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5 Crypto Trading Pieces Of Advice For Beginners

Crypto
Crypto. Photo by André François McKenzie on Unsplash

Certain digital currencies are already at peak popularity among users from all corners of the world, this is actually what’s happening with Bitcoin, the world’s first cryptocurrency launched in 2009. However, the smell of business has reached more investors who invented other digital currencies following the lead of Bitcoin’s creator(s). So, we can find today a pretty abundant number of cryptocurrencies.

Many people consider cryptocurrencies an alternative means of investment. Why is that possible? Simply because cryptocurrencies are easy to access and you don’t need that much to get started. But there are also hidden dangers over the corner that all investors or potential investors in the next future should know since day number one.

South African Casino Customers Choose Cryptocurrencies

Although cryptocurrencies differ from traditional investments, several people already choose Bitcoin and a few more types of digital currencies to pay for online services. In South Africa, a leading country in the African gambling segment, you can find plenty of casino customers who use cryptocurrencies at online casinos instead of traditional money. Digital currencies are also used for other gambling activities like sports betting online.

This is a sign that shows the level of penetration of digital money into the actual habits of South African users. Another very diffused use of cryptocurrencies is for buying online items. Certain e-commerce platforms already accept cryptocurrencies along with other traditional methods of payments. If you are acquainted with eBay, for example, you may find individual vendors that are available to accept cryptocurrency payments in alternative to bank transfer or PayPal.

Things To Know For Starting An Investment

As you can see, average South African users seem to be quite well familiar with cryptocurrencies. However, when it comes to starting a financial investment, it’s always recommended to check basic rules and knowledge of how the investment system works. Beginners should not let the easy availability of Bitcoin (or other currencies) carry them like the wind can take a leaf away.

We want to give you a few basic tips on how to invest safely, what you should do, and what you should never do with digital currencies. There are actually many fake myths that we still have to eliminate.

  1. You need a specific platform
    You can’t use a traditional investment platform to trade Bitcoin or any other digital currency. You have to use a crypto trading platform to access cryptocurrencies. Also, you can’t invest in tax-advantaged accounts, which means that you are responsible for your income taxes on your investments.
  2. Learn about cybersecurity
    Bitcoin and all crypto payments aren’t as safe and sound as traditional methods. Online financial transactions always look easier than handing out true money, so keep strict control over your actions and protect your coins the same way you do for your real-world money. Security is a hot topic in trading money online: keep all your passwords and credentials in a safe place and if you are easy to forget them, find a way to correct this dangerous habit. You may write the credential on a paper, for example.
  3. Digital money isn’t insured
    If a financial institution like a bank fails, you have the right to get a reimbursement. But if a trading platform is hacked and someone steals your coins, you have no way to get your money back. That’s the darkest truth about cryptocurrencies. However, there’s a big exception in the wild jungle of digital investments with Bitcoin which is Wealthsimple Crypto that offers cold storage insurance coverage to their users.
  4. Create a crypto wallet
    One of the smartest ways to protect digital money is to create a crypto wallet. You can store your coins in this virtual wallet without leaving a coin that is unused on the trading platform, which is a vulnerable place to hackers. You may decide to install the crypto wallet on your device’s hard drive or you may want to buy a physical hardware wallet.
  5. Transaction fees for crypto users
    Consider that all transactions made with cryptocurrencies come with specific fees. When you transfer your digital coins, for example, from your wallet to a trading platform, you pay a small transaction fee. Also, this transaction fee can vary according to the time you order the transaction and the amount of money you move from one place to the other one. The fee you pay is because of the blockchain: every time you move Bitcoin, the transaction is added to the blockchain, that’s why the fee varies based on the market condition and size of the transaction that you order.

Finally, keep in mind that digital money is also subject to income taxes and coin-conversion fees, which is something most beginners seem to ignore completely.

