These latest stories from the tech space will keep you updated with trends today.
1. Nigerian anti-counterfeiting company Chekkit expands to Afghanistan
Chekkit, Nigerian anti-counterfeiting company, has reportedly signed a memorandum of understanding (MoU) with Afghanistan’s Ministry of Public Health. According to Chekkit, the development was born in a bid to help tackle the problem of counterfeit medications in the country using its blockchain-based system. The startup, which was formed at the Meltwater Entrepreneurial School of Technology (MEST) in Accra, Ghana, built a platform that tracks product movement and the parties involved in the transfer of products from warehouse to distributor, and on to the final consumer.
Reviews from the public revealed that the company is an anti-counterfeiting, asset tracking and consumer feedback analytics tool. By producing tamper-proof unique ID labels, either as QR codes or numeric codes, which can be placed on premium packaged food and beverage products, it facilitates supply chain and consumer feedback tracking. Industry insights, however, noted that the startup’s Afghan pilot can be traced back to a partnership agreed with blockchain ecosystem Fantom after Chekkit was a strong performer at a challenge run by the company at the AfricArena event in Cape Town last year.
Which of the following is the first search engine on the web.
Answer: See end of post.
2. Nigeria’s ColdHubs emerges winner of FCMB Agritech EPIC Pitch 2020
Nigerian social enterprise ColdHubs has emerged winner of the FCMB Agritech EPIC Pitch 2020 competition. The social enterprise, by virtue of the win, received NGN1 million (US$2,600) in prize money as well as access to workspace and networks for innovation and collaboration. Recall that Nigeria’s First City Monument Bank (FCMB) had, in July, partnered Passion Incubator to launch the third edition of the competition, setting aside NGN1.5 million (US$3,900) to support the top two startups in the programme.
FCMB, the awarding organisation, noted that aside the cash reward, other benefits for winners include mentor support, workspace, and access to market and networks, while entrepreneurs will also have access to Passion Incubator’s resources, partner organisation support, and business development services. Before the eventual win by the ColdHubs, the application phase saw close to 2,000 agri-tech startup applications from over 16 countries around the world. A shortlist of 10 startups was published to enter semi-finals after which six from the list progressed to the final.
3. Samsung wins 5G contract worth over USD6 billion
Korean multinational technology company, Samsung, has won a US$6.6-billion contract order to provide 5G wireless solutions to Verizon Communications in the US. The contract, which was finalised on Friday, September 4, will be valid from 30 June to December 2025. While it is considered as a big win for the electronics giant’s networking gear business, it marks one of Samsung’s biggest 5G contracts since Korea’s largest corporation decided years ago to invest in networking and compete with global players like Nokia and Ericsson.
Financially, the deal is expected to lift Samsung’s market share in the wireless industry at a time leader Huawei Technologies is reportedly “grappling with US sanctions and Washington’s effort to get allies around the world to shut out the Chinese company.” Speaking on the development, the company expressed its excitement as it pushes beyond boundaries to facilitate 5G coverage. A read from the company read in part: “With this latest long-term strategic contract, we will continue to push the boundaries of 5G innovation to enhance mobile experiences for Verizon’s customers.”
Tech Trivia Answer: Archie
The Internet’s first search engine appeared in 1989 and was invented by Alan Emtage, a computer science student from Barbados studying at McGill University. Emtage dubbed his invention Archie, a contraction of the word “archives” to fit the shortened naming conventions of the UNIX operating system.
Join the conversation
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.
INVESTIGATION: Inside UNILAG’s multi-million naira budgetary abuse and academic discord
The University of Lagos located in Nigeria’s commercial capital, Lagos, has been embroiled in controversies with allegations bothering on misappropriation of...
SPECIAL REPORT: Displaced residents of Zamfara battle hunger, as underfunding derails Nigeria’s nutrition goals
On paper, Muhammad Zayyanu is seven years old. The quiet boy who looks shorter for his age could not recollect...
INVESTIGATION: N7.3bn paid for unnamed projects; how Nigerian govt spent N2.2trn in six months
Analysing nearly 3,000 payments made by various Federal Government Ministries, Departments and Agencies (MDAs) over the previous six months (January...
INVESTIGATION… Delay rocks Nigerian govt’s promise of N30,000 covid-19 relief for artisans, others
Before the outbreak of the COVID-19 pandemic in February, 2020, Chukwudi Okoroigwe’s daily earnings as a bus driver was hardly enough to cater to the...
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...