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Decentralized Finance (DeFi) is a cryptocurrency financial term for financial applications built using smart contracts on the blockchain network, mostly on the Ethereum blockchain. Some popular applications of the DeFi ecosystem include cryptocurrency lending, staking, decentralized exchanges, derivatives, payment platforms.
DeFi is a middlemen-free financial architecture with the security and transparency of the blockchain. You don’t need to pay hefty intermediary commission, nor do you fill lengthy forms; DeFi systems develop a technological trust where assets change hands swiftly and securely.
Today we proudly announce EDCOIN Decentralized Finance, a holistic financial ecosystem of Edmark Group International limited. With the…
Dr. Obiageli Ezekwesili, Senior Economic Advisor, Africa Economic Development Policy Initiative (AEDPI), is to keynote the upcoming BLOCKDeFi2020 Virtual Blockchain Conference scheduled to hold from the 12–13 September 2020 on the 2D AirMeet platform.
Dr. Ezekwesili was Vice-President of the World Bank’s Africa division and is former Nigerian Minister of Education, Minister of Solid Minerals, and a Presidential candidate in Nigeria’s last general elections. She has been a strong advocate of due process, transparency, and accountability in governance, of which she sees blockchain technology as a necessary tool for Africa’s economic transformation.
Opening time: 10:00 AM WAT
The conference organized…
Blockchain Nigeria User Group is happy to announce that all is set for the successful hosting of #BlockDeFi-2020, a fully Virtual live Conference on the 12th & 13th of September 2020. The conference is designed to bring attendees the best industry experts and thought leaders, insightful discussions with unique networking opportunities in a virtual world. Recall that #LagosBlock-DeFi:2020 previously scheduled to hold last may was postponed due to COVID-19 restriction guidelines. #BlockDeFi-2020 will now hold as a global technology event on a 2D interactive virtual environment.
The conference agenda is Unpacking Blockchain and the potentials of alternative, open trustless finance…
The fundamental benefits of adopting crypto-assets in modern banking systems cannot be over-emphasized. There’s a need to figure out how we can cleverly remove all the frictions at the intersection of crypto-sphere and traditional/ fiat finance, leverage the current boom in the multi-billion dollar crypto-assets industry and drive economic development in Nigeria.
Nigerian Crypto companies and banks can work together, just like Fintech companies are working together with banks.
Agreed, Cryptos and banks have been seen as bitter enemies, which is understandable. …
Ghana, Cote D’Ivoire, Mali, and Burkina Faso are three of West Africa’s most active gold-mining countries. These nations are all major gold producers, and for investors interested in gold in Africa, they are important areas to keep a close eye on.
Other countries with significant gold mining activities include Nigeria, Togo, Niger, and Sierra Leone.
West Africa supplied the world 9.4% of its gold in 2016.
This project targets people who are interested in learning more about bitcoin and how it can help in creating a more decentralized and equitable world. Being financially sovereign has become a necessity and bitcoin offers the primary tool to attain that. The main point of this project, just like the RaspiBlitz project’s vision, is to educate and train capable node operators across Africa, who then can help their small communities maintain “friends and family node” in other to secure a healthy financial future for them.
According to The World Bank, 1 in 3 persons in Africa still lack access to…
Cryptocurrency, a digital payment system that functions outside of traditional financial systems in a trustless environment, is a rapidly developing issue for The Nigeria Police and other local law enforcements. Transacting in cryptocurrency creates the perception of elevated levels of confidentiality or pseudonymity, hence often perceived as illegal by the men of the force, leading to the constant indiscriminate arrest and detention of persons who are perceived to be dealing with these new asset classes. …
Blockchain Nigeria User Group is happy to announce that our next national blockchain technology conference of value and innovation, captioned “Blockchain & Decentralized Finance Conference/ Exhibition Lagos 2020”, #Block-DeFi:2020, for short will be held at the usual prestigious Civic Center facility, along Ozumba Mbadiwe Street, Victoria Island, Lagos Nigeria from the 29–30 May 2020. The conference is designed to bring attendees the best industry experts, insightful discussions on stage and a unique networking opportunity in the breathtaking commercial city of Lagos Nigeria. Our hope is that everyone present will have the opportunity to establish meaningful connections. …
Blockchain Nigeria User Group, Africa's most active, most visible and most value-adding community of blockchain developers, investors, entrepreneurs, crypto traders, and enthusiasts, clearly surpassed the goals set for itself in 2019, now looking forward to 2020 with huge expectations and further development for the blockchain and cryptocurrency industry in Nigeria.
Even though the year started slowly with great uncertainty in the ecosystem regarding regulations, it did not take long before various industry activities began to gain traction.
The truth is that we are now well-positioned to achieve our objectives which is to create a pro-innovation environment for the industry. The…