Home Blog Page 1568

FIFA announces Algorand as her official blockchain platform

0
FIFA announces Algorand

FIFA has announced a sponsorship and technical partnership deal with Algorand, the first blockchain platform that uses pure Proof of stake. 

The partnership deal was announced by Fifa president, Gianni Infantino and Silvio Micali, founder of Algorand in Los Angeles, USA. 

Key points of the partnership deal

Blockchain platform of FIFA

In the context of the partnership deal, Algorand will be the official blockchain platform of FIFA. 

This gives Algorand an advanced global recognition as a solution-oriented blockchain platform. 

Algorand is known to be the first blockchain to solve the trilemma of decentralization, scalability, and security. 

Blockchain-supported wallet solution

It should be reiterated that the blockchain in its real sense is geared toward decentralization. 

Algorand is a solution-oriented blockchain which is evident in its pure Proof of Stake and will provide blockchain-supported wallet solutions for FIFA.

Development of digital asset strategy

Aside from the aforementioned key points, Algorand will also help in developing a viable strategy for FIFA’s digital assets. 

The digital assets yet to be announced can be in various forms such as the official cryptocurrency of FIFA, NFTs, and other notable digital assets. 

Sponsorship assets

With regards to the provisions of Algorand blockchain as the official blockchain platform of FIFA. 

Fifa will provide sponsorship assets including advertising, media exposure, and promotional opportunities for Algorand. 

To start with, Algorand will be a Regional Supporter of FIFA World Cup Qatar 2022™ in North America and Europe. 

Not only that, Algorand will be the official sponsor of FIFA Women’s World Cup Australia and New Zealand 2023™

During the announcement, FIFA President, Gianni Infantino said: 

“We are delighted to announce this partnership with Algorand. The collaboration is a clear indication of FIFA’s commitment to continually seeking innovative channels for sustainable revenue growth for further reinvestment back into football ensuring transparency to our stakeholders and worldwide football fans – a key element of our Vision to make football truly global. I look forward to a long and fruitful partnership with Algorand.”

In his word, FIFA Chief Business Officer, Romy Gai added: 

“This announcement is an exciting moment for FIFA, as it officially enters into the world of blockchain and the opportunities this presents across various applications. At FIFA, we must constantly strive to identify and explore the most cutting-edge, sustainable, and transparent means of increasing revenues to continue to support global football development. Algorand is clearly a forward-looking, innovative partner that can help us achieve these goals.”

The word of Romy Gai acknowledges blockchain as sustainable and transparent and also endorses Algorand as a catalyst for global football development. 

In conclusion, Silvio Micali, the founder of Algorand said; 

“This partnership with FIFA, the most globally recognized and distinguished organization in sports, will showcase the potential that the Algorand blockchain has to transform the way we all experience the world’s game.”

Writer’s corner

The recent partnership deal can be considered a way for FIFA to get into the blockchain. 

2021 witnessed different adoptions by various organizations and countries while 2022 is just getting started. 

More and more adoptions have been approved by nations across the globe. 

At the continent level, Binance was the official sponsor of the just concluded African Cup of Nations. 

While these are very important, the announcement by FIFA is a worthwhile partnership that indicates the global adoption of blockchain technology. 

Algorand in history

Click on the image to know more about Algorand

Algorand has been the home of notable blockchain-as-a-service platforms which is one of the reasons why Crypto Smart, Africa’s No. 1 B2B Asset Management Company upscaled to the Algorand blockchain. 

Upon successful upscaling, Crypto Smart has developed a launchpad that will enable other business and fintech companies to upscale without stress. 

This is just one of the numerous solutions built on Algorand and just one of Crypto Smart’s blockchain products. 

Algo’s Price Action

With the current indecision in the Crypto market generally, Algo, the native coin of Algorand, increased by 25%. 

The price increase which retraced at $0.7 is still below this year’s ATH of $1.0 which was not sustained for too long. 

According to Tolani Olawore; 

If you get into blockchain today, you are early. 

Do you still want to watch or will you join the moving train before it is too late? 

