One of Y Combinator’s first investments in Africa, Paystack is one of Africa’s most prominent start-ups, particularly in fintech. In 2020, Irish-American fintech giant Stripe acquired Paystack for $200m. Since then, the Lagos based firm has continued to expand into new markets, including Ghana and SA.

PODCAST | Paystack’s plan to dominate SA payments tech

Payments technology success in the SA is the focus in this edition of Business Day Spotlight. Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only). There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

P ayment’s technology company Paystack has offered R1-million in fee-free online payment processing to 100 entrepreneurs and small business owners. It will also provide ecommerce skills training to boost their Black Friday and festive shopping season sales through the Paystack Ecommerce Bootcamp.

Small businesses get Black Friday boost

Paystack will be hosting a free training day for local SMEs hoping to improve their ecommerce strategy. The training is limited to 100 SMEs and will be taking place in Cape Town exclusively. Paystack has brought several partners on board including WooCommerce, The Local Edit, Zoho, TUNL Woww, xneelo, and TDMC.

Paystack offers merchants free ecommerce training ahead of Black Friday

The fintech industry has grown rapidly in recent years, with new companies and innovations emerging across the globe. Here are five lessons from five ecosystems.

5 Fintech Lessons From 5 Ecosystems, Ending At Money2020

A payment gateway is a service that facilitates the transfer of payments or perhaps, electronic payments between a business and its customers. It can also be referred to as an interface that allows customers to pay for goods and services via multiple methods,

Top 9 online payment gateways in Nigeria

Euracare Muti-Specialist Hospital, a leading healthcare provider in Lagos, Nigeria, has proudly unveiled an innovative payment solution in collaboration

Euracare Elevates Patient Experience and advances healthcare accessibility Beyond Borders with Innovative Payment Solution

Complete the Paystack Tech in Retail in South Africa survey. Visit the MyBroadband forum post and post “Done” in the thread. Once you have completed these steps, you will be entered into the ...

Stand a chance to win your share of R3,000 – Take the Paystack Tech in Retail in South Africa survey

Paystack has recently announced the launch of the Paystack Virtual Terminal, a new product that helps physical stores accept and confirm bank transfers. The payment system allows physical stores ...

Tech Tuesday | Here are The Tech Updates You Should Know this Week

Leading fintech company Paystack has partnered with MyBroadband to promote its Tech in Retail in South Africa survey.

Paystack

paystack

In October 2020, Stripe (an American financial service and software as a service company headquartered in San Francisco) acquired Paystack for a rumoured amount of about $200M. Paystack is a technology company solving payments problems for ambitious businesses. Their mission is to help businesses in Africa become profitable, envied, and loved. In this episode of , I sit down with the CTO of Paystack, Ezra Olubi to discuss his background, his work before Paystack, the experiences acquired through the years and more. He shares how Paystack started, why he said Yes to the idea, how Paystack raised money and eventually got acquired; his biggest life lessons and favourite failures and even talks about his personal style. It’s one for the books. #FoundersConnect Learn From the CTO of Paystack https://www.youtube.com/watch?v=MA2OLvxT4oU Video timestamps 0:23 - How would you describe Ezra? 1:16 - How was growing up for you? What experiences shaped you? 3:53 - From childhood till now, what has changed about your views on Religion? 4:50 - What was it about the Paystack idea that gave him the confidence to build it, and with Shola? 9:54 - The ways in which Ezra and Shola complement each other. 11:48 - How do you manage all the people and teams in Paystack? 13:02 - Biggest lesson and favourite failure as a CTO? 15:15 - What mistakes did you make? 17:37 - How hard was it raising money in 2016 vs now? 22:19 - If you were going to do it all over again, what is one thing you will do differently? 23:28 - What friendships have had the most impact on you? 24:39 - How would you describe your style? 25:47 - Have you had any struggles with how people perceive you, and your style? 27:50 - Do you have a lot of male friends? 28:32 - Were you always androgynous? 28:56 - Do you think your style would evolve? 30:04 - Fun questions, bucket list, social media, cereal, favourite city, etc. 32:14 - What should one look for in a technical cofounder if they want to start a company?

Interview with Ezra Olubi, CTO of Paystack, on Getting Acquired by Stripe

Appointment booking software isn’t a new concept. In fact, it’s widely adopted in many industries. But when it comes to salons and spas in South Africa, the adoption rate is surprisingly low. I realized this firsthand during a frustrating visit to the barbershop. I needed a haircut and, as usual, walked in without an appointment. Unfortunately, there was someone ahead of me, and I ended up waiting over 40 minutes. As I sat there, I thought, What if it were a woman needing a complex hair treatment? The wait time would easily exceed two hours. This made me wonder why salons weren’t using appointment booking systems to streamline their operations and improve the customer experience. When I got home, I decided to dig deeper. The Gap in the Market My research revealed something surprising: while appointment booking software exists globally, none of the existing solutions were tailored to meet the needs of South African salons and spas. Most of the available tools were imported from outside Africa and had failed to gain significant traction locally. Determined to validate my hunch, I reached out to several salon owners, particularly those running high-end establishments with heavy client traffic. Almost every salon owner I spoke to shared a similar frustration: • They struggled to manage client appointments efficiently. • It was challenging to juggle responding to new clients while attending to clients already in the chair. Hearing these complaints solidified my idea. I realized this was an opportunity to build something tailored to the unique needs of South African salons and spas. Building the MVP With a clear problem to solve, I got to work. In just three weeks, I built the MVP (minimum viable product) for SwiftBooked. The platform allowed salon owners to manage appointments, track schedules, and reduce client wait times. To test the product, I onboarded a small group of salon owners and their clients. The response was immediate but not without challenges. Our First Big Mistake Initially, we implemented a payment feature that required users to pay a deposit (or the full amount) for their services while booking. However, because we used Paystack (a Stripe alternative), payments took 48 hours to process. This created chaos. Clients would walk into salons claiming they had paid on the platform, but the salon owners hadn’t received the money yet. Understandably, they were frustrated. Within hours of receiving these complaints, we made the tough decision to scrap the payment feature entirely. That night, my team and I worked until 3 a.m. to release an update. Once the payment wall was removed, things started to improve almost immediately. Early Wins After resolving the payment issue, usage of the platform began to grow. Within six weeks of launching the beta, we generated over $400 in revenue. This early success gave us the confidence to move from beta testing to a full public launch. Looking Ahead Since launching SwiftBooked, we’ve been exploring various marketing strategies to grow both our user base and revenue. While our growth has been steady but small, it’s encouraging to see more salons and spas embracing the platform. The journey so far has been a mix of challenges, late nights, and small victories, but I’m incredibly excited for what’s ahead. I truly believe SwiftBooked has the potential to transform the salon and spa industry in South Africa. If you’ve read this far, thank you! I’d love to hear your thoughts—what do you think about SwiftBooked, and do you have any ideas for how we could grow further? Appointment booking software isn’t a new concept. In fact, it’s widely adopted in many industries. But when it comes to salons and spas in South Africa, the adoption rate is surprisingly low. I realized this firsthand during a frustrating visit to the barbershop. I needed a haircut and, as usual, walked in without an appointment. Unfortunately, there was someone ahead of me, and I ended up waiting over 40 minutes. As I sat there, I thought, What if it were a woman needing a complex hair treatment? The wait time would easily exceed two hours. What if it were a woman needing a complex hair treatment? The wait time would easily exceed two hours. This made me wonder why salons weren’t using appointment booking systems to streamline their operations and improve the customer experience. When I got home, I decided to dig deeper. The Gap in the Market The Gap in the Market My research revealed something surprising: while appointment booking software exists globally, none of the existing solutions were tailored to meet the needs of South African salons and spas. Most of the available tools were imported from outside Africa and had failed to gain significant traction locally. Determined to validate my hunch, I reached out to several salon owners, particularly those running high-end establishments with heavy client traffic. Almost every salon owner I spoke to shared a similar frustration: • They struggled to manage client appointments efficiently. • It was challenging to juggle responding to new clients while attending to clients already in the chair. Hearing these complaints solidified my idea. I realized this was an opportunity to build something tailored to the unique needs of South African salons and spas. Building the MVP Building the MVP With a clear problem to solve, I got to work. In just three weeks, I built the MVP (minimum viable product) for SwiftBooked. The platform allowed salon owners to manage appointments, track schedules, and reduce client wait times. To test the product, I onboarded a small group of salon owners and their clients. The response was immediate but not without challenges. Our First Big Mistake Our First Big Mistake Initially, we implemented a payment feature that required users to pay a deposit (or the full amount) for their services while booking. However, because we used Paystack (a Stripe alternative), payments took 48 hours to process. This created chaos. Clients would walk into salons claiming they had paid on the platform, but the salon owners hadn’t received the money yet. Understandably, they were frustrated. Within hours of receiving these complaints, we made the tough decision to scrap the payment feature entirely. That night, my team and I worked until 3 a.m. to release an update. Once the payment wall was removed, things started to improve almost immediately. Early Wins Early Wins After resolving the payment issue, usage of the platform began to grow. Within six weeks of launching the beta, we generated over $400 in revenue. This early success gave us the confidence to move from beta testing to a full public launch. Looking Ahead Looking Ahead Since launching SwiftBooked, we’ve been exploring various marketing strategies to grow both our user base and revenue. While our growth has been steady but small, it’s encouraging to see more salons and spas embracing the platform. The journey so far has been a mix of challenges, late nights, and small victories, but I’m incredibly excited for what’s ahead. I truly believe SwiftBooked has the potential to transform the salon and spa industry in South Africa. SwiftBooked If you’ve read this far, thank you! I’d love to hear your thoughts—what do you think about SwiftBooked, and do you have any ideas for how we could grow further?

