{"id":33777,"date":"2023-01-24T09:37:04","date_gmt":"2023-01-24T09:37:04","guid":{"rendered":"https:\/\/lydian.io\/?p=33777"},"modified":"2023-01-24T09:37:04","modified_gmt":"2023-01-24T09:37:04","slug":"have-you-seen-what-africa-is-doing-with-web3","status":"publish","type":"post","link":"https:\/\/lydian.io\/have-you-seen-what-africa-is-doing-with-web3\/","title":{"rendered":"HAVE you seen what Africa is doing with Web3?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
<\/p>\n
In the event you've examine Blockchain and Web3 earlier than, you understand that this business is filled with huge buzzwords and half-baked ideas. Nonetheless, ideas like decentralized id companies or DIDs give Web3 actual which means and usefulness. In the event you're new to DID, it refers to a separate, impartial id that permits trusted knowledge alternate. In different phrases, it places digital id administration and governance proper in your palms, as a substitute of these of a 3rd celebration. <\/p>\n
On this week's Crypto Biz, we check out a Web3 partnership designed to convey DID-enabled cost options to Africa. We additionally cowl Maple Finance, the European Central Financial institution and Nasdaq. <\/p>\n
Is Web3 even doable with out decentralized id companies or DIDs? It relies upon who you ask. For Web3 cost options Fuse and ChromePay, DIDs will play a vital function in increasing entry to the decentralized web, particularly in locations like Africa. This week the businesses introduced a brand new partnership to convey a spread of DID-powered Web3 cost merchandise to the African continent. Particularly, ChromePay will combine the Fuse blockchain, permitting customers to entry each conventional and blockchain-based funds proper on their cell units. <\/p>\n
Crypto is booming in Africa! <\/p>\n
A brand new report exhibits that enterprise funding for African cryptocurrency startups grew 11x in 2022. <\/p>\n
(message per @ezrareguerra<\/a>) https:\/\/t.co\/aJwcPQSr9V<\/a><\/p>\n