Crypto exchange Luno facilitates record R121bn transactions
The home-grown crypto exchange has achieved 300% year-on-year growth compared to January 2020, and recorded $8.3 billion in transactions worldwide.
Former security guard launches blockchain-based marketplace
South African entrepreneur Tim Hogins introduces Blacqmarket, an online marketplace focusing on Africa’s formal and informal business sectors.
SA firms dabble with non-fungible tokens amid global gold rush
More local companies identify the huge potential in non-fungible tokens, as the blockchain-based cryptographic craze booms across the globe.
Visa to settle payments using crypto-currency
The financial services company announces the first transactions settled in USD Coin, a regulated stablecoin backed by the US dollar.
FNB CEO hints at reconsidering crypto-currencies
One year after closing down crypto-currency-backed accounts, FNB CEO Jacques Celliers says the bank is open to embracing crypto assets like Bitcoin.
Standard Bank joins distributed ledger tech network
The bank establishes Africa’s first Hedera network node, which is set to soothe some of the sore points that have historically beset cross-border trade.
SA banks to trial second phase of SARB's blockchain project
Absa, First National Bank, Nedbank and Standard Bank are among the entities that will explore the use of digital currency, as part of the Project Khokha 2 project.
CSIR, Siemens unlock digital skills for college students
The organisations sign a memorandum of understanding to provide higher learning institutions with critical digital skills.
Blockchain to boost global GDP by $1.7tn
New analysis by PwC shows blockchain technology has the potential to boost the global gross domestic product by $1.76 trillion over the next decade.
Blockchain to play crucial role in switch to renewables
The emerging technology will play a pivotal role in the global transition to renewable energy, the Solar Power Africa conference hears.
Standard Bank looks to blockchain tech for insurance claims
The big four bank is aggressively pursuing the digital insurance space, which has been shaken up by the emerging insurtech start-up companies.