MTN Is Leveraging Its Expansive Africa Footprint To Test And Ultimately Deploy OpenRAN

MTN
MTN Mobile Money

MTN is leveraging our expansive footprint across Africa to test and ultimately deploy OpenRAN – an innovative technology that will enable us to launch new services more quickly, cost-effectively and seamlessly, supporting our strategy, Ambition 2025: Leading digital solutions for Africa’s progress.

“We plan to modernise our radio access networks using OpenRAN. This is in line with one of five vital enablers of our strategy: to build technology platforms that are second to none, thereby allowing for the rapid expansion of 4G and 5G population coverage across our markets,” said Charles Molapisi, MTN Group Chief Technology and Information Officer.

“With up-to-date technology, we can expect a reduction in our power consumption and associated carbon emissions. This, in turn, supports our plans to decarbonise our network and achieve net zero emissions by 2040, our Project Zero.”

OpenRAN allows for the disaggregation of hardware and software elements of a network, enabling telcos to build a network using components with the same specifications and scale from a diverse base of vendors. A disruptive trend, it is gaining popularity as the industry seeks to promote an open and interoperable ecosystem between various vendors.

“We at MTN aim to roll this out by the end of 2021 in collaboration with our partners Altiostar, Mavenir, Parallel Wireless, TechMahindra and Voyage.”

As an early adopter, MTN first rolled out open-source technology in 2019 to improve rural coverage. This was in line with our belief that everyone deserves the benefits of modern connected life. To date, we have deployed over 1 100 commercial sites in more than 11 countries and were among the pioneers of open-source adoption, facilitating cost-effective deployment in unconnected areas.

For all mobile network operators, radio access network (RAN) makes up the bulk of capital and operating costs. By applying OpenRAN, MTN targets further innovation and cost efficiencies.

“At MTN we are alive to the potential of open interfaces. There is a lot of value that dominant players bring to the business, but telecommunications today is as much about the stability of the network as it is about new services,” says Molapisi.

“Customers measure us against the speed with which we can deploy the latest technology and we are committed to finding faster and better ways to do that.”

The many benefits of OpenRAN include diversifying the vendor landscape, disrupting the cost flow, and removing dependencies on proprietary suppliers. It also promises cost savings and flexibility as it allows operators to use generic hardware and open interfaces. It enables a so-called ‘Lego architecture’ where many different vendors supply the components and software products that together make the end-to-end radio network work. “By modernising the network, we reduce our power consumption and emissions in support of our Project Zero,” he says.

“While OpenRAN brings a new architecture to mobile networks and more suppliers to deal with, it gives telcos much-needed flexibility,” says Amith Maharaj, MTN Group Executive: Network Planning and Design.

“This means that MTN can now look at building a network that can meet cost and capacity requirements of specific markets, or even rapidly deploy 5G and/or 4G seamlessly with existing legacy services. This is a real game-changer for mobile advancement in emerging markets.”

While the technology is still in its early days and widespread adoption is likely years away, MTN has already collaborated with a number of global players to reap the benefits and trigger innovation. In efforts to drive OpenRAN standardisation, we are also participating in Facebook’s Telecom Infra Project.

 

Early adoption gives us the ability to improve and deploy appropriate network architecture underpinned by technology, both tried and tested, and disruptive, to ensure we continue to deliver an exceptional experience, and ultimately play our part in harnessing the power of technology to lead digital solutions for Africa’s progress,” concludes Molapisi.

 

Responsibilities of a Birth Injury Lawyer

lawyer
personal injury lawyer. Image source: Shout Out

The birth of their child is one of the most important and memorable moments of a parent’s life. After nine months of pregnancy, they anticipate that their baby would be delivered safely and in perfect health condition. But what if a problem during delivery arises and it can be the fault of the medical practitioner? How should this be handled legally?

This is exactly what we want to shed light on, the seriousness of birth injuries and who should be called for legal assistance. Keep reading to know more.

Birth Injuries and Medical Malpractice

Birth injury is one type of medical malpractice. According to statistics, in every 1000 childbirths in the United States, 7 of the newborns suffer from birth injuries — injuries caused mainly by medical malpractices of attending practitioners. It is quite an alarming number, especially when we expect that all health providers are meant to provide care. However, unfortunately, medical malpractice does occur, and most doctors do experience them at least once in their years in the medical field.

