BitMari a blockchain startup incubated by BitHub Africa, has teamed up with the National Society of Black Engineers to bring you a unique opportunity to tackle financial challenges across the global African Diaspora. Through its iLoveBlackPeople bus tour, BitMari has been inviting undergraduate students, graduate student, and professionals across all fields, including developers, designers, product developers, and…
Africa is leapfrogging traditional and legacy banking payments systems in use in much of the developed World through fast adoption of mobile and internet based technology. Cutting edge blockchain technology such as Bitcoin has great potential in creating efficiency and disrupting traditional mechanisms for international trade, resource management, and governance where current transaction costs are…
In this episode, the focus is on the role of incentives in blockchain technology, specifically in Bitcoin, to ensure network security. Two main consensus algorithms for providing these incentives are discussed: Proof of Work (PoW) and Proof of Stake (PoS). In PoW, miners use computational power to solve complex equations, thereby creating new coins and…
LocalBitcoins.com is a peer-to-peer service that allows people to connect with each other to buy and sell bitcoin ‘in person’. This term ‘in person’ is a broad term that doesn’t necessarily mean that the transacting parties have to be in the same geographical location or space-time continuum. Though it is not to say that they…
BitMari, a Pan-African blockchain start-up, revolutionising remittances throughout the African diaspora through the use of blockchain technology has been successfully used to test a Bitcoin Lightning transaction with Tim Akinbo, co-founder and CTO of Tanjalo, a bitcoin startup based in Lagos, Nigeria. Tim was able to send $15 dollars from Nigeria to a recipient in…
BitHub Africa held the first Bitcoin Roundtable and Nyamachoma Barbecue targeting Techpreneurs & Startups on Saturday 18th March 2017 at the new Incubator in Nairobi. The event targeted entrepreneurs looking to use the Bitcoin blockchain as a network to develop or scale solutions. The topics and event speakers were as follows: The African Blockchain Opportunity –…
