Unlike most of its peers, Conflux designed a three-phase launch plan to roll out the functionalities and features step-by-step.
Binance users in SA will be able to deposit rands from any South African bank account and use features like spot, margin, lending and futures trading.
John Singh, head of the Institute of Information Technology Professionals SA Blockchain Special Interest Group in KwaZulu-Natal, believes there will be strong demand for blockchain and crypto-currency skills in future.
The wealth management group is considering the introduction of a wallet to hold its clients’ digital assets.
The Binance exchange establishes a fiat gateway in SA, allowing customers to buy crypto with rands.
Africa has tremendous potential, and partnerships are essential at this pivotal time within the crypto-currency industry, says the Bitcoin marketplace.
Conflux, a Beijing-based start-up, has achieved a rare feat: winning official Chinese government support for a public, permissionless blockchain.
Researchers are using AI to accelerate clinical trials to find a cure and are working on genome sequencing using high-performance computing resources, says Scott Campbell, Senior Manager, Content Marketing at CompTIA.
How blockchain can be the backbone of African development.
Having launched Testnet in 2019, Conflux is looking to establish a concrete community of developers and miners, and to also partner with African exchanges.
Some banks say they have no appetite for blockchain technologies; others, like Investec, are looking to roll out products and solutions.