Here are some types of birth injuries:

  • Fractures
  • Brain injuries
  • Cerebral Palsy
  • Facial Paralysis

If, in any case, your child suffered from a birth injury, or you know someone who did, and it is for sure a result of medical negligence, the first thing you should do is to contact a birth injury lawyer.

What is a birth injury lawyer?

It is best to consult birth injury lawyers first when filing a medical malpractice lawsuit. They are a type of medical malpractice lawyer specializing in birth injuries and have years and years of proven experience in handling cases alike. To ensure that you create a solid case against the medical personnel or institution, have a birth injury lawyer take the lawsuit for you. To understand better, here are the possible causes of birth injuries due to medical malpractice:

  • Improper use of forceps or vacuum extractors
  • Failure to medicate the mother properly
  • Missed diagnosis of a potentially serious medical condition for both mother and child

Why hire a birth injury lawyer?

  1. They provide legal advice on what you should do. If you have no idea how to submit a lawsuit for birth injury medical malpractice, your lawyer can guide and advise you on the best measures you should take.
  2. They can help you create a solid case against the defendant. This is to ensure that you have enough grounds to submit a lawsuit.
  3. They can file the lawsuit for you. Your birth injury lawyer can submit the case to court.
  4. They will find evidence that can support your claim. Testimonies from witnesses and other supporting documents like medical records should be collected.
  5. They represent you during negotiations. In case there are legal negotiations, your lawyer can handle it for you and make sure that the settlement favors your case.
  6. They ensure that your family receives appropriate compensation. It is a birth injury lawyer’s responsibility to ensure that you win the lawsuit and receive proper compensation for your expenses and other traumas caused by the incident.
  7. A birth injury lawyer can handle your entire lawsuit from start to finish. With the stress of giving birth already taking a toll on you, plus worrying about your newborn’s health condition, hire someone who can handle all the legal matters for you. Birth injury lawyers in Baltimore can help you file a lawsuit and ensure that you get the justice you deserve. 

 

Investment Opportunities In South Africa

Money
stock market. Photo by Anna Nekrashevich from Pexels

It’s reasonable for you to want to secure your money and choose the greatest investing alternatives with caution. Despite the crisis, you might wonder if there are any investment possibilities in South Africa that you can take advantage of.

Here are some potential investment opportunities to consider:

Stock Markets

Covid-19 has wreaked havoc on financial markets all around the world, including in South Africa. Last March, the JSE took a knock, losing as much as 20,000 points from its previous high of 57,000. Investors have the rare opportunity to trade with the best, thanks to eToro South Africa, arguably one of the leading online trading platforms.

Major corporations including Nedbank, FirstRand, and Woolworths saw their stock prices plummet to new lows. Other businesses are feeling the same way and are feeling the impacts of a gloomy market.

Many stocks are now cheaper than they were previously, making it one of the most profitable investment possibilities in South Africa for bargain hunters. This is a once-in-a-decade opportunity for many individuals like you to buy shares in major, well-established businesses at bargain prices.

Investing in stocks has a very appealing risk-return ratio right now, especially for speculators. Finance, for example, is one of the industries predicted to rebound fast once the economy regains its footing.

But, before you jump in, keep in mind that the macro picture of the South African market isn’t quite rosy. Not every stock is an excellent investing prospect. You must distinguish between equities that are discounted due to the current scenario and those that are undervalued due to their real performance.

Gold and other precious metals

In times of financial instability, precious metals are believed to be hedging assets. As a result, gold and silver prices are soaring over the world, smashing historic highs. Gold just surpassed the $2,000 per ounce mark, setting a new all-time high.

The upward trend is projected to continue for the remainder of 2021, despite the fact that the research of a vaccine for the virus is still far from completion. Although it may be a little late to invest in gold due to its already exorbitant price, other precious metals such as silver and platinum provide feasible investment prospects for South Africans.

