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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents.

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Banks adopting blockchain technology: Why, and which banks are leading the way?

Openxcell

In today’s digitalized world, we are aware that blockchain has attracted many sectors, but finance is arguably the most prominent one. The conventional financial system has crashed, forcing the government to issue huge stimulus packages. Blockchain focused on addressing the blackouts that occurred during the global financial crisis.

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Expected Blockchain Statistics and Trends for 2024

Openxcell

When Blockchain first emerged as the technology that backed cryptocurrencies, it was met with cynicism and skepticism. A decade and more later, the hype hasn’t died down and blockchain is all the rage. Blockchain market was worth $5.85 Tech experts were undermining its functionalities and criticizing its fervor.

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Blockchain in Education: Use Cases, Challenges, and Examples

Openxcell

The education sector is undergoing rapid changes due to the internet and digital learning. One of the newest introductions to the field is blockchain technology. Cryptocurrencies like Ethereum and Bitcoin have often been associated with blockchain technology. Why blockchain in education?

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Concept to Cost: A Complete Guide to Blockchain Implementation

Openxcell

What is Blockchain technology? Blockchain Technology is a modern database infrastructure that revolutionizes information sharing amongst the network of participants. Due to this, Blockchain technology emerged as a potent immutable ledger for tracking orders, accounts, payments, and other transactions.

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How to Hire Fintech App Developer for a Banking Platform with Java and Android

Mobilunity

Fintech has revolutionized banking, improving operational efficiency and client satisfaction. Java is great for banking app backend systems because it’s portable, fast, and secure. Android, the world’s most popular mobile operating system, makes banking apps accessible to many consumers.

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What is Stellar blockchain and how it works: A beginner’s guide

Openxcell

Blockchain has evolved from being one of the most misunderstood and ambiguous terms in the technology world to a common term. Its use has become ubiquitous across industries, from banking to healthcare to supply chain management. Bitcoin blockchain’s huge growth has inspired many other projects to follow suit.