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What Are Dapps?

What are Dapps you might ask? Imagine having your car working away, transporting passengers while you’re at work. Imagine having your computer utilizing its spare capacity to serve businesses and people across the globe. Imagine being paid for browsing the web and taking ownership of your, arguably invaluable, attention. Imagine a world like that. That world is not far away. A paradigm shift in the way we view software models is approaching. When Bitcoin, the first cryptocurrency, made us reassess our definition of Store of Value (SoV) , it also revealed a sneak peek of the future: a world running on decentralized applications (Dapps) . These distributed, resilient, transparent and incentivized applications will prove themselves to the world by remapping the technological landscape. Understanding Blockchain Before we can even fathom what Dapps do, we need to be familiar with its underlying technology—the blockchain. Put simply, a blockchain is a ledger of records organize...
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Lady of 28 years who retired with $2.25 million

After seven years of working in the corporate world, one New York City-based twenty-something had a nest egg big enough to retire early. She goes by the pen name J.P. Livingston on her blog The Money Habit, where she discusses how she had financial independence on the mind from an early age. When she was only 12, she picked up a copy of the personal finance classic “Rich Dad, Poor Dad,” which sparked her interest in saving and investing. When she realized she could save big by finishing college in three years, she jumped on the opportunity. Graduating a year early “really helped me financially,” she said “It saved me a year of tuition and gave me a year’s worth of extra income, and between the two things, that’s a $150,000 net worth swing.” After graduating, Livingston took a job at an investment firm, where the starting pay was $60,000, plus an end-of-year bonus that was almost the same amount. Total: just over $100,000. She received several raises in the years following, ...

Investment lessons from Cows

I learned the difference between cash flow investing and capital gains investing from a herd of cows. When I was 16 years old, rich dad took his son and me to visit a cattle ranch. The ranch was a beautiful place to visit.  On this visit to the ranch, we happened to see cowboys herding cattle from the feed yard to the slaughterhouse. Although rich dad took us away before we could see any cattle being slaughtered, we knew what was going to happen… and so did the cattle. It was an experience I will never forget.   A few months later, rich dad took us to a dairy farm. Early in the morning, we saw the farmer herding his cows into the barn for milking. These cattle behaved very differently.   The financial lesson rich dad wanted us to learn was that, while both the cattle rancher and the dairy farmer count their cattle as assets, they treat their assets differently, and they operate via different business models. The visits to the ranch and the farm were to emphasi...

Huge: Coca Cola invests in cryptocurrency payment

Customers can use their Sylo Smart Wallet at any one of our 2000+ vending machines Leading brands are now trooping into the world of cryptos Just recently Amatil X a corporate venturing platform of Coca-Cola Amatil invested an undisclosed amount of money into Centrepay a crypto payment provider, as part of the startup’s funding round. This funding will facilitate Centrepay capacity in providing users the option to pay for soda via cryptos on any of Coca-Cola’s 2,000+ vending machines across Australia and New Zealand. Centrapay CEO, Jerome Faury, says the two companies have strong strategic alignment. “Both Centrapay and Coca-Cola Amatil are committed to preserving consumers’ privacy and data ownership rights, whilst increasing business value. “The fact that Coca-Cola Amatil has invested in Centrapay through Amatil X shows that there is a real appetite to provide customers with new ways to engage or to exchange value,” Faury said. What you must know: Centrapay’s primary func...

Nigerian Government to Adopt Blockchain Technology to boost FDI

South Africa has already started taking actions, same as Uganda The Chief Executive Officer of Kure Holdings, Mr. Tega Abikure, who gave the advice during the company’s recent investment forum in Lagos, said with effective industry collaboration and government support, the adoption of blockchain technology could become a major source of foreign direct investment for Nigeria. Abikure noted that Nigerian government was slow in understanding and embracing the technology to drive economic development in the nation at a time other nations were already taking advantage of it. He revealed that with global cryptocurrency market, having capitalisation in excess of $500 billion, the ecountry can take advantage of it and attract a lot of money for its citizens once the right expertise is developed locally to tap into it. According to him, Blockchain represents the new economic revolution of the 21st century with a vast possibility of its application in several areas of the economy suc...

Apple, Google, and Netflix don't require employees to have 4-year degrees

"Our company, as you know, was founded by a college drop-out" -Tim Cook, CEO Apple Inc. Many of the nation's most popular companies to work for don't require a college degree, and certain jobs are more likely to be filled with non-college graduates than others, LinkedIn found. Students assume getting a four-year degree and taking on the thousands of students   loans debt that comes along with it is the only way to get your foot in the door at top companies like Apple, Google, and Netflix. Prominent business leaders like Siemens USA CEO Barbara Humpton and Apple CEO Tim Cook are already questioning the need for four-year degrees altogether. Cook recently revealed that about half of Apple's US employment last year included people who did not have a four-year degree. Cook reasoned many colleges do not teach the skills business leaders need most in their workforce, such as coding. Humpton, too, dismissed the idea that a four-year degree guarantees career-r...

Art of Wealth Creation

In Africa, wealth isn’t inherited. It’s made.  When it comes to creating wealth, there is no substitute for hard work. And no one lives this more than Africa and her people. We created the African Wealth Report 2020 to get an in-depth understanding of the people who drive the wealth of this continent – an understanding that will not only enable us to provide you with unique, tailored solutions for your own wealth journey but will give you access to valuable insights into the art of creating wealth. Download Report here