If you’re thinking about purchasing bullion in South Africa as an investment, be sure you only buy from approved suppliers. To ensure that you get the most out of your investment, research the production, premium, commission, delivery, and storage of bullion assets.

Real Estate

The market is constantly high for building homes, making upgrades, flipping houses, and renting properties. In South Africa, there are many lucrative investment possibilities, but the entrance barrier is high.

With the current global state, it is projected that the quantity of houses for sale would increase as more individuals become unable to pay their mortgages. The prime rate has already been reduced by as much as 2.5 percent, but this hasn’t prevented property values from plummeting.

Property prices falling is precisely the scenario you should be anticipating. This will allow you to acquire homes that are undervalued at a discount. Remember to research the property’s expected worth after the market rebounds so you can make smarter selections about which asset to purchase today.

 

Why Is Vodacom Spending R1 Billion On Lithium-ion Batteries?

Vodacom
Vodacom

In South Africa, Vodacom has to maintain and improve its extensive network to differentiate itself, remain competitive and ensure positive consumer sentiment. Furthermore, the Vodafone-owned telco has to ensure that the quality of its service is in line with government regulations.

The South African Government has also recently introduced a carbon tax that will further increase the operating costs of running Vodacom’s network sites.

Vodacom also felt the pressure of the increased demand for digital products during COVID-19.

In South Africa, Vodacom says this was further exacerbated by load shedding, which adversely affects its electricity supply and thereby increased dependency on backup diesel generators and batteries.

Sporadic vandalism and battery theft at network sites also impede business continuity, network quality and overall customer experience, the company said.

“The changing trend to work from home placed additional demand on our network. This challenge has been exacerbated by Eskom’s load shedding and sporadic battery theft and vandalism at our network sites,” Vodacom’s 2021 annual report states.

“We are driving investment to mitigate this risk to ensure connectivity for our corporate clients. For example, we spent R1 billion on lithium-ion batteries, which have a longer useful life than lead-acid batteries and are less harmful to the environment.

“We installed over 38 000 new lithium-ion batteries and improved security measures at more than 10 025 sites in the network. More broadly, Vodacom has a comprehensive technology resilience programme in place to ensure that critical infrastructure and services are resilient through design.”

The annual report also states that the company mitigated some of the negative impacts on its consumer and enterprise customers by accelerating the installation of new backup batteries and standby power solutions and implementing high-security shelters to reduce battery theft and damage.

“The network availability improvement plan accelerated battery deployment to our base stations, and we reached 10 025 sites, as well as 818 first-priority enterprise business unit sites,” said Vodacom.

How much electricity does Vodacom consume?

In the 2021 financial year, Vodacom said it consumed 634.0GWh electricity versus 607.7GWh in 2020.

Vodacom added that total energy costs saved the sum of R16 million, and Green House Gas (GHG) emission reductions came to 12 272 metric tonnes of carbon dioxide equivalent (mtCO2 e).

In 2021, total electricity saved was 11 971 megawatt-hours (MWh), the company said, adding that over 1 088 solar-powered sites exist across its markets.

“Renewable energy, procured through renewable independent power producers (IPP) covers 36 base station sites in South Africa,” reads the annual report. “Electricity amounting to 52 035 megawatt-hours (MWh)) was saved.”

Vodacom invested R13.3 billion to maintain and increase network resilience and expand
network capacity during the 2021 financial year.

“We are exploring new ways to build more resilient and sustainable networks with the
help of our suppliers, business partners and energy experts,” reads the annual report.

Also read: What Is Vodacom Doing To Reduce Its Reliance On Eskom?

Huawei Launches 2021 HMS App Innovation Contest, Apps UP!

Huawei
Huawei

Huawei announces much-awaited 2021 App development competition: Huawei HMS App Innovation Contest (Apps UP).