The Surprising Experience That Led Me to Launch My Own Product

According to some African IT companies, East Africa is about to become a leader in IT support and IT outsourcing. Favorable conditions are being created for this: education is developing, including in universities, IT companies are under state control and receive support and funding. Valeria Mingova, founder and CEO of PR DOCTOR Agency, tells what PR tools you need to use to enter the international market. Market development in Africa Experts from India have long been leaders in the field of technical support and IT outstaffing. They are inexpensive and the quality of their services is acceptable. Now they are becoming more expensive and refocused on more highly specialized services. In East Africa, there are many young specialists who want to prove to the whole world that they can do more, are better trained, can take on more complex processes, but at the same time they are not expensive. In many countries on the continent in recent years, the central government has begun to develop information technology as part of national policy. For example, Nigeria was able to become one of the leaders in digital progress in the African region in 15 years. Ghana, Tanzania and Kenya are now considered among the most advanced in this area. There are many key participants in the market: accelerators, corporations, startups, hubs, investors. Among the accelerators is the famous American Y Combinator, which has launched 49 African projects since 2015, including payment gateways Flutterwave and Paystack. In 2019, an African startup, the online clothing and electronics store Jumia, entered the New York Stock Exchange for the first time. There are also analogues of accelerators, which are called hubs or innovation centers. These are social structures for collaboration and project development. One well-known example is the Center for Co-Development in Nigeria, which not only helps entrepreneurs develop and launch their projects, but also has its own investment fund. Development forecast of the IT outsourcing and outstaffing industries The development of IT outsourcing is influenced by several important factors: Customer requests are becoming increasingly complex. IT outsourcing is now expected to play a big role in business, participate in strategic processes and expand competencies, including custom development and implementation of proprietary technologies. The cost of services from leading companies is rising. IT specialists from India are becoming more and more expensive, which deprives them of their advantage - low cost. The competitive field is evolving. During the existence of the established structure, international IT outsourcing with leaders and preferences, favorable environment, human and financial potential has developed in a number of countries (including Africa). This makes it possible to seriously fight for clients. And now industry leaders must fight to change their cheap labor status. This suggests that conditions are generally good for IT outsourcing in Africa. But for these companies to succeed, it is not enough to show successful cases, products and solutions. African companies must lead by example to create a “fashion” for African IT outsourcing and become the face of this industry. For this to work, African companies need to actively and intelligently promote themselves. What tools to use 1. Act in external communications from the position of a leader and a major player. Even if the company is not yet so well known in other countries, it is important to secure the status of a company that can solve any client’s problem. When a company takes this stance, it attracts more attention from potential clients and partners. You must achieve certain successes and have expertise in your field in order to practically confirm theses about leadership. Conduct surveys and research. This will help create a “fashion” on the market. Conduct a recent study of the IT outsourcing market, which will show that the market share of Indian companies is declining, while the share of East African companies is growing. This should be shown as a percentage. Then publish these reviews on an exclusive basis on major platforms, for example, Bloomberg, and send information to 100+ media outlets in the USA, Europe, and the Middle East. These are regions with high demand for IT services, and there you need to create the right impression. We need to make sure that the world notices that developers from Africa are competitive both in cost of services and in competencies. Show the largest universities, successful cases, top companies operating abroad, their share in the global IT market, percentage of GDP, etc. 3. Get published in the media. Use online resources as a platform to confirm your expertise and increase the trust of your target audience. Build external communications in other countries from the position of a company that, among other companies from Africa, is at the forefront of the entire African IT outsourcing market and speaks on behalf of this entire market. The main outline of the messages: “While the whole world lived according to the rules that had developed over several decades, many did not notice that Africa had become the flagship of IT outsourcing, displacing the leaders, and here are the reasons...”. And then demonstrate this with examples of your work: a high level of expertise, modern education, government support and funding, prepared infrastructure, etc. It is important to maintain the constant presence of the company's top officials in the largest industry and socio-political media and news agencies. First of all, we are not talking about local media in each specific country, but about large international media: Benzinga, MarketWatch, Yahoo, Finance, Bloomberg. 4. Participate in thematic conferences. As a speaker at panel discussions or speaking among investors and large companies, as a participant with an exhibition stand or in events as a leading company in the East African IT cluster. Or you can create your own event. As a speaker, we continue the basic communication course. Show with specific examples that Africa is the new world leader in IT outsourcing. Find major international events that take place both in Africa and in other countries: Websummit


