rukinga-blog

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Author: Crypto Could help Address Racial Injustice

Author: Crypto Could help Address Racial Injustice

According to the Bitcoin and Black America author Isaiah Jackson, Bitcoin can be a force for good for Black America especially right now. America has been at a standstill for the last week following the death of African American man George Floyd at the hands of brutal police violence. Violent protests and demonstrations have been seen across the country and have even crossed over to other major…

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Blockchain Platform, Waves, launches Coronavirus betting market

Blockchain Platform, Waves, launches Coronavirus betting market

Blockchain platform Waves, has launched a new betting market that allows users to speculate on whether the spread of the Covid-19 pandemic has passed its peak.

The platform has two tokens in ‘COVID-UP-SEP20’ and ‘COVID-DOWN-SEP20 to bet on whether the number of weekly cases globally will exceed April 4’s record high of 595,802 confirmed infections before September. Waves’ tokens are purchased…

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Tiny Southern Italian Town creates New Currency to help Cope with Covid-19 Economic Shocks

Tiny Southern Italian Town creates New Currency to help Cope with Covid-19 Economic Shocks

A small town in the south of Italy, Castellino del Biferno, has started minting their own cryptocurrency called “Ducati” to support their local economy during these troubled times.

The mayor of this tiny town which is home to only 550 residents, Enrico Fratangelo, had been studying minting money before he had the opportunity to try it.

He explained;

“We decided to mint money to make sure…

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The World Economic Forum talks up Blockchain as Global Economic Recovery Catalyst

The World Economic Forum talks up Blockchain as Global Economic Recovery Catalyst

The World Economic Forum (WEF) has looked at how the deployment of Blockchain-based solutions will help address the supply chain inefficiencies and failures precipitated by the global pandemic. The economic body has released a toolkit that seeks to help businesses adapt their supply chains amid the shocks brought about by the Covid-19 menace.

 WEF advocates for DLT in these troubled times

T…

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The Government of Bogota Launches Free Online Blockchain Course

The Government of Bogota Launches Free Online Blockchain Course

The capital city of Columbia, Bogota, launched a series of online courses to citizens that cover a raft of new technologies which include Blockchain.

The ambitious programs which seek to get the people up to date with new skills, was sponsored by the Mayor’s office of “Bogot’a Aprende TIC”.  Some of the programs that will be offered include; cloud computing, immersive experience, artificial…

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Dole to Launch Blockchain Food Tracing in all its Divisions

Dole to Launch Blockchain Food Tracing in all its Divisions

One of the world’s largest fruit and vegetable distributors, Dole has unveiled a five-year Blockchain plan for food safety. The Dole Food Company will launch product tagging and other advanced traceability solutions across its three business divisions which are; tropical fruits, fresh vegetables, and diversified products in a bid to enhance food safety operations by 2025.

The company in its su…

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Storj has Launched a Free Storage Program for Covid-19 Research

Storj has Launched a Free Storage Program for Covid-19 Research

Decentralized storage network, Storj, has launched a storage program that intends to give a boost to organizations actively fighting Covid-19 through research. The program by Storj is one of the latest contributions that the crypto community has made in the fight against the pandemic.

Organizations researching Covid-19 to get 2TB free storage

The recently announced program will offer free…

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Akon’s Akoin Cryptocurrency to be Adopted by Kenyan Metropolis

Akon’s cryptocurrency company, Akoin has secured an agreement to become the main currency in Mwale Medical and Technology City MMTC in Western Kenya. Mwale Medical and Technology City is a $2 Billion metropolis with a medical and technology complex in Kakamega County, western Kenya. The buzzing metropolis which is the work of Kenyan Billionaire Julius Mwale is home to 30,000 people and thousands…

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Crypto Analyst: BTC Price Approaching a Buy Opportunity

John Olszewitz, a crypto analyst at Brave New Coin, says that a Bitcoin buy opportunity is about to be upon us. According to Olszewitz, a once a quarter buy signal is about to go off. He discusses the “once a quarter once a year buy signal” for BTC in a video that he shared in a tweet.

https://twitter.com/CarpeNoctom/status/1251890286772383745

Indicator Leans on the Bullish Side

He…

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Crypto Scam Revenue has Dropped Immensely as the Market Sheds Value

Research shows that profits made through crypto scams have dropped steadily since January. On a seven day moving average the money made by crypto scammers dropped from $800,000 worth of crypto to below $300,000 at the start of this month. This huge collapse has been attributed to the market drop earlier this year.

Analysts expected that the pandemic would make people less susceptible to scams…

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Tim Draper: Pandemic could push Bitcoin to the Mainstream

The Covid-19 pandemic has affected the U.S stock market adversely. Things have not only been dire for the economy but also for everyday Americans who breathed a sigh of relief when a $2 trillion stimulus package for them was passed by congress. The ailing economy is now the focus of congress, with a $7 trillion stimulus package being discussed.

Bitcoin enthusiast and advocate Tim Draper…

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Deutsche Bank Official: Covid-19 encourages development of CBDCs

The Covid-19 pandemic will fast track the development of Central Bank Digital Currencies (CBDCs). According to Deutsche Bank macro strategist Marion Laboure, there is a fear that cash transactions are spreading the virus fast. The threat of cash spread infections will motivate central banks to work on digital currencies according to Laboure. Back in mid-February China started to lock away its…

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Blockchain Projects Launch Joint Corona Testing App

In the middle of the Covid-19 heat that the world is currently experiencing, Genobank, a Blockchain project that seeks to offer consumer ownership of DNA data, is preparing to launch a Corona virus testing app. The app will based on EOS and will be based on Blockchain platform Telos.

A recent announcementfrom the Telos foundation shows that the app will allow users to share their information…

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Steady Internet Technology Growth Will Boost Crypto Adoption

2020 so far has been dominated by a series of bad news. Amid all the bad news, tiny facts like the growing number of internet users escape us. It may not seem like any news to many, but 4.5 billion people were active users of the internet as at  January, that’s over half of the global population. This is no doubt a big deal considering the importance of the internet in today’s world. The…

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U.S Corona Stimulus Package could lead to marginal Bitcoin Gains

The $2 trillion economic stimulus package recently passed by Congress to bail out struggling Americans may cause marginal improvement in the value of Bitcoin. This is according to various investors and analysts among them, Wayne Chen, the CEO of Interlapse and founder of digital currency platform Coincurve.

Data Shows increased online Crypto Searches Recently

Data showing recent online…

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Zimbabwe Opens the Door for Digital Currency Regulation

The reserve bank of Zimbabwe is interested in regulating digital currencies and has already begun drafting a policy framework.

This move comes just weeks after the highest court in Indialifted restrictions that had been put in place to prevent financial institutions from dealing with crypto. Zimbabwe now seems ready to open up doors to crypto regulation with a warning against deceitful actions…

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Tim Draper: Centralized systems Wont Save the World After Crisis, Bitcoin Will

Despite the crushing drop in prices in both the crypto and stock markets, billionaire investor Tim Draper is giving yet another optimistic Bitcoin forecast. The Billionaire, who has made a name for himself for being a strong crypto advocate, did an interview with the 415 stories podcast.

Bitcoin will save the day

The billionaire crypto bull outlined decentralization…