Not all superheroes wear capes. Some sit behind a desk conjuring up ways in which they can use technology to make the world a better place. Whether it’s to improve health and education systems or to alleviate stress and improve mental well-being through fun and supportive video games, these apps are always in demand. A call has been made once again to developers around the world to put their skills to the test on a global stage with the launch of the 2021 Huawei HMS App Innovation Contest, Apps UP.

Level up your innovation

The competition aims to inspire talented developers around the World to create seamless, smart, and innovative digital experiences, and explore the future of digital intelligence. By highlighting pioneering HMS open capabilities, the competition gives App developers the tools to build tomorrow’s all-connected World. This includes constructing the future of technology and bringing all-scenario smart life experiences to Huawei end users in over 170 countries and regions, reaching over 650 million Huawei users globally.

Hard work leads to big rewards

The Apps UP competition from Huawei is a real-life example that hard work pays off. The competition will be held in Middle East & Africa, Europe, Asia Pacific, Latin America, and China. Huawei has set aside US$1 million from the Shining Star Program as prize money for the contest.

$200,000 (R2,75 million) will be allocated for the following award winners in the Middle East and Africa:

      • Best Application Award
      • Best Game Award
      • Most Social Impact Award
      • Best HMS Core Innovation Award
      • All-Scenario Coverage Award
      • Excellent Student Award
      • Starlight Creative Award, and
      • Honourable Mention Award.

This year’s contest also includes a new Tech Women’s Award, and will feature speeches from outstanding women in tech, with the goal of supporting and encouraging – together with HUAWEI Women Developers – female developers in realising their dreams by pursuing groundbreaking work.

Winners are also eligible for additional rewards, such as HUAWEI AppGallery promotional resources, Huawei cloud resources, and exclusive incentives for paid HMS Core capabilities, among others.

The theme for this year’s Huawei HMS App Innovation Contest is “HMS Innovate for All”.

How to enter

To enter, participants must register an account on the official competition website, between 14 June and 20 August 2021 and sign up as either an individual or as a team of up to three members. All Apps must be developed integrating HMS Core and submitted on the same website by 20 August 2021. The panel of judges will pre-select work based on social value, business value, user experience and originality, and this will happen between 21 August and 9 September. From there, the top 20 shortlisted apps in each region will be made available to the public to download and vote for their favourites on the competition’s official website or HUAWEI AppGallery from 11 September to 23 September, before making their way to the finals in October. To find out more, click here.

Over four million entrants

The 2020 Huawei HMS App Innovation Contest attracted more than 3,000 teams from over 170 countries and regions in the five competition regions. 20 outstanding Apps were shortlisted in each region, among thousands of HMS innovative Apps submitted. These Apps covered every facet of daily life, inspiring smart experiences in health and fitness, education, agriculture, environmental protection, transportation, and public safety, among many others.

The contest reached more than four million developers. Standout entries from South Africa, which were recognised and rewarded, were as follows:

      • Pregnancy educational App, My Pregnancy Journey – Best App and Best Social Impact App winner
      • Space adventure game, Gauntlet – Best Game winner
      • Space adventure game, Slug Hunter – Honourable Mention
      • Load shedding informational App, Load Shedding Notifier – Honourable Mention

Prosus Buys A Majority Stake In GoodHabitz For R3,5 Billion

Prosus
EdTech. Photo by Julia M Cameron from Pexels

Prosus, one of the largest technology investors in the world, announced today it has acquired a majority stake in GoodHabitz, a provider of online training for businesses.

EdTech is a huge focus for Prosus, which invests in companies that help to democratize access to quality education around the world. Prosus entered the EdTech market in 2016 with investments in Brainly, Codecademy and Udemy, and has continued to expand its investments in the sector since then, with the portfolio now also including BYJU’s, Eruditus, Skillsoft, SoloLearn and now Stack Overflow.

Now Prosus has bought a majority stake in GoodHabitz for approximately €212 million (R3.5 billion).

GoodHabitz was founded in 2011 and provides enterprise clients with a broad range of cost-effective soft-skills, such as leadership and management skills, digital learning content relevant to their entire employee base – currently delivering 150 courses available across eight languages.