Slush


Techcrunch


Disruption


CES


London Tech Week


Tech in Asia


Korea Expo


GITEX


GITEX Africa Apply for ratings and nominations. Analyze information in open sources - how is your company mentioned? Is it on big lists like G2? On those sites where the company is represented, it is necessary to put the information in order in accordance with the promotion concept. If a company is not represented, it must be verified and receive badges in order for the company to be included and mentioned in the market research. Receives good ratings quarterly on G2, Software Review, Capterra, etc. Top companies from these ratings are awarded the following nominations: “Spring Leader”, “Fastest Growing Company”, “Company with the best customer service”, etc. To get into such ratings, you need to put all open information about the company in order, and prepare cases well and in detail. Collect at least 1-5 every quarter. 6. Target your publications. First, the article targets the people you need, then the second, then target checklists and other useful materials. What can be done: Do a research for your target audience. Publish in the media on the topic of your research, where you will talk about the results and what to expect in the future. Make a case. Post information about winning a competition or receiving some kind of award. Make checklists, for example: “Find out how to save 30% of your budget on IT outsourcing” or “Checklist: how to check efficiency of IT outsourcing." Network through LinkedIn, Expandi, etc. You can sell to cold audiences or do market research. On LinkedIn you can set up message chains, scripts, attract people to calls, meetings and try to sell your product while the information base for targeting accumulates. For a company that wants to become a market leader not only in its region or country, but also in the world, international PR is the most important tool. It is important to take into account many nuances, use different approaches, and convey the correct meanings and values. According to some African IT companies, East Africa is about to become a leader in IT support and IT outsourcing. Favorable conditions are being created for this: education is developing, including in universities, IT companies are under state control and receive support and funding. Valeria Mingova, founder and CEO of PR DOCTOR Agency, tells what PR tools you need to use to enter the international market. According to some African IT companies, East Africa is about to become a leader in IT support and IT outsourcing. Favorable conditions are being created for this: education is developing, including in universities, IT companies are under state control and receive support and funding. Valeria Mingova, founder and CEO of PR DOCTOR Agency, tells what PR tools you need to use to enter the international market. Market development in Africa Experts from India have long been leaders in the field of technical support and IT outstaffing. They are inexpensive and the quality of their services is acceptable. Now they are becoming more expensive and refocused on more highly specialized services. In East Africa, there are many young specialists who want to prove to the whole world that they can do more, are better trained, can take on more complex processes, but at the same time they are not expensive. In many countries on the continent in recent years, the central government has begun to develop information technology as part of national policy. For example, Nigeria was able to become one of the leaders in digital progress in the African region in 15 years. Ghana, Tanzania and Kenya are now considered among the most advanced in this area. There are many key participants in the market: accelerators, corporations, startups, hubs, investors. Among the accelerators is the famous American Y Combinator, which has launched 49 African projects since 2015, including payment gateways Flutterwave and Paystack. In 2019, an African startup, the online clothing and electronics store Jumia, entered the New York Stock Exchange for the first time. There are also analogues of accelerators, which are called hubs or innovation centers. These are social structures for collaboration and project development. One well-known example is the Center for Co-Development in Nigeria, which not only helps entrepreneurs develop and launch their projects, but also has its own investment fund. Development forecast of the IT outsourcing and outstaffing industries The development of IT outsourcing is influenced by several important factors: Customer requests are becoming increasingly complex. IT outsourcing is now expected to play a big role in business, participate in strategic processes and expand competencies, including custom development and implementation of proprietary technologies. The cost of services from leading companies is rising. IT specialists from India are becoming more and more expensive, which deprives them of their advantage - low cost. The cost of services from leading companies is rising. IT specialists from India are becoming more and more expensive, which deprives them of their advantage - low cost. The competitive field is evolving. During the existence of the established structure, international IT outsourcing with leaders and preferences, favorable environment, human and financial potential has developed in a number of countries (including Africa). This makes it possible to seriously fight for clients. And now industry leaders must fight to change their cheap labor status. This suggests that conditions are generally good for IT outsourcing in Africa. But for these companies to succeed, it is not enough to show successful cases, products and solutions. African companies must lead by example to create a “fashion” for African IT outsourcing and become the face of this industry. For this to work, African companies need to actively and intelligently promote themselves. What tools to use 1. Act in external communications from the position of a leader and a major player. Even if the company is not yet so well known in other countries, it is important to secure the status of a company that can solve any client’s problem. When a company takes this stance, it attracts more attention from potential clients and partners. You must achieve certain successes and have expertise in your field in order to practically confirm theses about leadership. Conduct surveys and research. This will help create a “fashion” on the market. Conduct surveys and research. This will help create a “fashion” on the market. Conduct a recent study of the IT outsourcing market, which will show that the market share of Indian companies is declining, while the share of East African companies is growing. This should be shown as a percentage. Then publish these reviews on an exclusive basis on major platforms, for example, Bloomberg, and send information to 100+ media outlets in the USA, Europe, and the Middle East. These are regions with high demand for IT services, and there you need to create the right impression. We need to make sure that the world notices that developers from Africa are competitive both in cost of services and in competencies. Show the largest universities, successful cases, top companies operating abroad, their share in the global IT market, percentage of GDP, etc. 3. Get published in the media. Use online resources as a platform to confirm your expertise and increase the trust of your target audience. Build external communications in other countries from the position of a company that, among other companies from Africa, is at the forefront of the entire African IT outsourcing market and speaks on behalf of this entire market. The main outline of the messages: “While the whole world lived according to the rules that had developed over several decades, many did not notice that Africa had become the flagship of IT outsourcing, displacing the leaders, and here are the reasons...”. And then demonstrate this with examples of your work: a high level of expertise, modern education, government support and funding, prepared infrastructure, etc. It is important to maintain the constant presence of the company's top officials in the largest industry and socio-political media and news agencies. First of all, we are not talking about local media in each specific country, but about large international media: Benzinga, MarketWatch, Yahoo, Finance, Bloomberg. 4. Participate in thematic conferences. As a speaker at panel discussions or speaking among investors and large companies, as a participant with an exhibition stand or in events as a leading company in the East African IT cluster. Or you can create your own event. As a speaker, we continue the basic communication course. Show with specific examples that Africa is the new world leader in IT outsourcing. Find major international events that take place both in Africa and in other countries: Find major international events that take place both in Africa and in other countries: Websummit Slush Techcrunch Disruption CES London Tech Week Tech in Asia Korea Expo GITEX GITEX Africa Websummit Websummit Slush Slush Techcrunch Techcrunch Disruption Disruption CES CES London Tech Week London Tech Week Tech in Asia Tech in Asia Korea Expo Korea Expo GITEX GITEX GITEX Africa GITEX Africa Apply for ratings and nominations. Apply for ratings and nominations. Analyze information in open sources - how is your company mentioned? Is it on big lists like G2? On those sites where the company is represented, it is necessary to put the information in order in accordance with the promotion concept. If a company is not represented, it must be verified and receive badges in order for the company to be included and mentioned in the market research. Receives good ratings quarterly on G2, Software Review, Capterra, etc. Top companies from these ratings are awarded the following nominations: “Spring Leader”, “Fastest Growing Company”, “Company with the best customer service”, etc. To get into such ratings, you need to put all open information about the company in order, and prepare cases well and in detail. Collect at least 1-5 every quarter. 6. Target your publications. First, the article targets the people you need, then the second, then target checklists and other useful materials. What can be done: Do a research for your target audience. Publish in the media on the topic of your research, where you will talk about the results and what to expect in the future. Make a case. Post information about winning a competition or receiving some kind of award. Make checklists, for example: “Find out how to save 30% of your budget on IT outsourcing” or “Checklist: how to check efficiency of IT outsourcing." Network through LinkedIn, Expandi, etc. You can sell to cold audiences or do market research. Network through LinkedIn, Expandi, etc. You can sell to cold audiences or do market research. On LinkedIn you can set up message chains, scripts, attract people to calls, meetings and try to sell your product while the information base for targeting accumulates. For a company that wants to become a market leader not only in its region or country, but also in the world, international PR is the most important tool. It is important to take into account many nuances, use different approaches, and convey the correct meanings and values.

African IT Companies Need to Actively and Intelligently Promote Themselves to Gain Prominence 

How Blockchain APIs and RPC Nodes Work

Data plays a crucial role in crypto, serving as a tool to monitor real-time changes in prices, markets, and various other information. For many crypto professionals, data is the lifeblood of their work. Before we explore the different types of crypto APIs available, let's first break down what an API is and how it works. What Are APIs? API stands for Application Programming Interface, and it's a software intermediary that allows applications to communicate seamlessly with each other, It serves as the messenger between two applications. You as the engineer will send a request, and the API will take your request to the provider and deliver back a response. API communication could be two servers going back and forth, or an application communicating with an operating system. Users interact with APIs almost every day, through social media, email, and more. APIs serve a broad purpose, it all depends on use cases. Some companies' whole business models are based on providing APIs for developers to build products with; companies as Twilio, Sendbird, Stripe, PayStack, and Anchor. These services created the "API Economy" which allows developers to easily integrate the features these services offer into their products, often for profit. Stripe for payment integration, Sendbird for email integration, Anchor for Financial systems, and more. Other providers can use APIs for tasks as basic as interacting with databases. Developers on the other hand often don't have to create from scratch, the reusability of APIs enables developers to make complex code reusable, cutting out repetition and up-ing development time for more efficient processes. Thanks to APIs, developers don't have to reinvent the wheel, and can easily get complex processes done with fewer lines of code each time they want to create a project. How Exactly Do APIs Work? APIs typically sit between the application and the server. When the developer or user tells the API to perform an action, the application uses the API to send a request that carries specific instructions for the intended action. Assume you're in a restaurant to make an order for food or drink. You tell the waiter (the API) what you want. The waiter relays that order(API call) to the kitchen or chefs at the back(server). You save a lot of time by getting your meal without having to cook it, you are less concerned with the inner workings of the kitchen (server), all you need to know is how to order it, and in the process, you are saving a boat load of time. This is a simple analogy to help you understand just what is going on with APIs. The application knows little about the server, and its inner workings, it just understands how to work with the data it receives from the server. It is important to know that APIs aren't limited to the web alone, practically every machine out there makes use of one API or the other, either commercially or internally within companies. Exploring Crypto APIs Crypto APIs allow developers to access market data, transactions, and blockchains. These APIs enable the creation of applications with tightly integrated features, providing seamless access to vital information and functionality. Cryptocurrency APIs are also extremely important because they save the developers a lot of time, without them, developers would have to manually gather the data which is hard work. These APIs have led to a new wave of crypto-related services that has helped increase adoption globally. Types of Cryptocurrency APIs Of course, there is a wide variety of crypto APIs, each with unique features. However, these are the most common types of crypto APIs. Price APIs: This is the most common type of API, as they provide real-time data on cryptocurrency prices. These APIs can be used by developers for regular users to keep their eyes glued to the market movements of their favorite crypto projects.


Transaction APIs: The whole essence of blockchain is openness and trust, this is why transactions need to be documented. Transaction APIs make it easy to keep a record of every transaction that occurs on a specific blockchain for record purposes.


