To Africa, LaFiya TeleHealth begins to ship and Medcera is powering the Electronic Health Record system. And you know what: the connectivity can be done via satellite which means even in places with no connectivity, our technologies work. Governments, schools, villages, churches, markets, mosques, companies, etc, if you are looking for advanced health technologies designed by new generation engineers, Lafiya TeleHealth with great medical sensors, and Medcera, are here for you. Contact here.
As China Cleans Itself of Cryptos, Crashing Bitcoin, etc, The E-Yuan Order Begins
This is how you know a great nation: its impacts are global. China is showing the world that on purchasing power parity (PPP), it is the world’s largest economy. And if you go back to economic history, in the last ten centuries, China has dominated the global GDP by at least six times.
So, that takes me to the cracking paralysis of Bitcoin which is now below $34,000 per BTC. Why? The ascension of e-yuan is here, and China has to clean all cryptocurrencies from the China-balance sheet at personal, corporate and sovereign levels. The message is simple: a future of cryptocurrencies with Chinese participation is doomed, but that does not mean that crypto is dead. China has voted to be in charge of its destiny and e-yuan is that future.
You do not serve two masters at the same time and China rarely offers choices. So, when e-yuan morphed, a day like this was expected. It was never a shock because to expect China to allow its wealth to be decentralized in Ether, Dogecoin, etc is total lack of awareness.
But before you lionize Nigeria’s playbook on this – cleaning cryptos in its banking system, note this: China has offered an alternative to its people. When Nigeria banned, it did not offer any alternative. Hope that explains the differences in the game plan.
Bitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the digital coins.
The world’s most heavily traded cryptocurrency plunged 10% Wednesday to trade at $40,728 per coin, according to Coindesk, a news and information website specializing in crypto assets. That’s bitcoin’s lowest level since February. It also represents a 36% drop since hitting a record $63,347 in April.
[…[
Alongside bitcoin’s fall, several other major cryptos were down Wednesday. Ethereum plummeted 14%, trading at $2,978 — a 31% drop from a peak hit last week. The meme-turned-cryptocurrency dogecoin lost 13%.
I had explained deeper here:
It is typical China-style: fast, bold and big. The manufacturing capital of the world has banned “financial institutions and payment companies from providing services related to cryptocurrency transactions”. That is the only factual statement in that press release from the Communist Party. The other components are not true because China is not a passive party.
Yes, for the rise of e-yuan, a digital version of China’s currency, Bitcoin, Ether and other cryptocurrencies must make way. You may not blame them because in this world, there is fraternity when you are not rising but when you begin to rise, problems emerge. China will never trust the BTC ledger, decentralized or otherwise, and that is why the transition to e-yuan has started. For a nation which is admired and hated, depending on your GIS location, it understands the risks , and wants to manage them: move China away from Western cryptocurrency!
America, Europe and the world: a new order is here!
Let’s Co-Design That Future
Let’s co-share and co-learn at Tekedia Institute. The Tekedia Mini-MBA edition 5 (June 7 – Sept 1, 2021) promises to be super-amazing. Thrice weekly, during Tekedia Live, everyone has an opportunity to ask questions. Our program is online, self-paced, and costs $140 (or N50,000 naira) per member. Bulk registrations have discounts. Share and tell your friends, associates, colleagues, etc because at Tekedia Institute, we are co-designing the Future.
BEGIN here.
Tekedia Institute offers an innovation management 12-week program, optimized for business execution and growth, with digital operational overlay. It runs 100% online. The theme is Innovation, Growth & Digital Execution – Techniques for Building Category-King Companies. All contents are self-paced, recorded and archived which means participants do not have to be at any scheduled time to consume contents.
It is a sector- and firm-agnostic management program comprising videos, flash cases, challenge assignments, labs, written materials, webinars, etc by a global faculty coordinated by Prof Ndubuisi Ekekwe.
First Robot Traffic Warden Closes in Ibadan as the City Gets Smart Traffic Warden Unit
Across the four geographical demarcations of Ibadan city, it is not difficult to know that vehicular movement is impacting people’s mobility and productivity. From Iwo Road to Bodija and University of Ibadan to Dugbe, roadside markets and indiscriminate parking of vehicles are affecting movement, making the work of traffic wardens more cumbersome.