Since its founding, GoodHabitz has developed a strong enterprise client base in all market segments.

From 2016, GoodHabitz has expanded from its original market in the Netherlands into nine further European markets and is one of the few profitable, scale players in EdTech in Europe.

“If this past year has shown us anything it is that technology can fundamentally change a sector and enable it to scale much quicker, and this is especially true in learning and education. The future of workplace learning is rapidly evolving and the companies that can engage their employees in a digital environment successfully will do well moving forward,” said Larry Illg, CEO of Prosus EdTech.

“There is a significant need across businesses of all sizes to offer their people engaging, easy-to-consume training. GoodHabitz has built a successful business delivering highly polished but fun content that meets that need perfectly and we are looking forward to helping the team expand the business further as part of Prosus.”

Personal development and soft skills e-learning specialists, GoodHabitz is 100% committed to providing a learning journey that’s fun and easy to access for everyone.

GoodHabitz will continue to be led by Founder and CEO, Maarten Franken. Franken is a seasoned executive with deep experience in the EdTech market, having previously founded and led another education-focused company. He has a successful track record at GoodHabitz and will continue the company’s drive into new markets.

“We look forward to becoming part of the EdTech powerhouse that Prosus is building,” said  Franken.

 

“Companies around the world face big challenges effectively educating their workforces, particularly now with the explosion in home working over the last 15 months.

 

“We hope to accelerate our international growth working with the Prosus team, helping more customers build a workforce that is ready for the future through enabling more people to access online training.”

How technology is changing online sports betting?

Technology
Woman holding a mobile phone to visit a sports betting website while lies down at home.

Technology is changing so rapidly that it seems that your laptop you bought brand new a month ago is already obsolete. It is remarkable.

One industry that has been taking full advantage of these technological advancements is the online sports betting industries. Industry experts like bettingsites.ng are recognizing that the newest innovations can help to improve the experience for fans and here are just some of the ways that they are doing just that.

Ensuring That Gaming Is Fair

There is a no bigger concern that users have about using online casino and sportsbook sites than being cheated. This does not mean that the site did anything unsavoury. It could be that someone has hacked the system or gained unauthorized access to your account.

One of the best technological advancements in recent years is the creation of blockchain technology. If you are unfamiliar with this technology, blockchain allows servers and computers to connect to one another in a secure way that prevents unauthorized access. This is extremely important because sportsbooks may be using several computers and servers across the globe, but blockchain ensures that they are all protected and able to securely connect to one another.

It also makes sure that they run more efficiently and faster than ever before. This was definitely a game-changer.

Payment Options

It does not seem like it was very long ago that your only methods to fund your account were check, wire transfer, and credit card. Now there are dozens of options available and the security around these options is exceptional. People are using their e-wallets to transfer funds into their accounts. They are even using digital forms of currency, like bitcoin. That technology is changing the entire world.

Popularity of Live Betting

One of the most popular forms of betting taking the industry by storm is live betting. This allows users to bet on contests that are already underway, enabling them to get in the action and bet on a team they think will win after they have seen the first quarter.

This type of option was not available even three or four years ago, as it was impossible to find sportsbooks who were offering this kind of service. That is no longer the case. Now you can place bets on games while they are occurring. Sportsbooks are offering in game odds and spreads. Technology has opened the door to thousands of new bets each day.

Artificial Intelligence

You have probably heard a lot about artificial intelligence and may not have thought that it would really impact the sports betting industry, but that is not going to be the case at all. One of the things that AI does is allow systems to learn about users and then cater the experience to the individual user.

If you are a person who spends a lot of time using a particular site, you are likely going to find that that site will soon be doing a lot of things to make your time using the site a lot more enjoyable. It will update you with game information, player injuries, and other factors that will matter to you most. It will learn about you, and that will make betting a lot more fun.

As you can see, technology is changing the sports betting world in amazing ways. It will be truly remarkable to see where we are a year from now.

