Tag: Mass Adoption

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Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser

Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to 950 million monthly active users, with expectations to reach one billion soon. Telegram’s CEO…
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‘Trading Through Gamification Can Represent the Future’ Says Banksters’ Alexandru Carbunariu

While centralized exchanges (cexs) are instrumental in helping new users grasp all things crypto, they nevertheless do not go “the extra mile in educating their audience properly,” Alexandru Carbunariu, the CMO at the edutech simulator Banksters, has asserted. According to Carbunariu, a Web3 advisor, properly educating newbies includes making the experience more interactive and fun.…
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Non-Regulation of Web3 Space Making ‘Mainstream Adoption Harder’ Says AGG’s Jack Vinijtrongjit

According to Jack Vinijtrongjit, the co-founder and CEO of the Web3 infrastructure company AAG, more prospective users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to scammers are developed and deployed. Vinijtrongjit argued that the need for such tools will even become “more crucial”…
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Study: Crypto Adoption More Significant in Poorer African Countries

While as much as 66% of surveyed African residents claimed to have been exposed to digital assets like bitcoin, about 82% of respondents said they have never owned crypto. The findings of the survey study suggest that the adoption of crypto is more significant in poorer African countries than in better-off countries like Kenya and…
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Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid…
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More Needs to Be Done to Ensure Tanzanians Understand the Risks of Crypto Trading, Says Blockchain Educator

Tanzanians are embracing cryptocurrencies but more work still has to be undertaken in order to reduce the number of scams in the industry, a blockchain educator has said. In much of the year 2021, blockchain entities and proponents of the technology in Tanzania did much to bring this fintech to ordinary folks in that country.…
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Pandemic Drove Adoption but Information Dissemination Just as Important: Kenya-Based Blockchain Advocate

The adoption of blockchain technology and the use of cryptocurrencies by people in Africa surged to unprecedented levels in 2020. While many have attributed this to Covid-19, blockchain advocates believe their work is partly the reason many are turning to digital currencies. Importance of Education Starting in the first quarter of 2020, the adoption of…
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