Mobile

According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic.

Akon is continuing to expand the planning of his futuristic cities across the African continent. Now, Akon wants to expand the project to Uganda, the Pearl of Africa. But how real are these plans for the African population?

A Virginia-based cloud-based services and mobile apps provider MicroStrategy Incorporated (MSTR) bought another 253 Bitcoin to invest in the booming digital currency industry. The event caused a short-term BTC price increase.

Digital wallets have been here for decades but its adoption and use has grown by about 70% during the Coronavirus plague era and expected to double this figure by 2025.

With everything seeming to be going digital in this Covid-19 pandemic era, the tokenization of payment systems is growing at a high rate across the globe. Blockchain and fintech is now the next big thing.

Financial inclusion of the globe’s unbanked population has been a sensitive issue for years. With the introduction of cryptocurrency, there have been speculations about its potential to get all these people aboard international finance. But is it really so?

One of the most exciting things about the online gaming industry is its growth over the years, and much of that growth has been due to increasing patronage from players who fall majorly into two or both categories: those who have adopted the use of cryptocurrency payments and those platforms that have majored in mobile casino services to capture an underserved gamers population.

Since the launch of cryptocurrency and its underlying technology, blockchain, many were puzzled as to how it would revolutionize various sectors of the economy. Now, businessmen have found a new use case for blockchain technology in the sale of used mobile phones.

The Agricultural Bank of China (ABC), one of China’s state-owned banks released something which appeared to be the beta version of the anticipated Central Bank Digital Currency (CBDC) after a screenshot of the app was widely circulated on WeChat, the country’s equivalence of Facebook.