India may issue a blanket ban on all cryptos, statements from top officials indicate. However, the government is drafting a new bill that would allow for the private use of cryptos. Just last week, the country introduced a Cryptocurrency and Regulation of Official Digital Currency Bill 2021. The bill spooked investors, as it was identical to the draft of the 2019 bill to ban crypto. The bill wrote that it intended to "create a facilitative framework" for India's official digital currency. To…
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How 3air Aims to Revolutionize Telecommunications in Africa Through Blockchain
According to the World Bank, Africa needs more than $100 billion and over 10 years to solve its connectivity issues. This is an estimate on using the traditional telecommunications, data management, and transfer systems. Unfortunately, going down that path would prevent most African countries from modernizing their telecommunications infrastructures. While the rest of the world would embrace new technologies, Africa would remain further behind. Meanwhile, the potential annual revenue, such as Nigeria’s untapped $60 billion from better broadband, would go…
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