Blockchain APIs: These APIs provide access to the blockchain itself for developers to build upon. Basic functionality of Crypto Data APIs When we talk about data APIs, we are primarily talking about price. Now that we've explored the basics of crypto APIs and the types. We can elaborate on the functionalities of these crypto data APIs. Data APIs provide real-time price updates and historical data, allowing users to make informed decisions about buying, selling, and trading cryptocurrencies. The APIs are designed to be fast, reliable, and easy to use with a variety of endpoints and parameters to customize the data returned. It would include support for multiple exchanges, coins, tokens, and most importantly trading data. Features of Crypto Data APIs These are the features that a proper data API needs to have: Real-Time Price Update: This is the most critical feature, real-time price update has to be available. The crypto market is extremely volatile, so the price changes have to happen in real-time to allow users to make important decisions on the fly. Historical Data: Historical data is extremely important for analysis purposes. Each coin requires historical data from its launch till data for so many patterns and trends to be drawn. Data Aggregation: A crypto data API often aggregates data from multiple exchanges, making sure users have comprehensive data to study the market progression. Traders especially value this feature for study and comparison purposes. Popular Crypto Data APIs CoinGecko: The CoinGecko data market APIs are a set of robust APIs that deliver several data such as price, volume, market cap, and exchange data. CoinMarketCap: The CoinMarketCap API is an enterprise-grade cryptocurrency API for all crypto data use cases. The API architecture implements RESTful JSON endpoints that allow data scientists, and enterprise business platforms. CoinAPI: Similar to the above two it offers market data through unified data APIs, although less robust. Who is the king of the (Crypto Data API) hill? For me, CoinGecko edges it mainly due to its extensive coverage and trusted reputation. Tracking over 2.4 million cryptocurrencies across 140 networks and 1,000 DEXes, CoinGecko provides comprehensive data that meets the needs of any developer. It’s no wonder industry leaders like Metamask, Etherscan, Chainlink, and many others rely on CoinGecko for accurate and reliable market data. Conclusion The crypto APIs are pivotal to the whole Web3 ecosystem, they allow developers to create applications that interact with different blockchain networks. However, it is important to consider security, pricing, and the available features if you're planning to use any of these APIs in your crypto project. Data plays a crucial role in crypto , serving as a tool to monitor real-time changes in prices, markets, and various other information. For many crypto professionals, data is the lifeblood of their work. crypto Before we explore the different types of crypto APIs available, let's first break down what an API is and how it works. What Are APIs? API stands for Application Programming Interface, and it's a software intermediary that allows applications to communicate seamlessly with each other, It serves as the messenger between two applications. You as the engineer will send a request, and the API will take your request to the provider and deliver back a response. API API communication could be two servers going back and forth, or an application communicating with an operating system. Users interact with APIs almost every day, through social media, email, and more. APIs serve a broad purpose, it all depends on use cases. Some companies' whole business models are based on providing APIs for developers to build products with; companies as Twilio , Sendbird , Stripe , PayStack , and Anchor . These services created the "API Economy" which allows developers to easily integrate the features these services offer into their products, often for profit. Stripe for payment integration, Sendbird for email integration, Anchor for Financial systems, and more. Twilio Sendbird Stripe PayStack Anchor Other providers can use APIs for tasks as basic as interacting with databases. Other providers can use APIs for tasks as basic as interacting with databases. Developers on the other hand often don't have to create from scratch, the reusability of APIs enables developers to make complex code reusable, cutting out repetition and up-ing development time for more efficient processes. Thanks to APIs, developers don't have to reinvent the wheel, and can easily get complex processes done with fewer lines of code each time they want to create a project. How Exactly Do APIs Work? APIs typically sit between the application and the server. When the developer or user tells the API to perform an action, the application uses the API to send a request that carries specific instructions for the intended action. Assume you're in a restaurant to make an order for food or drink. You tell the waiter (the API) what you want. The waiter relays that order(API call) to the kitchen or chefs at the back(server). You save a lot of time by getting your meal without having to cook it, you are less concerned with the inner workings of the kitchen (server), all you need to know is how to order it, and in the process, you are saving a boat load of time. This is a simple analogy to help you understand just what is going on with APIs. The application knows little about the server, and its inner workings, it just understands how to work with the data it receives from the server. It is important to know that APIs aren't limited to the web alone, practically every machine out there makes use of one API or the other, either commercially or internally within companies. It is important to know that APIs aren't limited to the web alone, practically every machine out there makes use of one API or the other, either commercially or internally within companies. Exploring Crypto APIs Crypto APIs allow developers to access market data, transactions, and blockchains. These APIs enable the creation of applications with tightly integrated features, providing seamless access to vital information and functionality. Cryptocurrency APIs are also extremely important because they save the developers a lot of time, without them, developers would have to manually gather the data which is hard work. These APIs have led to a new wave of crypto-related services that has helped increase adoption globally. Types of Cryptocurrency APIs Of course, there is a wide variety of crypto APIs, each with unique features. However, these are the most common types of crypto APIs. Price APIs: This is the most common type of API, as they provide real-time data on cryptocurrency prices. These APIs can be used by developers for regular users to keep their eyes glued to the market movements of their favorite crypto projects. Transaction APIs: The whole essence of blockchain is openness and trust, this is why transactions need to be documented. Transaction APIs make it easy to keep a record of every transaction that occurs on a specific blockchain for record purposes. Blockchain APIs: These APIs provide access to the blockchain itself for developers to build upon. Price APIs: This is the most common type of API, as they provide real-time data on cryptocurrency prices. These APIs can be used by developers for regular users to keep their eyes glued to the market movements of their favorite crypto projects. Price APIs : This is the most common type of API, as they provide real-time data on cryptocurrency prices. These APIs can be used by developers for regular users to keep their eyes glued to the market movements of their favorite crypto projects. Price APIs Transaction APIs: The whole essence of blockchain is openness and trust, this is why transactions need to be documented. Transaction APIs make it easy to keep a record of every transaction that occurs on a specific blockchain for record purposes. Transaction APIs : The whole essence of blockchain is openness and trust, this is why transactions need to be documented. Transaction APIs make it easy to keep a record of every transaction that occurs on a specific blockchain for record purposes. Transaction APIs Blockchain APIs: These APIs provide access to the blockchain itself for developers to build upon. Blockchain APIs : These APIs provide access to the blockchain itself for developers to build upon. Blockchain APIs Basic functionality of Crypto Data APIs When we talk about data APIs, we are primarily talking about price. Now that we've explored the basics of crypto APIs and the types. We can elaborate on the functionalities of these crypto data APIs. Data APIs provide real-time price updates and historical data, allowing users to make informed decisions about buying, selling, and trading cryptocurrencies. The APIs are designed to be fast, reliable, and easy to use with a variety of endpoints and parameters to customize the data returned. It would include support for multiple exchanges, coins, tokens, and most importantly trading data. Features of Crypto Data APIs These are the features that a proper data API needs to have: These are the features that a proper data API needs to have: Real-Time Price Update: This is the most critical feature, real-time price update has to be available. The crypto market is extremely volatile, so the price changes have to happen in real-time to allow users to make important decisions on the fly. Real-Time Price Update : This is the most critical feature, real-time price update has to be available. The crypto market is extremely volatile, so the price changes have to happen in real-time to allow users to make important decisions on the fly. Real-Time Price Update Historical Data: Historical data is extremely important for analysis purposes. Each coin requires historical data from its launch till data for so many patterns and trends to be drawn. Historical Data : Historical data is extremely important for analysis purposes. Each coin requires historical data from its launch till data for so many patterns and trends to be drawn. Historical Data Data Aggregation: A crypto data API often aggregates data from multiple exchanges, making sure users have comprehensive data to study the market progression. Traders especially value this feature for study and comparison purposes. Data Aggregation : A crypto data API often aggregates data from multiple exchanges, making sure users have comprehensive data to study the market progression. Traders especially value this feature for study and comparison purposes. Data Aggregation Popular Crypto Data APIs CoinGecko: The CoinGecko data market APIs are a set of robust APIs that deliver several data such as price, volume, market cap, and exchange data. CoinGecko : The CoinGecko data market APIs are a set of robust APIs that deliver several data such as price, volume, market cap, and exchange data. CoinGecko CoinMarketCap: The CoinMarketCap API is an enterprise-grade cryptocurrency API for all crypto data use cases. The API architecture implements RESTful JSON endpoints that allow data scientists, and enterprise business platforms. CoinMarketCap : The CoinMarketCap API is an enterprise-grade cryptocurrency API for all crypto data use cases. The API architecture implements RESTful JSON endpoints that allow data scientists, and enterprise business platforms. CoinMarketCap CoinAPI: Similar to the above two it offers market data through unified data APIs, although less robust. CoinAPI : Similar to the above two it offers market data through unified data APIs, although less robust. CoinAPI Who is the king of the (Crypto Data API) hill? For me, CoinGecko edges it mainly due to its extensive coverage and trusted reputation. Tracking over 2.4 million cryptocurrencies across 140 networks and 1,000 DEXes, CoinGecko provides comprehensive data that meets the needs of any developer. It’s no wonder industry leaders like Metamask, Etherscan, Chainlink, and many others rely on CoinGecko for accurate and reliable market data. Conclusion The crypto APIs are pivotal to the whole Web3 ecosystem, they allow developers to create applications that interact with different blockchain networks. However, it is important to consider security, pricing, and the available features if you're planning to use any of these APIs in your crypto project.

