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Solving Africa's Local Problems With Onchain Solutions

Africa, a continent rich in natural resources and cultural diversity, still grapples with deep-rooted challenges that hinder its full potential,Over 50% of Africa’s population remains unbanked, and millions face challenges in accessing basic services like healthcare, education, and energy.Emerging technologies like blockchain offer innovative ways to address these problems. By providing transparency, security, and decentralization, onchain solutions could transform the way Africa tackles its ...

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Why You Should Make Your Transactions Onchain Rather Than The Use Of Your Local Banks

What Does The Word "Onchain" Mean? Onchain refers to any transaction, process, or data that is recorded directly on a blockchain network. A blockchain is a decentralized, digital ledger that securely records information across multiple nodes, making it transparent and tamper-proof. When a transaction is onchain, it:Is Permanent: It becomes a part of the blockchain and cannot be altered or deleted.Is Verified: It is validated by a network of nodes or miners, ensuring accuracy and security.Uses...

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Understanding The Base Ecosystem and It's Mission to Onboard Millions Onchain

Base🔵Base is an Ethereum Layer 2 blockchain developed by Coinbase, is transforming how decentralized applications (dApps) and smart contracts interact on the blockchain. Its purpose is to create a scalable, affordable, and accessible environment for these technologies, making them available to a broader audience and, ultimately, to the mainstream. This improvement means that both users and developers have a more efficient and affordable way to access Ethereum-based applications.Base’s Goal t...

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Understanding the Connection Between Base, Ethereum, and Coinbase

At the forefront of these advancements is Base, a Layer 2 blockchain solution built on Ethereum and developed by Coinbase.This relationship among Base, Ethereum, and Coinbase highlights a strategic partnership between a major crypto exchange and a leading blockchain, ultimately aimed at building a scalable and secure foundation for the next generation of decentralized applications (dApps). What is Base🔵?Base is a Layer 2 blockchain network developed by Coinbase, one of the largest cryptocurr...