Blog Posts

What is blockchain technology? While blockchain appears complicated, and it most certainly can be, its fundamental concept is quite simple. A blockchain is a particular kind of database. To understand blockchain, it's necessary to first understand what a database is. A database is a collection of data that is digitally stored on a computer system. Typically, information, or data, in databases is structured in table format to facilitate searching and filtering for specific pieces of information.

YC-backed Mono raises $2m seed funding to diversify into the internet economy Mono, a fintech startup focused on APIs, has raised $2 million in seed funding. This comes less than two months after the company was accepted into Y Combinator and raised $125,000 in funding. The new investment will help the company expand into a new segment of the Nigerian economy: the Internet Economy. Mono is barely a year old, having been created in August 2020 by Abdulhamid Hassan and Prakhar Singh. While Mono.

'Irresponsible' London Underground Bitcoin advert banned A "reckless" advertisement that enticed inexperienced consumers to purchase Bitcoin has been banned. A poster distributed by cryptocurrency exchange Luno on London's public transport stated: "If you see Bitcoin on the underground, now is the time to buy." The Advertising Standards Authority (ASA) stated that the advertisement was deceptive and omitted critical risk warnings. Luno stated that the advertisements would not reappear and th.

AI emotion-detection software tested on Uyghurs According to the BBC, a camera system that uses artificial intelligence and facial recognition to reveal states of emotion has been tested on Uyghurs in Xinjiang. According to a software engineer, such systems were installed in police stations throughout the province. When shown the evidence, a human rights advocate described it as shocking. The Chinese embassy in London has not responded directly to the allegations, but has stated that politic.

Washington DC accuses Amazon of having unjust pricing policies Washington DC is suing Amazon over allegations that it abuses its position as a retail behemoth. The lawsuit, filed Tuesday, alleges that Amazon's near-monopoly on online sales in the United States results in higher prices for consumers. "Amazon's e-commerce platform benefits from and is protected by Amazon's anticompetitive business practices," it stated. Amazon stated that the lawsuit is "completely incorrect." The lawsuit, fi.

6 Things Every IT Team Should Know  If you own a company with IT Team setup or you work in the IT Department of an organization, or you lead/manage a team of IT professionals, these are the most crucial areas your team should focus on if you are willing to effectively manage and grow your business.  1. Unified Communication 2. DSL Services 3. Video and Voice Conferencing 4. Remote and Mobile Employees 5. Customer Service Technologies 6. Internet Marketing   Unified Commun.

Why South Africa’s Vodacom is planning to sell off part of its M-Pesa stake Vodacom, South Africa's largest telco, has earned premium buyout offers for a portion of its M-Pesa mobile money market. According to CEO Shameel Joosub, Vodacom would be forced to accept these deals if the success of M-Pesa does not substantially increase the company's market valuation. We believe it is premature to have that discussion now. Perhaps two or three years from now, the conversation will be very diff.

South Africa is supposedly Africa’s tech frontier of the future South Africa has been ranked first in the fDi's African Tech Ecosystem of the Future ranking for 2021/2022. It took the top spot in several critical categories, including startup status, business friendliness, and economic potential. fDi Intelligence released the report in collaboration with research firm Briter Bridges. It is fDi Intelligence's inaugural African Tech Ecosystems of the Future ranking. According to fDi intel.

Obama Leader, Nkem Begho advocates a mindset shift in leadership to bridge Nigeria’s digital divide Despite numerous largely uncoordinated efforts, Nigeria's digital divide remains extremely wide. Numerous individuals, groups, and even certain organizations and government parastatals continue to lack access to fundamental ICT infrastructures such as the internet, computers, and software. Numerous peculiar factors have acted as a hindrance to efforts to bridge this divide. They include a .

Lumos Nigeria wins the Sabre 2021, Africa’s biggest PR Award Lumos, Africa's leading solar home system provider, in collaboration with Modion Communications, a fast-growing public relations firm in Africa, won the Sabre Award for 2021 for its social PR campaign in February 2020 supporting indigent schoolgirl Fathia Dele Rasheed from Ondo State, Southwest Nigeria. The African Sabre Award is the continent's highest honor for public relations and corporate social responsibility excellence. .