Crypto Data APIs: The Invisible Force Driving Market Intelligence 

123 Stories To Learn About Youtube Transcripts

Let's learn about via these 55 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Peace Itimi /Learn Repo 1. #FoundersConnect: Mariam Jimoh, CEO & Founder of Oja (Ethnic Grocery Delivery Startup) Peace speaks with Mariam about her grocery startup for afrocarribean people living in the diaspora. 2. #FoundersConnect: Interview with Hanu Agbodje, the Founder and the CEO of Patricia In this episode, Peace Itimi interviews Hanu Agbodje, CEO of Patricia, on his journey as a tech entrepreneur and 3. #FoundersConnect: Abdul Hassan, CEO & Founder of Mono, Backed by Ycombinator #FoundersConnect: Abdul Hassan, CEO & Founder of Mono, Backed by Ycombinator 4. #FoundersConnect: Chimezie Emewulu, Co-Founder and MD of Seamfix Limited. Conversation with an OG Founder, Chimezie Emewulu, Co-founder and CEO of Seamfix. 5. The co-CEOs of Printivo, Temitope Ekundayo and Ibukun Oloyede on How to Run a Company Peace interviews co-CEOs of Temitope Ekundayo and Ibukun Oloyede or Printivo, a solution enabling small and medium enterprises to print items seamlessly. 6. #FoundersConnect: Interview with Chijioke Dozie, the CEO of Carbon Peace interviews Chijioke Dozie, CEO of $15.8 million VC-backed company, Carbon on his journey as a tech entrepreneur. 7. #FoundersConnect: Interview with Nadayar Enegesi, CEO of Eden Life & Co-founder of Andela Peace interviews Nadayar Enegesi, the Co-founder and CEO of Eden Life a tech-enabled service that puts its users' home chores on autopilot. 8. #FoundersConnect (Music): Rebecca Inyang Junaid Founder of JustJoJo (Music Publishing) A conversation with Rebecca Inyang Junaid, Founder of JustJojo Entertainment, a music agency based in the UK on career, life and experiences. 9. #FoundersConnect: How Erika Brodnock, Founder of Kami, Uses Tech to Improve the Lives of Families Peace speaks with Erika Brodnock, Founder of Kami app. 10. #FoundersConnect: An Interview With Bernard Parah, CEO of Bitnob Bernard Parah, CEO of Bitnob, a Bitcoin centred payment service shares his love for cryptocurrency and the plans for his growing Startup with me. 11. Ayo Akindele, Founder and CEO of Kyshi Interview with Ayo Akindele, of Kyshi, a payment startup for transnational money transactions. 12. #FoundersConnect - Bayo ‘Lion’ Adedeji: CEO, Wakanow & Founder, Dundu Nation & Wave Beach In this interview I have a conversation with Bayo Adedeji concerning how work at Wakanow and his extensive journey as an entrepreneur. 13. #FoundersConnect: Kay Akinwunmi, Co-Founder & CEO of Zazuu, A Transborder Payment Company Kay, Co-founder and CEO of Zazuu, speaks to me about his platform that allows money transfers across border with ease, his background and journey. 14. Adewale Yusuf, Co-founder TalentQL, on Helping Young Africans Launch Their Tech Careers Peace interviews Adewale Yusuf, serial entrepreneur with a demonstrated history in EdTech,  with building Talent QL, Techpoint Africa and AltSchool. 15. #FoundersConnect: Interview with Musty Mustapha, Co-Founder & CTO of Kuda Peace Interviews Co-Founder of Kuda Bank, Musty Mustapha on his journey as a tech entrepreneur, experiences and lessons. 16. #FoundersConnect: Douglas Kendyson of Selar on Hitting Huge Revenue Milestones Peace sits with Douglas Kendyson, CEO and founder of Selar for a fun and elucidating interview on his journey and his company. 17. #FoundersConnect: Interview with Yinka Adewale, the CEO of Kudi Peace interviews Yinka Adewale, CEO of Kudi, a Start-up that offers seamless banking services to communities in Africa. 18. #FoundersConnect: How Kemi Olawoye Is Building BabyMigo, Nigeria's Largest Parenting Community Kemi shares her journey building Babymigo, Nigeria's largest Parenting Community 19. #FoundersConnect: Interview with Michael 'Trojan' Okoh - Co-founder and CTO, ThePeer 22-year old Founder of ThePeer, Michael Trojan Okoh, shares his story with me. 20. #FoundersConnect: Interview with Yanmo Omorogbe, Co-Founder of Invest Bamboo Peace interviews Yanmo Omorogbe, Co-founder of Invest Bamboo, on her "accidental" journey into entrepreneurship, running Bamboo and biggest wins and lessons. 21. Interview with Ezra Olubi, CTO of Paystack, on Getting Acquired by Stripe Peace interviews Ezra Olubi, co-founder and CTO of Paystack as he shares the Paystack story. 22. #FoundersConnect: Njoku Emmanuel, the 19-year-old CEO & Co-founder of Lazerpay Interview with Lazerpay co-founder & CEO, Njoku Emmanuel. 23. #FoundersConnect: Duncan Muchangi, Principal @ Unicorn Growth, Former MD, Jumia Group & Antler E.A Interview with Kenyan VC, Duncan Muchangi and founder of Unicorn Growth Capital. 24. #FoundersConnect: How Preston Ideh is building Africa's Largest Intelligence Startup, Stears. Interview with Preston Ideh, CEO and Co-founder of Stears. 25. #FoundersConnect: Wale Adetula, Co-Founder of TNC Africa Interview with Wale Adetula, the Founder of one of Nigeria's pioneer Media companies, TNC Africa. 26. #FoundersConnect: Peter Bunor Jr., From Nollywood Child Actor, to Co-Founder of Field Intelligence Peace interviews Nollywood Child Actor turned Founder, Peter Bunor of Field Intelligence. 27. #FoundersConnect (Music): Interview with Toba Adeyanju, CEO of Ejoya Music I sit with Toba Adeyanju, CEO of Ejoya Music, a startup music company, on his journey, insights and plans for the future. 28. FoundersConnect: Interview with Kelvin Umechukwu, CEO and co-Founder of Bumpa Kelvin Umechukwu, CEO of Bumpa,  shares his journey into entrepreneurship and the role of community in effecting change. 29. Interview with the Founder of Money Africa: Financial Education, Investing, and More Peace interviews Oluwatosin Olaseinde, founder of Money Africa and Ladda on her journey as a startup founder, biggest life lessons and future plans. 30. #FoundersConnect: Interview with Onyeka Akumah, CEO Farmcrowdy & Co-founder CrowdyVest, PlentyWaka Peace interviews Onyeka Akumah, CEO of Farmcrowdy, and co-founder at Plentywaka, Crowdyvest and Rent Smallsmall on his journey as a tech entrepreneur. 31. Yele Bademosi, Founder of Bundle Africa, Talks About Tech Entrepreneurship Peace speaks with Yele Bademosi, founder of Bundle Africa, Microtraction and co-Founder of Nestcoin, in a lengthy and elucidating interview. 32. Interview with Atsu Davoh, Founder of Bitsika, on Creating a Payment App in Africa Peace sits down with Atsu Davoh, Founder & CEO of Bitsika. Bitsika is a payments app for making transactions. 33. The Founder & CEO of Kudigo Talks About Tech Startups in Ghana Peace interviews Kingsley Abrokwah, serial entrepreneur and founder of Kudigo, a software solution for retail businesses in Africa. 34. #FoundersConnect: Odun Eweniyi, Co-Founder of Piggyvest, Africa's Top Savings App Odun Eweniyi, coFounder of Piggyvest, FirstCheck Africa and the Feminist Coalition shares her journey with me. 35. #FoundersConnect: Eyitayo Ogunmola, Founder of Utiva, an African Ed-tech Startup I speak with Eyitayo Ogunmola, the CEO of Utiva, an education service for Africans and people of colour entering the tech industry. 36. #FoundersConnect - Ized Uanikhehi, CEO of Loose Media, and Her Advice for Tech Marketers Peace interviews Ized Uanikhehi, Media professional and CEO of Loose Media on her journey, experiences and advice. 37. #FoundersConnect: Tosin Faniro-Dada, MD /CEO of Endeavor (Nigeria) Peace has a conversation with Tosin Faniro-Dada, the MD & CEO of Endeavor in Nigeria, about her career and her passion for helping entrepreneurs. 38. #FoundersConnect: Moe Odele - Tech Lawyer, Human Rights Advocate & Travel Enthusiast Peace speaks to Moe "Moechievous" Odele, about her life and career, growing up in a polygamous family, studying law and finding tech law. 39. #FoundersConnect: Babajide Duroshola, General Manager at M-KOPA & ex-Country Director, SafeBoda (NG) I speak with Babajide Duroshola, the General Manager at M-Kopa with years of experience managing startups about his journey and work. 40. #FoundersConnect: Ben Lyon, CEO and CoFounder of Stax, an Offline Payment App for Africans Conversation with Ben Lyon of Hover Developer Services, the parent company of Stax, a simple way to carry out payment services without internet or USSD codes. 41. #FoundersConnect: Bunmi Akinyemiju, Partner at GreenHouse Capital, Former CEO Venture Garden Group I speak with Bunmi Akinyemiju, one of the biggest investors in the African startup space, and Founding Partner at GreenHouse Capital. 42. #FoundersConnect: Ijeoma Akwiwu, Lawyer, Developer, and Co-founder of Pivo, a Digital Bank Peace speaks with Ijeoma Akwiwu, the Co-founder and COO of Pivo, a bank for trade. 43. #FoundersConnect: Tomiwa Aladekomo, The Man behind Big Cabal Media (Techcabal & Zikoko) Peace speaks with Tomiwa Aladekomo, CEO of BigCabal, the parent company of Zikoko, a media company that creates content for African youth, and TechCabal. 44. #FoundersConnect: Adia Sowho, CMO of MTN Nigeria Peace speaks with Adia Sowho, CMO of MTN Nigeria, on her life and journey. This interview is one you definitely should not miss! 45. #FoundersConnect: Kennedy Ekezie-Joseph, CEO of Kippa, a Company Helping Small businesses Grow. I have a conversation with Kippa's CEO & Co-Founder, Kennedy Ekezie-Joseph. 46. #FoundersConnect: Koromone Koroye, Managing Editor of TechCabal Conversation with Koromone Koroye, Managing Editor of TechCabal on her interesting life experiences, thoughts of religion, work culture and more! 47. #FoundersConnect - Interview with Rodney Jackson-Cole, Cofounder and CTO at Prospa (YC W21) Rodney Jackson-Cole is the CTO of Prospa, a company set out to aid African entrepreneurs. Peace finds out more about his mission and journey in this episode. 48. #FoundersConnect: Ameyaw Debrah, the Founder of Ameyawdebrah.com | Ghanaian Celebrity Blogger Peace has a conversation with Ameyaw Debrah, Ghanaian celebrity blogger and founder of Ameyawdebrah.com, a lifestyle news blog about media, his life, and more. 49. #Founders Connect: Moses Enenwali, CEO & Co-founder of Topship (YC W 2022) Peace speaks with Moses Enenwali, the CEO and Co-founder of Topship, a fast-growing Logistics startup in Africa. 50. #FoundersConnect: Jude Dike, CoFounder and CEO of GetEquity Conversation with Jude Dike, co-Founder of GetEquity, a company democratizing access to startup investment in Africa. 51. #FoundersConnect: Marvin Coleby, Co-Founder and CEO of Raise Marvin Coleby is building Raise, an equity management platform with a vision for Panafrican unity. He shares his background, startup and experiences with me. 52. #FoundersConnect: Godwin Tom, Serial Entrepreneur, Music Business Mogul & CEO of iMANAGE AFRICA Conversation with Godwin Tom, an expert in music management and CEO of iMANAGE Africa on his journey, his work, and the future. 53. Interview with the Cofounder of Helicarrier (Formerly, Buycoins) on Crypto in Africa Peace interviews Tomiwa Lasebikan, co-founder and head of product at Helicarrier, a product dedicated to connecting Africans with financial solutions. 54. #FoundersConnect: Florence Githinji, Regional Marketing Manager at YellowCard Conversation with Florence Githinji, Regional Marketing Manager of Yellowcard. 55. #FoundersConnect: Interview with Lotanna Nwose, Co-founder of Investsika I sit with Investsika's Co-Founder, Lotanna Nwose and we discuss his passion for stock accessibility and entrepreneurship and desires to provide this in Ghana. Thank you for checking out the 55 most read stories about Peace Itimi on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

