Fulham Partners With World Mobile, the First Mobile Network Built on Cardano’s Blockchain
World Mobile, the first mobile network built on renewable energy and blockchain technology, partners with Fulham FC. Through this partnership, World Mobile and Fulham FC will connect millions of people to the Internet in Sub-Saharan Africa by sharing ownership of the network.
Throughout the last year, sports organisations and clubs have increasingly become aware of digital currency and its potential value. Starting in the U.S., Carolina Panther, Russell Okung was paid half of his $13 million salary in bitcoin (BTC), according to NBC Sports, and at least two other NFL players already receive at least part of their salary in bitcoin. As blockchain enters mainstream finance and business as the most groundbreaking technology since the Internet, sports organisations will play a pivotal role in creating awareness around its advantages.
Giving a helping hand to the unbanked with Kamari
Many people don’t realise that Africa is one of the world’s last great growth regions. In the coming decades, as Africa’s population doubles to two billion people, its GDP has been predicted to increase from $2 trillion to $29 trillion by 2050.
It is the perfect environment to launch the mass distribution of cryptocurrency. In the developed world you can survive without Bitcoin and its challengers, whereas Africa needs cryptocurrency to thrive. The failure of central banks to regulate their economies is starkest on the continent; double digit interest rates and currencies that can not cross borders are the norm.
Ethiopia s blockchain deal is a watershed moment – Puntland Post puntlandpost.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from puntlandpost.net Daily Mail and Mail on Sunday newspapers.
May 24, 2021
At the launch of bitcoin in 2009, the size of the potential of the underlying technology, the blockchain, was not fully appreciated.
What has not been fully exploited is the unique features of blockchain technology that can improve the lives of people and businesses. These include the fact that it is an open-source software. This makes its source code legally and freely available to end-users who can use it to create new products and services. Another significant feature is that it is decentralized, democratizing the operation of the services built on it. Control of the services built on a blockchain isn’t in the hands of an individual or a single entity but involves all those connected to the network.
At the launch of bitcoin in 2009 the size of the potential of the underlying technology, the blockchain, was not fully appreciated.
What has not been fully exploited is the unique features of blockchain technology that can improve the lives of people and businesses. These include the fact that it is an open source software. This makes its source code legally and freely available to end-users who can use it to create new products and services. Another significant feature is that it is decentralised, democratising the operation of the services built on it. Control of the services built on the blockchain isn’t in the hands of an individual or a single entity but involves all those connected to the network.