technology
Corporate evolution: How adoption is changing crypto company structures
Crypto-focused companies have come a long way since their beginnings in terms of corporate structure, employee motivation, decision-making systems, compliance and other aspects of their operations. While the early 2010s saw startups founded by small groups of crypto enthusiasts, the space has since grown to become home to large institutional businesses. Still, crypto companies are engaged in business, and business is alien to anarchy. The rapid growth of the cryptocurrency industry in the 2010s transformed small, independent businesses into huge conglomerates with thousands of employees and offices worldwide. Investment funds and professional investors own shares of them, many have functioning boards of directors, and their corporate structures have dozens of departments and divisions. But...
Woolworths is Exploring Electric Delivery Vehicles
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Why DataOps Should Be Embraced to Deliver High-stakes AI
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Safaricom’s M-Pesa & Visa Introduce GlobalPay Virtual Card
Image sourced from HapaKenya. Safaricom has entered an agreement with Visa to form M-Pesa GlobalPay Visa Virtual card which will see the mobile phone-based money transfer service transact in 200 countries. This will allow customers to transact up to Sh150,000 ($1,283.70) per payment and Sh300,000 ($2,567.39) per day. “By partnering with Visa to provide the M-Pesa GlobalPay Visa virtual card, we are looking to bridge the gap for our customers who would like to use M-Pesa anywhere across the world,” Safaricom CEO Peter Ndegwa said. According to Business Daily, the two firms are also targeting to launch the M-Pesa GlobalPay Visa Virtual Card Tanzania, Congo DR, Mozambique, Lesotho, and Ghana. This new deal will make it possible for Visa to fulfill its goal of penetrating the African market. V...
Is education the key to curbing the rise of scammy, high APY projects?
Most people who have dealt with cryptocurrencies in any capacity over the last couple of years are well aware that there are many projects out there offering eye-popping annual percentage yields (APY) these days. In fact, many decentralized finance (DeFi) protocols that have been built using the proof-of-stake (PoS) consensus protocol offer ridiculous returns to their investors in return for them staking their native tokens. However, like most deals that sound too good to be true, many of these offerings are out-and-out cash grab schemes — at least that’s what the vast majority of experts claim. For example, YieldZard, a project positioning itself as a DeFi innovation-focused company with an auto-staking protocol, claims to offer a fixed APY of 918,757% to its clients. In simple term...
The African Internet Connectivity Journey is on its Path to Global Economic Success
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Microsoft Appoints New MD for Innovation Hub in Kenya
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MTN Appoints New Executive for BankTech
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AlphaCode Awards More than $161,000 to Pandemic-founded Tech Startups
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Disrupt Africa Partners with SA SME Fund & Nedbank CIB
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Sheryl Sandberg is Stepping Down as Meta COO
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How to Avoid Privacy Risks from Third-party Automotive Apps
Image sourced from Pixabay. Mobile applications for connected cars provide various features to make life easier for motorists, but they can also be a source of risk. Kaspersky experts have analysed 69 popular third-party mobile applications designed to control connected cars and defined the main threats drivers may face while using them. They found out that more than half (58%) of these applications use the vehicle owners’ credentials without asking for their consent. On top of this, one in five of the applications have no contact information, which makes it impossible to report a problem. These and other findings are published in the new Kaspersky Connected Apps report. Connected automotive applications provide a wide range of functions to make drivers’ lives easier. For example, the...