55 Stories To Learn About Peace Itimi

Let's learn about via these 61 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Founders Connect /Learn Repo 1. #FoundersConnect: Duncan Muchangi, Principal @ Unicorn Growth, Former MD, Jumia Group & Antler E.A Interview with Kenyan VC, Duncan Muchangi and founder of Unicorn Growth Capital. 2. Interview with Ezra Olubi, CTO of Paystack, on Getting Acquired by Stripe Peace interviews Ezra Olubi, co-founder and CTO of Paystack as he shares the Paystack story. 3. #FoundersConnect: Ijeoma Akwiwu, Lawyer, Developer, and Co-founder of Pivo, a Digital Bank Peace speaks with Ijeoma Akwiwu, the Co-founder and COO of Pivo, a bank for trade. 4. #FoundersConnect: Marvin Coleby, Co-Founder and CEO of Raise Marvin Coleby is building Raise, an equity management platform with a vision for Panafrican unity. He shares his background, startup and experiences with me. 5. Interview with the Cofounder of Helicarrier (Formerly, Buycoins) on Crypto in Africa Peace interviews Tomiwa Lasebikan, co-founder and head of product at Helicarrier, a product dedicated to connecting Africans with financial solutions. 6. #FoundersConnect: Interview with Chijioke Dozie, the CEO of Carbon Peace interviews Chijioke Dozie, CEO of $15.8 million VC-backed company, Carbon on his journey as a tech entrepreneur. 7. #FoundersConnect: Florence Githinji, Regional Marketing Manager at YellowCard Conversation with Florence Githinji, Regional Marketing Manager of Yellowcard. 8. Ayo Akindele, Founder and CEO of Kyshi Interview with Ayo Akindele, of Kyshi, a payment startup for transnational money transactions. 9. #FoundersConnect: Jude Dike, CoFounder and CEO of GetEquity Conversation with Jude Dike, co-Founder of GetEquity, a company democratizing access to startup investment in Africa. 10. #FoundersConnect (Music): Interview with Toba Adeyanju, CEO of Ejoya Music I sit with Toba Adeyanju, CEO of Ejoya Music, a startup music company, on his journey, insights and plans for the future. 11. Adewale Yusuf, Co-founder TalentQL, on Helping Young Africans Launch Their Tech Careers Peace interviews Adewale Yusuf, serial entrepreneur with a demonstrated history in EdTech,  with building Talent QL, Techpoint Africa and AltSchool. 12. #FoundersConnect: An Interview With Bernard Parah, CEO of Bitnob Bernard Parah, CEO of Bitnob, a Bitcoin centred payment service shares his love for cryptocurrency and the plans for his growing Startup with me. 13. #FoundersConnect: Interview with Nadayar Enegesi, CEO of Eden Life & Co-founder of Andela Peace interviews Nadayar Enegesi, the Co-founder and CEO of Eden Life a tech-enabled service that puts its users' home chores on autopilot. 14. #FoundersConnect: Peter Bunor Jr., From Nollywood Child Actor, to Co-Founder of Field Intelligence Peace interviews Nollywood Child Actor turned Founder, Peter Bunor of Field Intelligence. 15. #FoundersConnect - Bayo ‘Lion’ Adedeji: CEO, Wakanow & Founder, Dundu Nation & Wave Beach In this interview I have a conversation with Bayo Adedeji concerning how work at Wakanow and his extensive journey as an entrepreneur. 16. Interview with Atsu Davoh, Founder of Bitsika, on Creating a Payment App in Africa Peace sits down with Atsu Davoh, Founder & CEO of Bitsika. Bitsika is a payments app for making transactions. 17. #FoundersConnect: Wale Adetula, Co-Founder of TNC Africa Interview with Wale Adetula, the Founder of one of Nigeria's pioneer Media companies, TNC Africa. 18. #FoundersConnect: Interview with Onyeka Akumah, CEO Farmcrowdy & Co-founder CrowdyVest, PlentyWaka Peace interviews Onyeka Akumah, CEO of Farmcrowdy, and co-founder at Plentywaka, Crowdyvest and Rent Smallsmall on his journey as a tech entrepreneur. 19. #FoundersConnect: Kay Akinwunmi, Co-Founder & CEO of Zazuu, A Transborder Payment Company Kay, Co-founder and CEO of Zazuu, speaks to me about his platform that allows money transfers across border with ease, his background and journey. 20. The co-CEOs of Printivo, Temitope Ekundayo and Ibukun Oloyede on How to Run a Company Peace interviews co-CEOs of Temitope Ekundayo and Ibukun Oloyede or Printivo, a solution enabling small and medium enterprises to print items seamlessly. 21. #FoundersConnect with Oluwatomi Solanke, Co-founder/CEO of Trove Finance Peace interviews Oluwatomi Solanke, co-founder and CEO of Trove Finance, a micro-investment platform that allows Nigerians to invest in foreign stock markets. 22. #FoundersConnect: Interview with Musty Mustapha, Co-Founder & CTO of Kuda Peace Interviews Co-Founder of Kuda Bank, Musty Mustapha on his journey as a tech entrepreneur, experiences and lessons. 23. #FoundersConnect with Iyinoluwa Aboyeji, Co-founder of Andela & Former MD of Flutterwave Peace interviews Iyinoluwa Aboyeji, Co-founder of Andela on his career journey across various successful projects; mistakes, insights and much more. 24. #FoundersConnect: Douglas Kendyson of Selar on Hitting Huge Revenue Milestones Peace sits with Douglas Kendyson, CEO and founder of Selar for a fun and elucidating interview on his journey and his company. 25. #FoundersConnect: Koromone Koroye, Managing Editor of TechCabal Conversation with Koromone Koroye, Managing Editor of TechCabal on her interesting life experiences, thoughts of religion, work culture and more! 26. #FoundersConnect: Interview with Yinka Adewale, the CEO of Kudi Peace interviews Yinka Adewale, CEO of Kudi, a Start-up that offers seamless banking services to communities in Africa. 27. #FoundersConnect: Njoku Emmanuel, the 19-year-old CEO & Co-founder of Lazerpay Interview with Lazerpay co-founder & CEO, Njoku Emmanuel. 28. #FoundersConnect: Interview with Hanu Agbodje, the Founder and the CEO of Patricia In this episode, Peace Itimi interviews Hanu Agbodje, CEO of Patricia, on his journey as a tech entrepreneur and 29. #Founders Connect: Moses Enenwali, CEO & Co-founder of Topship (YC W 2022) Peace speaks with Moses Enenwali, the CEO and Co-founder of Topship, a fast-growing Logistics startup in Africa. 30. #FoundersConnect: Interview with Lotanna Nwose, Co-founder of Investsika I sit with Investsika's Co-Founder, Lotanna Nwose and we discuss his passion for stock accessibility and entrepreneurship and desires to provide this in Ghana. 