 

Africa Data Centres Welcomes Asteroid IXP Into Its Nairobi Facility To Deliver Strong Regional Interconnection

internet
Internet. Photo by Caio from Pexels

In a move delivering clear benefits to Internet users in East Africa, Asteroid is setting up an Internet Exchange Point (IXP) in Africa Data Centres’ Nairobi facility.

IXPs are great catalysts for improved local interconnection. An IXP enables networks to peer (the direct connection and exchange of traffic), which results in reducing costs and latency, and providing a better quality of service to Internet end-users.

According to Dan Kwach, Managing Director of Africa Data Centres East Africa, welcoming Asteroid IXP in Nairobi will enhance the connections between big tech giants, international content providers and local Kenyan and African networks and enterprises, further catalysing East Africa’s digital transformation.

“We are essentially a carrier-neutral business and while we already have an excellent partnership with Kenya IXP, we are pleased to see Asteroid start operating an IXP in Nairobi. Hosting a second IXP within our facility provides more options to our customers and increases network resilience and redundancy,” he says.

Proven track record

Asteroid has demonstrated a proven track record in delivering highly reliable, cost-effective IXPs within and outside the African continent, one example being the Asteroid Mombasa IXP which has gathered a localised community of 20+ networks in one year.

“We are excited to enter into partnership with Africa Data Centres. Since its start in 2012, the Nairobi facility has hosted a diverse range of networks and has been expanded to accommodate to the growth of the ecosystem. In setting up our IXP in Nairobi, the decision to install one of our points of presence within ADC was simply a no-brainer,” Says Remco van Mook, CEO at Asteroid.

Having content and services close to local users is necessary to obtain good response times and low latency. At the same time, it also makes those services and content more reliable and less vulnerable to external disruption.

Kwach explains that another critical benefit of hosting Asteroid IXP is that in Africa it is not uncommon to see Internet traffic – destined from one local ISP to another – leave the continent through expensive international links, before returning to reach the other local party.

“This is not only inefficient and slow but also leads to high costs for all parties. However, having access to IXPs on-site allows our customers to exchange this traffic locally instead, eliminating the need for third parties or expensive international links.

Redundancy, performance, routing, ease

“Apart from the fact that network infrastructure costs are lowered and there is greater control of routing paths, peering increases efficiency by improving network performance, while at the same time, having access to more than one IXP is good from a redundancy perspective.”

Moreover, notes Kwach, with a direct connection, connectivity is improved for both networks, resulting in reduced latency and better bandwidth utilisation for all network users.

Perhaps one of the greatest benefits to Africa Data Centres’ clients is the ease of use Asteroid brings. Through Asteroid, networks can handle their connection at the click of a button using Asteroid’s management dashboard. Networks can also leverage the use of their peering ports to exchange, and sell and buy, all sorts of IP services via private VLANs. This fosters the development and exchange of services among the local ecosystem.

“As a generation of African digital-natives emerges, demand is being created for high-quality carrier-neutral data centre capacity. Africa Data Centres understands the importance of peering with modern, well-run, cost-effective IXPs in Africa, as we view this as something that can catalyse Africa’s digital and economic transformation,” concludes Kwach.

How Smartphones Replace Computers

smartphone
smartphone. Photo by cottonbro from Pexels

In the 21st century, almost everything can be conducted with the use of smartphones. Cell phones are no more those devices that allow customers to only text messages and receive calls. Instead, they successfully replaced those things that were essential for everyday use or for several important operations.

For example, there was a time when you needed to buy a calculator or calendar, however, that’s not the case for smartphone users nowadays. Moreover, users are allowed to replace cameras with smartphones, which allows them to capture HQ pictures.

In addition to that, as the 21st century is a century of technologies, smartphones are becoming quite sophisticated and user-friendly. They allow users to conduct several operations within a minute. For instance, smartphones started to replace computers and laptops. The main reason behind this is that through technological development, smartphones now are so useful that they can provide customers with a plethora of services. You can do almost anything from your smartphone.

