Happy mid-week guys,
As we gear towards the weekend, let’s take a look at today’s edition of the Big 5 Daily!
Enjoy!
Facebook unveiled its digital currency Libra. Its is a cryptocurrency under the blockchain platform ‘Calibra’, targeted at the unbanked. It is a seamless, cheap and secured payment means that will aid users to cash in and cash out across the world. It will be available on Facebook Messenger, WhatsApp and as a standalone app. The currency will fully be available in 2020
The Nigeria Communications Commission (NCC) revealed a report on GSM subscribers for April 2019. The report revealed that the number of GSM internet subscribers grew by 3.6 million, skyrocketing the number of users to 119.5 million from 115.9 recorded in March 2019. According to the report, MTN maintained its dominance as the largest market share owner.
Visa Inc.—an American multinational financial services, launched ‘B2B connect’ a platform for financial institutions. B2B Connect is a blockchain based, online non-card-based payment platform for bank-to-bank transactions. It will offer cross-border, transparent, secure and streamlined payments.
Malian innovator Mamadou Gouro Sidibé developed Lenali—a voice-based social platform to help the uneducated in Mali. Lenali is a free-to-use app that is available for smartphone users, with over 60,000 users. It operates in French and local languages– Bambara, Soninke, Songhai, Mooré, and Wolof.
Bolt—Estonian on-demand ride hailing company, launched Bolt for Business in South Africa. The feature aims to cater for staff on-duty trips. Interested companies could register, setup employees account, monitor trip activities from the Bolt app.
That’s it for today’s edition of the Big 5 Daily!
Thanks for joining.