BoG Assures Provision of Regulations to Support Blockchain Innovations

First Deputy Governor of the Bank of Ghana (BoG), Dr Maxwell Opoku Afari, has said the central bank remains committed to blockchain innovations that can propel the country’s development agenda. Delivering a keynote address at the second edition of the Blockchain Conference in Accra, he said the BoG will continuously provide a regulatory environment that is supportive of innovation without undermining stability of the financial system. “I urge you to …

GHANA TO HOST THE FIRST-EVER BLOCKCHAIN CONFERENCE

Ghana will host the first-ever Blockchain Conference, themed “Blockchain technology for development, on Thursday November 16, 2017, at the Golden Tulip. Blockchain, the digital distributed ledger technology for recording ordered set of crypto-currency transactions securely including Bitcoin, Etherum etc, has generated a lot of interest in the business sphere.The advent of Blockchain / Crypto Currencies has undoubtedly changed the paradigm of business transactions worldwide and Ghana is no exception as …

GHANA DOT COM PIONEERS THE FIRST BITCOIN – CRYPTO CURRENCY IN AFRICA

 The year 2016 promises to be a good year for technology in Africa. A Ghanaian total IT Solutions company, Ghana Dot Com (GDC), has established a Bitcoin producing farm adding several hundred Tera hashes per second capacity to the global Bitcoin producing pool. This is the first in Africa and the first crypto coins were produced on 8 February 2016. The Chairman of GDC, Prof. Nii Quaynor, a Ghanaian Internet …

INTERNET PIONEER NII QUAYNOR THINKS THE BLOCKCHAIN CAN CHANGE LIFE IN GHANA

When Nii Quaynor learned about Bitcoin, he immediately saw its potential in Ghana. But someone had to go first. “What’s the hardest part about Bitcoin? Mining? Then let’s do that.” Doing the hard part to get projects off the ground seems to be hard-wired in Quaynor; he’s been inductedinto the Internet Hall of Fame for two decades of pioneering Internet build-out in Africa. At Consensus 2016 in New York City – a Coindesk event – Quaynor told me …