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‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood

ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among the “game-changing innovations” that the equity markets largely ignored in 2022.  In a Jan. 12 blog post on the ARK Invest website, Wood suggested that the equity market faced a “wall of worry” in 2022, caused by fears of entrenched inflation and higher interest rates and largely ignored some innovative technologies. Wood highlighted that digital wallets are “replacing cash and credit cards,” noting that they overtook cash as the top transaction method for offline commerce in 2020. Further arguing that digital wallets should not be overlooked, Wood noted that they also accounted for approximately 50% of global online commerce in 2021. After the most difficult year ever in the equity market for inno...

Paysend Partners with Afrimoney to Enable Transfers to West Africa

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The Rise of Digital Wallet-Based Apps in Africa

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1Password integrates security API into Phantom Wallet

Digital security service 1Password has announced a collaborative partnership with Phantom Wallet to enable asset holders to amalgamate their vast accumulations of public key addresses, seed phrases and other corresponding security details into a single ‘Save in 1Password’ system. Operating primarily in the traditional financial sector at this time, 1Password has over 100,000 corporate clients from a panoply of industries, including well-recognized brands like IBM, Slack, Shopify and Under Armour. The application programming interface (API) of 1Password aims to simplify the user experience, enable asset sovereignty and assign portfolio responsibility to help investors sufficiently manage their cryptocurrencies and nonfungible tokens (NFTs) held on the Solana blockchain. A centralized entity...

Vodacom Reveals More Details About VodaPay – its “All-Encompassing” Super App

Image sourced from SABC News. /* custom css */ .tdi_4_b3c.td-a-rec-img{ text-align: left; }.tdi_4_b3c.td-a-rec-img img{ margin: 0 auto 0 0; } Vodacom has announced the next phase of development for its e-commerce super app, VodaPay. The app is scheduled for release in South Africa with reports claiming a date closer to the end of the year. The telecom giant also revealed more details about the app, including insights into its development and its ‘Mini Programs’ feature. An All-Encompassing Solution /* custom css */ .tdi_3_a4d.td-a-rec-img{ text-align: left; }.tdi_3_a4d.td-a-rec-img img{ margin: 0 auto 0 0; } Developed by Vodacom Financial Services in partnership with leading global digital lifestyle services platform Alipay, VodaPay, says the company, is an all-encompassing mobile payments...