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Thank you for showing interest in joining our community. We are a community of cryptocurrency and blockchain enthusiasts in Zambia. Our mission is to establish a countrywide network of cyptocurrency and blockchain enthusiasts and professionals with the vision of establishing a blockchain training institute in Zambia by 2021.

The community shall be used as a platform for sharing and exchanging information, knowledge and opportunities about blockchain technology. Joining is completely voluntary and membership is absolutely free. There is no hierarchy or structure of any kind. ALL MEMBERS ARE EQUAL. Members shall conduct themselves in line with rules and code of conduct which shall be established by the members themselves through a consensus. Decisions that affect the community shall be taken by way of a vote.

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5 CRYPTO SCAMS: HOW TO IDENTIFY THEM AND AVOID THEM

Financial scams such as Ponzi schemes, pyramid schemes, and the likes have been part of human civilization ever since the invention of money. However, these scams have become more prevalent since the emergence of cryptocurrencies, due to their nature – fast and anonymous. These characteristics of cryptocurrencies make them a preferred tool for bad actors in the space. Nevertheless, the modus operandi of scammers remain the same whether using fiat currencies or cryptocurrencies. Their style is to offer ridiculous returns on investments. Furthermore, they use pressure tactics to make would-be victims think that they have very limited time to take up the offer. This is done so that the would-be victim does not have time to give much consideration to the offer. Today, we will look at 5 crypto scams you should look out for in Zambia and how you can identify them. 1. THE PONZI SCHEME This is a scheme where the promoters make it seem like the business is making money and actually paying out a...
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CRYPTOCURRENCY WALLETS: TYPES OF WALLETS

A cryptocurrency wallet is a digital wallet that refers to an electronic device, phone app, computer software or an online service that allows an individual to make electronic transactions. It stores private and public keys and interacts with various blockchains to enable users to send and receive digital currency and monitor their balance, send money and conduct other operations. In this three part series we take a look at the types of crypto wallets and how to secure them. When a person sends you bitcoins or any other type of digital currency, they are essentially signing off ownership of the coins to your wallet’s Public Key. To be able to spend these coins(money) and unlock the funds, the Private key stored in your wallet must match the public address the currency is assigned to. If public and private keys match, the balance in your digital wallet will increase, and the sender's will decrease accordingly. There is no actual exchange of real coins(money). The transaction is s...
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Escrow Services

 ESCROW SERVICES Escrow services is not unique to digital products and services. It has been used whenever a buyer or seller (of any product) doesn't trust that the other party will meet their obligation. WHAT IS ESCROW Escrow Services allow both buyer and seller to protect a transaction by placing funds (or products, whichever is convenient) in the hands of a trusted third party that collects, holds, and disburse funds until a specified set of conditions is met by both parties. WHY IS IT NEEDED? When interacting with someone you have not interacted with before, to minimise your risk, you ask for payment in advance, but this also inadvertently creates an issue for the buyer. Who is as well not certain that the seller will deliver as promised. Step in, escrow service.  HOW IT WORKS The buyer sends the agreed purchase amount to the escrow service. After payment is verified, the seller is instructed to send the goods. Upon delivery, the buyer has a predetermined period of time to...
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