For the University of Ibadan to Dugbe route, University of Ibadan to Secretariat and Sango junctions remain the problem points, according to a recent study and our observation. Dugbe roundabout, Iwo Road interchange and pedestrians crossing express road are the problem points of heavy traffic on Dugbe-Apata, Lagos-Ibadan expressway and Adegbayi-Alakia routes.
When motorbike, motor vehicle and pedestrian crashes occurred information indicates that “the motorbike (MBC) hotspots are mainly concentrated within the metropolitan areas, while motor vehicle crashes (MVC) are common along the major highways (dual carriage road). The Ojoo-Moniya axis of the Lagos-Ibadan express road, Iwo Road interchange, Akinyo street, Bishop Akinyele road, Parliament Road, Queen Elizabeth Road, Oba Salawu Aminu Road, Oba Adebimpe Road, Fajuyi Road are some of the hotspots for the motor vehicle crashes.”
Meanwhile, our analyst notes that the recent production and presentation of a smart traffic warden unit by the Robotics and Artificial Intelligence [RAIN], an Ibadan based company, has indicated that businesses in the city can refine and turn existing data into products that could solve the perennial traffic problem in the city. “We can solve local problems locally,” Dr Olusola Sayeed Ayoola, founder of the centre, says on one of his social media handles.
“Enough of imported expertise which result in abandoned projects after minor faults. This is a traffic warden stand equipped with solar powered traffic lights for use in either Auto-mode or Manual Override. A novel concept because it is the first of its kind globally. This is modular, can be moved from junction to junction when needed. A CSR project by RAIN. I think every busy T-junction in Nigeria needs one.”
Reacting, Bello Adeyemi, a follower on the social medium, notes that “It is a great idea. However, there is a need to consider [putting] a glass that can be opened and closed in form of a window. That will help the traffic personnel in case of rain and sun.” Another follower [Kufirre Ebong] adds that “add something that enables the traffic lights switch based on the intensity of traffic in any of the lanes (making it somewhat intelligent) using computer vision.”
Dr Olusola Sayeed Ayoola and others at the presentation of the Unit to the Nigeria Police in IbadanResponding to Ebong’s suggestion, Dr Ayoola points out that “there are certain conditions that call for that, and we won’t need computer vision to aid that either. There are basic obstacle sensors for such. However, in this case we have not sought to demonstrate complicated solutions, hence the option for the manual override.”
When our analyst asked Nurudeen Adesokan, the Head of Partnerships for the centre, why the unit is not called Robot Traffic Warden, he says “Not yet. We want to make it a gradual improvement to full AI, but first understand the challenges with the current smart traffic. This one provides opportunity for override by traffic wardens located there. All these information will be compiled towards the fully autonomous unit.”
Both Dr Ayoola and Mr Adesokan stressed that there are additional challenges that could prevent full deployment of robotic traffic warden in the city. According to them, government needs to fix dilapidated roads across the city. “Though there are roads in Ibadan that could sustain it, but not that Alesinloye junction for now,” Mr Adesokan says.
Tekedia Live Scheduled – Satellite Broadband, SpaceX Starlink and Opportunities in Nigeria, Africa
Good People, there are so many things which are coming up in the SpaceX Starlink satellite broadband domain as the company plots its strategy into Nigeria and Africa. By now, we ought to have spent time looking at this redesign and what the future offers. But Tekedia Mini-MBA is not in session; the next edition begins June 7.
But timing is very strategic as we want our members to have the right information. So, on Saturday, May 22, 2021 at 7pm WAT, we will run Tekedia Live as follows:
- Topic: Satellite Broadband, SpaceX Starlink and Opportunities Ahead in Nigeria & Africa
- Speakers: Ndubuisi Ekekwe (Tekedia Institute), John Enoh (Beeptool Satellite), Joseph Ibeh (Northern Sky Research)
- Date: Saturday, May 22, 2021 at 7pm WAT
- Link: https://www.tekedia.com/live/
- Access: Tekedia Mini-MBA and CollegeBoost