Today, it’s difficult to envision a day without the assistance of these multifunction phones, which have made our lives immensely comfortable by the opportunity to conduct a slew of relatively simple but critical chores with the few glances and touches of our thumbs. What enables these smart cell phones to be a one-stop-shop for our many demands? Here’s a quick rundown of some of the primary reasons why these little gadgets are a worthy successor to their huge predecessors.

Access to the Internet and Significant Applications

Our incredible mobile phones allowed us to estimate and calculate, react to emails, take notes and draw graphs and laptops on the move without relying on our desktops or laptops to perform these fundamental operations, which used to be their main features.

You can practically enter your essential business emails on your compact phone even within a few hours of the morning or chill out in one of the world’s farthest corners with all-time access to the entire suite of Microsoft Office, 24*7 Internet connectivity via wireless internet access, mobiles, and network speeds.

Moreover, one of the reasons why the demand for smartphones increases and they become more popular than PCs is Forex trading. The FX market is the largest market around the world and more and more people are starting to get involved in it.

Apart from that as a day-trading, one of the strategies in FX trading becomes more attractive for the investors, they start to replace laptops with smartphones. The main reason behind this is that smartphones are quite rapid for conducting operations, and the same goes for MT5, which is the application with both desktop and mobile version and according to the analytics of the brokers with MT5 trading platform, more investors tend to download the software’s mobile application, rather than the desktop version.

Moreover, it should be said that smartphones dominate laptops according to the statistics. For instance, internet time spent on music applications is anticipated to increase by 79%. Spotify estimated 50 million users and 12 million paying subscribers who stream music in 2015. 45% utilized desktop software, while 42% utilized cell phones. Tablets and web players were utilized by only 10% and 3% of respondents, correspondingly. Apple, on the other hand, boasted 15 million subscriptions to its Apple Music App.

According to new findings, two-thirds of podcast users listen on their mobile devices. It’s worth noting that the Apple Podcast App accounts for 78% of all podcast listening on iOS.

A lot of opportunities

Nothing denies that cellphones can make much of what laptops can do and everything the tablet can achieve with enhancements and advances in cloud capability. Globally, the smartphone population is 1,86 billion. In the fourth quarter of 2016, global revenues climbed by 7%.

Smartphones are continually innovative and produce quicker, simpler, and also more efficient new versions. A person may make a telephone call, send a text, read the news, make payments, post on social networking sites, look for a product they would want to buy, buy it, play a game, snap some really good photographs… It is difficult to compete with this type of comfort.

The smartphone is like the new Swiss Army knife. It’s capable of doing a little bit of everything. The phone is better at certain tasks than others, just as the Swiss Army knife is a brilliant knife but a dubious saw or set of scissors.

It’s great to know, though, that it could be a phone, a camera, a portable music player, a GPS gadget, an e-reader, or almost anything else you just want it to be. This may not be the greatest at many of the duties, but it is comforting to know that this can at a minimum perform tasks and that you have it with you almost always.

Mobile VS Desktop – in terms of usage

Smartphones are expected to be owned by 68% of American consumers, while tablets are owned by 45%. The number of people who own mobile devices and desktops has shifted dramatically throughout the years. For example, in 2004, only 65% of American adult consumers possessed cell phones, but by 2015, that proportion had climbed to 92%. In contrast, just 35% of American adults possessed cellphones in 2011, but this figure has climbed to 68% by 2015.

In 2014, a stunning 71% of American adults had a personal computer, such as a laptop or a desktop computer. In 2015, the figure had grown by only 2% to 73%. In 2010, just 3% of American adults possessed a tablet, but that figure has since increased to 45%.

According to a new analysis, MP3 and computer possession among youths has decreased since 2010. The survey, which included 18-29-year-olds in the United States, discovered that computer ownership among this demographic stayed steady in 2010 and 2011, at 88%, but climbed by only 1% in 2012. By 2015, the percentage of people in this age group who had a computer had decreased to only 78%.

In contrast, in 2010, 75% of young adults in this age group possessed an MP3 player, but by 2015, that figure had decreased to 51%.

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