Website | LinkedIn | Twitter | Instagram | Telegram | YouTube | Email | Crypto Education | Discord | Reddit | Medium

Once Upon A Time – 1978 – May 3 – 1st Unsolicited Bulk Commercial E-mail (“spam”) Is Sent

0

1791 Constitution of May 3 is proclaimed by the Great Sejm (Parliament) of the Polish-Lithuanian Commonwealth, becoming the 1st modern constitution in Europe

1926 Britain’s Trade Union Congress calls for the country’s first ever general strike, begins at 1 minute to midnight in support striking coal miners, lasts 9 days

1937 Margaret Mitchell wins Pulitzer Prize for “Gone With The Wind”

1945 World War II: German ship “Cap Arcona” laden with prisoners sunk by Royal Air Force in East Sea, 5,800 killed – one of largest maritime losses of life

1947 Japan’s post-war constitution goes into effect, granting universal suffrage, stripping Emperor Hirohito of all but symbolic power and outlawing Japan’s right to make war

Historical Events Today
Today in Film & TV
1944 “Going My Way”, directed by Leo McCarey and starring Bing Crosby premieres in New York (Academy Award for Best Picture, 1945)

Today in Music
1960 Musical “Fantasticks” by Harvey Schmidt and Tom Jones, premieres in NYC (world’s longest running musical)

Today in Sport
1999 World Snooker Championship, Crucible Theatre, Sheffield: Stephen Hendry of Scotland defeats Welshman Mark Williams, 18-11 for a record 7th world crown

1808 Day depicted by Spanish painter Goya in his “The Third of May”, painted 1814

1978
First unsolicited bulk commercial e-mail (“spam”) is sent by a Digital Equipment Corporation marketing representative to every ARPANET address on the US west coast

Exploring Poilão Dam On The Island Of Cape Verde

0

Poilão Dam is the first officially built dam located on the island of Cape Verde, in the Atlantic Ocean.

Located in the municipality of Santa Cruz, on the border with the municipality of Sao Lourenco dose Órgãos, on the Island of Santiago.

The construction of the dam was completed in 2006, and it is 26 meters (85 feet) with a total capacity of 1.7 million cubic meters of water.

As the world faces larger droughts, and the closeness of the archipelago to the African mainland, the islanders needed something to sustain not only the island’s freshwater supply, but also to be used for watering the agricultural fields.

As Cape Verde is set to move ahead with the construction of more dams over the archipelago, their first official dam was funded by Chinese cooperation.

The assurance was given by President José Maria das Neves, who at the launch ceremony for the dam highlighted the “great contribution” provided by China for the project to be completed.

Poilão dam will serve one of the poorest areas of Santiago Island, with a population of around 33,000 people, and it is hoped it will contribute to the development of agricultural and tourism projects, and thus combat desertification of the area.

The official cost of the dam was around $4.4 million, and what is more interesting is that the project was funded without needing to be repaid. Neat, really neat.

Airbnb Posts Much Smaller 1st Quarter Loss, Revenue Doubles From 2021

0

Airbnb sharply narrowed its first-quarter loss to $19 million, as the rebound in travel after two years of pandemic caused bookings to jump and revenue to nearly double from a year ago.

The lodging-reservations company said Tuesday that there is strong demand for bookings during summer and the year-end holidays.

Airbnb said international bookings by Americans are running ahead of their pre-pandemic pace.

The loss that Airbnb reported was a sliver of the $1.17 billion loss it suffered a year earlier.

Revenue rose to $1.51 billion.

On a per-share basis, the loss was 3 cents. Analysts expected the San Francisco company to lose 25 cents per share on revenue of $1.45 billion, according to a FactSet survey.

Shares of Airbnb rose 5% in the first minutes of after-hours trading. They had lost 5% during the regular session.

Endangered Bird, Condors Soar Again Over Northern California Coastal Redwoods

0

The endangered California condor returned to soar the skies over the state’s far northern coast redwood forests on Tuesday for the first time in more than a century.

Two captive-bred birds were released from a pen in Redwood National Park, about an hour’s drive south of the Oregon border, under a project aimed at restoring the giant vultures to their historic habitat in the Pacific Northwest.

The two male condors were moved into staging area at late morning and a remotely controlled gate was opened.