31. #FoundersConnect with Damilola Olokesusi, Co-founder & CEO of Shuttlers Peace interviews Damilola Olokesusi, Co-founder and CEO of Shuttlers, a platform that enables its users access efficient shared transportation in Lagos, Nigeria 32. #FoundersConnect: Eyitayo Ogunmola, Founder of Utiva, an African Ed-tech Startup I speak with Eyitayo Ogunmola, the CEO of Utiva, an education service for Africans and people of colour entering the tech industry. 33. #FoundersConnect: Interview with Yanmo Omorogbe, Co-Founder of Invest Bamboo Peace interviews Yanmo Omorogbe, Co-founder of Invest Bamboo, on her "accidental" journey into entrepreneurship, running Bamboo and biggest wins and lessons. 34. #FoundersConnect with Tito Ovia, Cofounder of Helium Health (#1 Health-Tech Provider in Africa) Peace speaks with Tito Ovia, co-founder of Helium Health, a health-tech provider in Nigeria set to digitize hospital processes within the continent. 35. #FoundersConnect: Odun Eweniyi, Co-Founder of Piggyvest, Africa's Top Savings App Odun Eweniyi, coFounder of Piggyvest, FirstCheck Africa and the Feminist Coalition shares her journey with me. 36. #FoundersConnect: How Preston Ideh is building Africa's Largest Intelligence Startup, Stears. Interview with Preston Ideh, CEO and Co-founder of Stears. 37. #FoundersConnect (Music): Rebecca Inyang Junaid Founder of JustJoJo (Music Publishing) A conversation with Rebecca Inyang Junaid, Founder of JustJojo Entertainment, a music agency based in the UK on career, life and experiences. 38. #FoundersConnect: Chimezie Emewulu, Co-Founder and MD of Seamfix Limited. Conversation with an OG Founder, Chimezie Emewulu, Co-founder and CEO of Seamfix. 39. FoundersConnect: Interview with Kelvin Umechukwu, CEO and co-Founder of Bumpa Kelvin Umechukwu, CEO of Bumpa,  shares his journey into entrepreneurship and the role of community in effecting change. 40. How Kuda Bank Grew From Zero to Millions of Users Peace interviews Bradley Want, the VP  of Growth at Kuda Bank. 41. #FoundersConnect: Interview with Michael 'Trojan' Okoh - Co-founder and CTO, ThePeer 22-year old Founder of ThePeer, Michael Trojan Okoh, shares his story with me. 42. #FoundersConnect: Mariam Jimoh, CEO & Founder of Oja (Ethnic Grocery Delivery Startup) Peace speaks with Mariam about her grocery startup for afrocarribean people living in the diaspora. 43. #FoundersConnect with Ben Eluan, Co-Founder/ CEO of Flux Peace interviews Ben Eluan, co-founder and CEO of Flux, a crypto remittance startup built to help individuals and merchants make transactions globally. 44. #FoundersConnect: How Erika Brodnock, Founder of Kami, Uses Tech to Improve the Lives of Families Peace speaks with Erika Brodnock, Founder of Kami app. 45. #FoundersConnect: Ameyaw Debrah, the Founder of Ameyawdebrah.com | Ghanaian Celebrity Blogger Peace has a conversation with Ameyaw Debrah, Ghanaian celebrity blogger and founder of Ameyawdebrah.com, a lifestyle news blog about media, his life, and more. 46. #FoundersConnect: Abdul Hassan, CEO & Founder of Mono, Backed by Ycombinator #FoundersConnect: Abdul Hassan, CEO & Founder of Mono, Backed by Ycombinator 47. #FoundersConnect - Interview with Rodney Jackson-Cole, Cofounder and CTO at Prospa (YC W21) Rodney Jackson-Cole is the CTO of Prospa, a company set out to aid African entrepreneurs. Peace finds out more about his mission and journey in this episode. 48. #FoundersConnect: Tosin Faniro-Dada, MD /CEO of Endeavor (Nigeria) Peace has a conversation with Tosin Faniro-Dada, the MD & CEO of Endeavor in Nigeria, about her career and her passion for helping entrepreneurs. 49. #FoundersConnect: Moe Odele - Tech Lawyer, Human Rights Advocate & Travel Enthusiast Peace speaks to Moe "Moechievous" Odele, about her life and career, growing up in a polygamous family, studying law and finding tech law. 50. Yele Bademosi, Founder of Bundle Africa, Talks About Tech Entrepreneurship Peace speaks with Yele Bademosi, founder of Bundle Africa, Microtraction and co-Founder of Nestcoin, in a lengthy and elucidating interview. 51. #FoundersConnect: Kennedy Ekezie-Joseph, CEO of Kippa, a Company Helping Small businesses Grow. I have a conversation with Kippa's CEO & Co-Founder, Kennedy Ekezie-Joseph. 52. #FoundersConnect: Adia Sowho, CMO of MTN Nigeria Peace speaks with Adia Sowho, CMO of MTN Nigeria, on her life and journey. This interview is one you definitely should not miss! 53. #FoundersConnect: Ben Lyon, CEO and CoFounder of Stax, an Offline Payment App for Africans Conversation with Ben Lyon of Hover Developer Services, the parent company of Stax, a simple way to carry out payment services without internet or USSD codes. 54. The Founder & CEO of Kudigo Talks About Tech Startups in Ghana Peace interviews Kingsley Abrokwah, serial entrepreneur and founder of Kudigo, a software solution for retail businesses in Africa. 55. #FoundersConnect: How Kemi Olawoye Is Building BabyMigo, Nigeria's Largest Parenting Community Kemi shares her journey building Babymigo, Nigeria's largest Parenting Community 56. #FoundersConnect: Babajide Duroshola, General Manager at M-KOPA & ex-Country Director, SafeBoda (NG) I speak with Babajide Duroshola, the General Manager at M-Kopa with years of experience managing startups about his journey and work. 57. #FoundersConnect: Tomiwa Aladekomo, The Man behind Big Cabal Media (Techcabal & Zikoko) Peace speaks with Tomiwa Aladekomo, CEO of BigCabal, the parent company of Zikoko, a media company that creates content for African youth, and TechCabal. 58. Interview with the Founder of Money Africa: Financial Education, Investing, and More Peace interviews Oluwatosin Olaseinde, founder of Money Africa and Ladda on her journey as a startup founder, biggest life lessons and future plans. 59. #FoundersConnect: Godwin Tom, Serial Entrepreneur, Music Business Mogul & CEO of iMANAGE AFRICA Conversation with Godwin Tom, an expert in music management and CEO of iMANAGE Africa on his journey, his work, and the future. 60. #FoundersConnect - Ized Uanikhehi, CEO of Loose Media, and Her Advice for Tech Marketers Peace interviews Ized Uanikhehi, Media professional and CEO of Loose Media on her journey, experiences and advice. 61. #FoundersConnect: Bunmi Akinyemiju, Partner at GreenHouse Capital, Former CEO Venture Garden Group I speak with Bunmi Akinyemiju, one of the biggest investors in the African startup space, and Founding Partner at GreenHouse Capital. Thank you for checking out the 61 most read stories about Founders Connect on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

