Features TheBitTimes.com

The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners. Ripple will power new payment corridors between 27 African countries and Australia, the United Kingdom and the Gulf Cooperation Council (GCC) under a deal with African mobile payment s provider Onafriq. Onafriq will use Ripple Payments' blockchain technology along with with three partner ing companies. Zazi Transfer will provide transfer services to Australia, PayAngel will serve the U.K. and Pyypl will serve GCC member states Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Remittances make up a large part of cross-border payment s to Africa. Ripple senior vice president of global customer success Aaron Sears told Cointelegraph: “Sub-Saharan Africa has proven to be a bright spot of crypto adoption, with consumers in countries like Nigeria, Kenya, and South Africa employing digital assets for real-world, day-to-day purposes.” Pyypl is alrea...

Why is there a groundswell toward Bitcoin adoption in Dakar? And could it influence neighboring countries and regions to explore magic internet money? Cointelegraph goes to Senegal, West Africa. The mid-sized African nation recently hosted a Bitcoin (BTC) conference, and more and more merchants and customers are joining the  Lightning Network. Armed with a camera, a Lightning wallet and a microphone, reporter Joe Hall took to the streets of Senegal to peer under the surface of Bitcoin adoption in the capital city, Dakar. As the Cointelegraph YouTube video highlights, Senegal has a young, digitally native population and, in recent years, it's become second nature for people to send money via mobile phones rather than banks. A mobile money provider called Wave, for example, began in 2017 in Senegal and has since expanded to other countries in West Africa. It now boasts millions of users.  Much like Bitcoin, the mobile money revolution attempts to bank the unbanked and improve fina...