After a few minutes of warily eyeing the opening, the birds stepped one by one through the opening, spread their giant wings and took off.

“They just jumped up and took flight off into the distance,” Tiana Williams-Claussen, wildlife director for the region’s Yurok tribe, said in a webcast.

Pastor Keith Who Tweeted LGBT Contrary To Christian Faith, Wins Case

0

An Employment Tribunal Has Ruled That Pastor Keith Waters Was Discriminated Against By The School Where He Worked Part-Time As A Caretaker.

When He Tweeted To Warn That Lgbtq Pride Events Are “Contrary To The Christian Faith” And “Especially Harmful To Children”, He Faced Threats And An Investigation For Bringing The School “Into Disrepute”.

Believing That He Faced No Alternative, Keith Resigned As He Could No Longer Combine His Roles As A Christian Pastor And Caretaker At The School.

He Gives Thanks For The Judgment And For The Support Of The Christian Concern Community Which Backed His Case With Prayer And Donations

Pipeline Project: Nigeria, Morocco Still Sourcing Fund

0

Nigeria and Morocco are still seeking funding for a huge pipeline project that will carry Nigeria’s gas to North Africa and onto European markets, Minister of State, Petroleum Resources, Timipre Sylva, said.

Africa’s gas supplies are increasingly in the spotlight as the European Union looks to wean itself off Russia’s production after the invasion of Ukraine in February.

Four years ago, Morocco’s King Mohammed VI and Nigerian President Muhammadu Buhari agreed on the mega-project to carry gas along the Atlantic Coast in a deal that was first signed in 2016.

Sylva said that the pipeline would be an extension of a structure that had been pumping gas from southern Nigeria to Benin, Togo and Ghana since 2010.

He said, “We want to continue that same pipeline all the way to Morocco down the coast. Right now, we are still at the level of studies, and of course, we are at the level of securing the funding for this project and a lot of people are indicating interest.

“The Russians were with me in the office last week, they are very desirous to invest in this project and there are lot of other people who are also desirous to invest in the project.”

The minister said they had not concluded any financial arrangement for the pipeline.

He added, “There is a lot of international interest, investors’ interest, in the project, but we have not really identified investors that we want to go with.”

Plans for a pipeline to take Nigeria’s gas resources to North Africa have long been discussed and Algeria has also held talks with Nigeria as far back as 2002 for a similar pipeline crossing the Sahel region.

OPEC member, Nigeria, has huge gas resources – the largest proven reserves in Africa and the seventh-largest globally.

Fellow OPEC member, Algeria, Africa’s largest gas exporter, said recently it was ready to supply Europe with more gas.

Russia’s state energy giant Gazprom has announced it has stopped all gas supplies to Poland and highly dependent Bulgaria, raising the spectre of a shortage in the region – and Europe as a whole.

Mental Healthcare Should Be Integrated Into Primary Healthcare Services- Expert

0

A mental health expert, Prof. Taiwo Sheikh, says mental health care services should be integrated into primary healthcare, general hospital and tertiary level care to help reduce stigma and the number of patients visiting traditional homes for care.

Sheikh, a Professor of Psychiatry at the Ahmadu Bello University, Zaria, Kaduna State, said there was a huge gap in the number of mental health services available in the country and the number of people demanding the services.

The psychiatrist who is the immediate past President of the Association of Psychiatrists of Nigeria, made the call while speaking with journalists in an interview.

He lamented that lack of specialists, inadequate modern mental health facilities and poor funding were confronting mental health services in the country.

The don who decried the huge gaps in mental health services in the most populous country in Africa, said 80 per cent of people who have mental health issues in Nigeria are unable to access modern health care services.

Prof. Sheikh said the government must address the gaps for people with mental illnesses and ensure they have access to modern mental health services and stop patronising unorthodox care.

According to him, patients with mental illness suffer stigma and patronise traditional healers because they do not have access to modern health services.

“When we are talking about why patients are patronising spiritual homes and traditional healers. The question is do we have enough modern health care facilities for people to patronise?

“Do we have equitable, available, accessible and affordable modern health care facilities for people to access? The answer is no, we don’t have”, he said.

