The Decent Report

Oct 28, 2023

(Mariblock) - The country’s diamond mining partner, De Beers Group, recently launched a blockchain tracing system, Tracr, to verify if diamonds are ethically sourced.

The president of Botswana, Mokgweetsi Masisi, has endorsed blockchain technology in the diamond production sector. He believes the technology can provide more transparency and traceability in the diamond supply chain. 

Masisi, speaking at the Facets conference held in Botswana, said blockchain can help show that diamonds sold have been sourced ethically. 

He said that blockchain’s decentralized ledger can help convince consumers that the diamonds they purchase come from morally correct sources. 

Ethical diamond mining is a concern because, for years, the diamond mining industry has faced allegations of human rights violations, exploitation and environmental harm.

You can read the full article here

Sept 21, 2023

(mariblock) - The eVerify service will be used in the education, health care, production, and legal sectors of the country.

The Vice President of the Republic of Mauritius, Marie Cyril Eddy Boissézon, recently launched a blockchain-based eVerify service at a workshop in Port Louis.

The project was launched at the 21st-anniversary celebrations of the Information and Communication Technologies Authority (ICTA). 

eVerify is a system that uses blockchain to verify and authenticate information or transactions electronically. 

It was launched during a workshop at the Caudan Arts Center in the country’s capital. The workshop was themed ‘Future of Information and Communication Technologies (ICT) Regulations’. 

Vice President Bossézon, in a keynote address, admitted that ICT is a crucial foundation of every economic sector and national growth.

He said emerging technologies such as blockchain, big data, Artificial Intelligence, and the internet create new ways for consumers to interact while disrupting traditional business models.

You can read the full article here

Oct 28, 2023

(bitcoin.com) - A South African crypto investment platform has expressed hopes that an asset recovery proposal will result in users regaining access to funds blocked after its custody partner froze withdrawals. The crypto platform said it has also engaged regulators whom it hopes will help expedite resolution of the matter.

The South African cryptocurrency investment platform Revix has said it is hopeful an asset recovery proposal put forward by its custody partner Haru Invest will ultimately result in users regaining access to blocked funds. However, Sean Sanders, the CEO of Revix, noted that while this may be positive news for users, his company is still unsure of when this process is set to be completed.

As previously reported by Bitcoin.com News in June, Revix began restricting users’ access to a portion (24%) of their funds. At the time, the crypto investment platform argued that the abrupt suspension of withdrawals by its South Korea-based custody partner had necessitated this decision.

You can you read more here

Oct 27, 2023

(cryptoslate.com) - Most countries are struggling to get their populace to use CBDCs as they do not offer the same level of convenience and benefits as private payment platforms.

The global push for central bank digital currencies (CBDCs) faces a compelling challenge: the necessity of private-sector collaboration to ensure their widespread acceptance, Nikkei Asia reported Oct. 26.

According to the report, CBDCs have emerged as a potential alternative to fiat and other digital currencies to increase financial inclusion and enhance efficiency in the global monetary system.

However, their success appears intricately tied to strategic partnerships with existing private payment systems, a lesson learned from the experiences of China and Cambodia.

Slow adoption

China’s ambitious rollout of the digital yuan garnered considerable attention. However, despite extensive trials across 26 areas in 17 provinces by the end of 2022, the currency’s utility remains constrained.

According to the report, most people choose to convert their digital yuan into traditional currency for everyday transactions due to the lack of integration with retailers and payment systems.

You can read the full article here

Oct 21, 2023

(engineeringnews.co.za) - Information technology multinational Microsoft, at its 'AI: A New Era' event on October 30, announced plans to certify 30-million people in Africa in artificial intelligence- (AI-) related skills by 2025, and has partnered with the Presidential Youth Employment Service (YES) to upskill 300 000 South African youths.

"AI is the defining technology of our time and is rapidly gaining momentum in the country. We are seeing many organisations exploring the use of this technology to drive innovation and growth," said Microsoft South Africa CEO Kalane Rampai.

You can read the full post here

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