 2020 2:53 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Decentralized finance has risen to become one of the foremost active sectors in the crypto space. With the establishment of decentralized ecosystems with global network effects and interoperability, they have successfully penetrated the fintech industry. One very interesting  DeFi project is Ferrum Network. Ferrum’s revolutionary technology brings networks together, for a consistently high-speed and low-cost transaction experience for each digital asset. It aims to overcome current problems in cryptocurrency usage in real-world finance applications. Table of Contents Background Founder Naiem Yeganeh, along with Co-Founder and COO Ian Friend, laid the

Nigeria Becomes Eighth African Nation to Welcome Bitcoin ATMs

Source Node: https://cointelegraph.com/news/nigeria-becomes-eighth-african-nation-to-welcome-bitcoin-atms
Time Stamp: April 1, 2020 3:01 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Africa’s largest country has welcomed its first Bitcoin ATM.Blockstale BTM, the company that installed the ATM in the Dazey Lounge and Bar in Lagos state, plans to launch more than 30 more terminals across Nigeria.“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in Africa,” Blockstale’s chief executive and founder, Daniel Adekunle, told local media on April 1. Adekunle developed his Bitcoin ATMs in partnership with a tech firm based in Shenzhen, China.Nigeria welcomes Africa’s 15th Bitcoin ATMDespite being home to the largest