Connect with us

News

LATEST TECH NEWS: Bitcoin crosses $30,000 threshold for the first time. 1 other thing and a trivia you need to know today, January 4, 2021

Published

on

Despite CBN’s warning, Nigerians among top users of bitcoins

These latest stories from the tech space will keep you updated with trends today.

1. Bitcoin crosses $30,000 threshold for the first time

BlockStale introduces Bitcoin Teller Machines (BTM) but a lot still at stake in the Nigerian market

Bitcoin, the biggest name in cryptocurrency, has surpassed $30,000 in the wake of 2021.

The cryptocurrency, which had a major rough start during the heat of the COVID-19 pandemic last year, seems to be on a relatively vibrant return, what analysts described as a presumed gravitation from darkest to light.

Today, in value, a single Bitcoin, thus, is worth more than 30 grand.

Cryptocurrency industry experts further speculate that this sudden spike could be linked the increasing wish of investors to secure their money amidst worsening global economic recession.

Starting the new year at an all-time high, with the price sitting just below $32,000 at the time of report, the up take exceeds $20,000 in value for the first time less than 30 days ago.

However, some critics have suggested that the ultrasonic jump in the value was mainly due to new obsessions from new bitcoin venture(rs), who are entering into dealing with crypto for the first time.


Tech Trivia:

Identify the odd company on the list.

A. Microsoft
B. Cisco
C. Tencent
D. Oracle

Answer: See end of post.


2. Rwanda’s Karisimbi ventures into helping hospitals go paperless

Rwandan e-health startup Karisimbi Technology Solutions

With electronic medical records, Rwandan e-health startup Karisimbi Technology Solutions has entered into helping hospitals go fully paperless.

The startup, according to press, offers digital patient files that streamline service delivery.

Today, the startup, so far has been used to treat more than 30,000 patients.

Read also: LATEST TECH NEWS: Sony proposes February to launch PlayStation 5 in India. 1 other thing and a trivia you need to know today, January 1, 2021

The 5 year old company was founded by Angelo Igitego.

According to the founder, he spotted the opportunity when he accompanied one of his family members to a local hospital in Kigali.

He said: “Wait times were very long and difficult. Being a systems thinker, I realised that there was an opportunity to innovate and automate repetitive tasks like patient file creation and retrieval, and billing.”

He added: “Paper files are expensive to print, to store, to retrieve. They harm the environment. They cause delays in service delivery – imagine retrieving one paper file among 20,000.”

Today, Karisimbi makes money from monthly subscriptions and upfront installation fees.


Tech Trivia Answer: Tencent

Tencent Holdings Ltd. is a global multinational conglomerate holding company founded in 1998, whose subsidiaries specialise in various Internet-related services and products, entertainment, artificial intelligence and technology. in globally.

Unlike other listed companies in the trivia post, Tencent is the only Chinese company, standing it odd in a list of American companies. Tencent’s twin-skyscrapers headquarters Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in Nanshan District, Shenzhen.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now