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Table of Contents What is the Blockchain? Origin of the Blockchain Components of the Blockchain The Blockchain: Pros and Cons Why is everyone talking about the Blockchain? ? What is the Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets on a business network. Tangible assets such as cars, houses, land, etc. can be tracked on the blockchain. Intangible assets like intellectual property, patents, copyrights and branding can also be tracked on the blockchain. The blockchain You can think of the that is split among the nodes of a computer network. A blockchain collects data in groups called blocks. These blocks help store information: when one block is full, it is closed and linked to the next block. In that manner, all the new information that follows the freshly added block is compiled into a newly formed block that will be added to the chain once it is filled. blockchain as a shared database is so designed that the decision to add a transaction to the chain is made by general agreement. That means that the majority of nodes in the network must agree that a transaction is valid. The blockchain was created to be decentralized: no single authority can control transactions. The validation of transactions done by different nodes on the network is done by using cryptographic keys and a password to confirm every transaction. The blockchain Origin of the Blockchain In 1991, when on a cryptographically secure chain of blocks, the blockchain was not as popular as it is now. The blocks then were designed so that no one could tamper with timestamps of documents. In 1992, Stuart Haber and W. Scott Stornetta upgraded their work to include that enhanced efficiency and enabled the collection of more documents on a single block. Stuart Haber and W. Scott Stornetta worked Merkle trees In 2004, the computer scientist and cryptographic artist introduced a system called This system was designed to enable cryptocurrency users to verify the transfer of tokens in real time. the theory of distributed blockchains. He improved the blockchain design to enable the addition of extra blocks to the chain without requiring the blocks to be signed by trusted parties. Reusable Proof of Work. 2008 saw Satoshi Nakamoto conceptualize In 2009, and he received a reward of 50 Bitcoins. Then Bitcoin was linked to the blockchain and everyone associated Bitcoin with Blockchain until 2013 when stated that Bitcoin needed a scripting language for building decentralized applications. He then built Ethereum, a new blockchain based distributing platform on which hundreds of decentralized apps run. Since the Ethereum launch in 2015, : from Hyperledger by Linux Foundation, EOS.IO by block.one, IOTA, NEO and Monero dash blockchain. The block chain industry is still growing and businesses built on the platforms are expanding daily. Satoshi Nakomoto mined the first Bitcoin block Vitalik Buterin different blockchain platforms have been launched Components of the Blockchain The Blockchain has numerous components and they are: 1. : the full node and the partial node. The full node maintains a full copy of all the transactions and it has the authority to validate, accept and reject any transaction. On the other hand, the partial node or lightweight node maintains only the hash value of the transaction. It does not maintain the whole copy of the blockchain ledger, hence it has low storage and low computational power. Node The node is divided into two sections: 2. : The ledger is a public database of information. There are three types of ledger: public ledger, decentralized ledger and distributed ledger. The public ledger is available to all and anyone on the blockchain can add information to the ledger. A decentralized ledger allows each node to participate in each transaction. The distributed ledger gives all nodes a copy of the database. A group of nodes can collectively verify transactions or add blocks of information on the blockchain. Ledger 3. : A enables users to send, receive, store and exchange digital assets on the blockchain, as well as monitor and manage the value of their assets on the blockchain. There are two main types of wallets: hardware wallets and software wallets. A wallet can either be online or offline. Online or hot wallets are used when connected to the internet. Offline wallets like paper wallets and hardware wallets can be used to store private keys offline and sign transactions without an internet connection. Wallets generally provide users with a private key and wallet address for securing transactions. Wallet blockchain wallet 4. : A nonce is a short term for a " ''. It is used to describe a random number that can only be used once. Nonces are generated often to modify the result of cryptographic communication. A nonce is a number that changes over time, so it is used to ensure that some values cannot be reused. It can also be a timestamp or special marker used to prevent the reproduction of a document. In addition, it can be used to vary input in a cryptographic hash function. Nonces have varying functions: from authentication to hashing and even electronic signatures. Nonce number used once 5. : A that converts inputs of arbitrary length to outputs of fixed length. That means that or regardless of a file size, the hash will be unique and unchanging in size. A hash cannot be used to generate input from an already hashed output, but it can be helpful in identifying a file. Hashes can be used to check the integrity of messages and authenticate information. Cryptographic hash functions add security to typical hash functions, making it difficult to detect the contents of a message or get information about the senders. Hash hash is a mathematical function Blockchain: Pros and Cons A major reason why the blockchain serves its users is that it provides a trustworthy, secure and trackable platform for business transactions speedily and at reduced costs. The the need for paperwork, errors in documentation and the need for third parties or middlemen to verify transactions. blockchain generally reduces The provides is based on a system of unaltered records of transactions with end-to-end encryption, reducing fraud and unauthorized activity. The blockchain also helps in the confirmation of authenticity of items such as food from farms, medicines and even certification of employees. The quality that endears the block chain to its users is the provision of control over data, thus giving users privacy that no other platform offers. security that blockchain technology The has its limitations: its popular application, which is Bitcoin, can only handle seven transactions a second. This is opposed to Hyperledger and Visa which can handle ten thousand and twenty four thousand transactions every second. Also, each participant node is required to verify and approve transactions, making exchanges time-consuming and reducing scalability. blockchain The : large amounts of electricity are required to keep the platform running. In addition, the blockchain is not a hugely distributable system and it is destructible. Security can also be compromised if hackers hack into the block chain; it is not completely foolproof. Also the blockchain entries are immutable and they cannot be changed, so data cannot be removed. The high energy consumption that the blockchain provides and reduced scalability reduces its efficiency. blockchain consumes a lot of energy Why Is Everyone Talking About The Blockchain? The in technology. In 2018, a whopping 90% of US and European banks had started exploring the potential of blockchain. In 2021, it was projected that 24% of companies expected to invest between $5 million to $10 million on the blockchain. In 2022, financial institutions have spent over $552 million on blockchain-powered projects and in the end of 2024, it is expected that corporations will spend $20 billion per year on blockchain technical services. blockchain is one of the biggest giants The main reason why everyone is talking about the blockchain is the that it provides: blockchain is used in cryptocurrency, the storage of medical records, identity verification, election voting, security, agriculture, business and many other fields. The blockchain offers a secure, more decentralized and less corrupt system of making swift payments all over the globe, making it loved by the cryptocurrency enthusiasts. The faster processing time and reduced bureaucracy as compared with the bank and healthcare systems makes it more readily adopted by users who want to save their time and energy. versatility The blockchain is a moving train that most  organizations have jumped on and for good reason: the potential for the blockchain industry is greater than ever before. The launch of IBM's Blockchain Wire, Paystack, Aza Finance and Bloom are visible proof of the wonders that the blockchain has done. In the future, the cryptocurrency segment of the blockchain might not be as popular as the other segments that the blockchain caters to; the are proof. The blockchain is here to stay and for a long time, it will be on the lips of different individuals not just in tech, but in multiple industries. innovations in the different industries where the blockchain is used

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