Cryptocurrency

People are talking about Web3. Is it the Internet of the future or just a buzzword?

November 21, 20216:00 AM ET https://www.npr.org/2021/11/21/1056988346/web3-internet-jargon-or-future-vision Web3, short for web 3.0, is a vision of the future of the Internet in which people operate on decentralized, quasi-anonymous platforms, rather than depend on tech giants like Google, Facebook and Twitter.Ani_Ka/Getty Images There’s a buzzword that tech, crypto and venture-capital types have become infatuated with lately. Conversations […]

Cryptocurrency

Nigeria becomes first African nation to roll out digital currency

https://www.aljazeera.com/economy/2021/10/25/nigeria-becomes-first-african-nation-to-roll-out-digital-money Nigeria’s central bank earlier in February outlawed banks and financial institutions from transacting or operating in cryptocurrencies, saying they posed a threat to the financial system.  By Emele OnuBloombergPublished On 25 Oct 2021 The Central Bank of Nigeria joined a growing list of emerging markets betting on digital money to cut transaction costs and boost participation in the […]

Cryptocurrency Facebook

Facebook’s partners yet to commit money to Libra

Dave Lee North America technology reporter Source https://www.bbc.com/news/technology-50149719 23 October 2019 None of the 20 firms partnering with Facebook on its Libra cryptocurrency project have yet committed to financially backing the effort, the BBC understands. Facebook said in June the founding partners would be expected to each inject $10m, but so far no agreement has […]