On the issue of manpower, the psychiatrist said the country also has a huge gap, lamenting that only about 300 psychiatrists are serving over 200 million people.

Prof. Sheikh noted that for Nigeria to bridge the gap, the government must improve the manpower and facilities available.

Continuing, he said, “Look at the number of specialist institutions that we have that offer mental health services.

“Outside the specialist psychiatric hospitals which are eight in this country, the others are departments of psychiatry of teaching hospitals that are scattered across the country here and there.

“Most state governments do not have provision for mental health services not talk of local governments.

“We need to increase the manpower available. Not only that, we need to provide fund that will improve what we are talking about. And the provision of funds by either direct budgetary allocation for mental health and also by integrating mental health in all levels of health care delivery system in Nigeria.”

In conclusion Prof. Taiwo said, “Mental health should be integrated into primary healthcare, all general hospitals and all tertiary hospitals.

“By so doing, we are increasing available services to people, the number of patients visiting spiritual homes and traditional healers will reduce because there would be increase in access to modern treatment. It will also reduce stigma.”

Physician reveals foods to avoid while treating Malaria

0

A medical practitioner, Chinonso Egemba, has cautioned Nigerians against consuming fruits and food containing vitamin C while treating malaria.

The medical practitioner, popularly known as ‘Aproko Doctor’ on social media said that the consumption of fruit or food rich in vitamin C while treating malaria nullifies the effect of the antimalarial drug the person is taking.

In a post on his Instagram page, Egemba explained that when an individual is treating malaria and then consumes anything with vitamin C, it is like taking three steps forward and two steps backward.

 He said, “When you are treating malaria with drugs known as ACT drugs, they create an environment for the malaria parasite to not survive, in other words, they poison the environment, the malaria parasite gets into the environment and they die.

Read Also: Little Exercise can improve Memory – study

“When you bring in vitamin C from the oranges and pineapples, you are cancelling the effect of the ACT drugs the individual is taking.

“Until the person finishes the antimalarial medication, please do not give any vitamin C,” Egbema warns.

Also, according to an online post by TalktoMeHealth – an online platform for health information, vitamin C may have an additional detrimental effect on malaria if taken concurrently with Antimalaria.

Vitamin C, it noted, goes a long way in rendering the antimalarial less effective and increasing parasitemia in the blood.

“Vitamin C and any ACT should not be taken concurrently.

“Vitamin C reduces the efficacy and treatment failure may result.

“For the number of days a child is taking the ACT, do well to keep juices and your wonderful multivitamin preparations away. Juices you should know often contain “ascorbic acid” and that’s Vitamin C.”

Malaria: Organisation Sensitises Lagos Residents On Preventive Measures

0

In commemoration of 2022 World Malaria Day, Clearline International also known as Clearline HMO in partnership with Greenlife Pharmaceuticals has sensitised members of Bariga Ilaje community on the need to adopt preventive measures against malaria.

The organisation gave families and households in the community treated mosquito nets, insecticides and anti-malaria drugs to curb the scourge of malaria in their homes.

The General Manager, Stakeholders Management and Contact Centre of ClearlineHMO, Chidinma Chigbo, in an interview said: “The aim is to raise awareness on the causes, effects and prevention of malaria and essentially reduce the disease burden across the country.

“Ilaje Bariga is a riverine area and a suburb; so, we are here to sensitise the inhabitants on what causes malaria, and how to prevent it going forward. Stagnant water, ditches or clogged gutters in their environments can breed mosquito. They were also advised to sleep under the free treated mosquito nets we gave them to prevent mosquito bites which can lead to malaria,” Chigbo said.

An Area Manager with Greenlife Pharmaceuticals Limited, Dr. Wilfred Okolie, explained that Nigeria had a greater percentage of malaria cases, hence the need to provide therapeutic options for communities.

Okolie noted that “early treatment of malaria goes a long way to prevent complications, especially in children.

For us at Greenlife, we have contributed much to the fight against malaria, through the provision of therapeutic options and today, the residents will be given anti-malaria medicines. We’re glad to jump on the partnership with ClearlineHMO Limited.”

Also present at the event was the Managing Director of ClearlineHMO: John Nwajoku, the Baale of the community, chiefs and other dignitaries.