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The AI-Blockchain Nexus: Redefining Tech’s Future

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By Emmanuel Ebanehita, the Chief Marketing Officer of Fuse Network

The convergence of Artificial Intelligence (AI) and blockchain has emerged as a transformative catalyst. This fusion promises to disrupt industries and redefine how we transact, interact, and innovate.

This symbiotic relationship between decentralized ledger technology and machine learning is not just a trend; it’s a profound shift that promises to transform industries, reshape economies, and revolutionize our understanding of data-driven opportunities.

AI and blockchain have already caused significant disruptions in the tech landscape. A recent market research analysis by Facts and Factors predicts that the global AI market will grow from $29.86 billion in 2020 to $299.64 billion in 2026, indicating a compound annual growth rate (CAGR) of 35.6 percent.

Likewise, experts forecast that the global blockchain market will experience a CAGR of 67.3 percent, taking it from $3 billion in 2020 to $39.7 billion in 2025. In terms of functionality and impact, AI, with its capacity to process extensive data and make intelligent decisions, has found applications in fields from healthcare to finance. On the other hand, blockchain has showcased its capability to improve transparency, security, and trust across various sectors.

However, their convergence becomes formidable because it creates a harmonious ecosystem where organizations can execute data-driven decisions transparently and immutably.

This synergy extends beyond a single industry; it can simultaneously disrupt and transform multiple sectors. An IBM Consulting report supports this idea, stating that the intersection of AI and Blockchain yields various positive ‘combined values,’ including ‘Augmentation, Automation, and Authenticity.’ Recent reports also project that the global blockchain-AI market will increase from $230 million in 2021 to nearly $1 billion in 2030.

Africa, with its vibrant entrepreneurial spirit and burgeoning tech scene, stands to gain immense benefits from the convergence of AI and blockchain—an alignment with the continent’s aspirations for inclusive economic growth and technological empowerment positions the synergy favorably. Consequently, Africa’s unique challenges and opportunities create fertile ground for innovative solutions powered by AI and blockchain.

In particular, blockchain technology can enhance transparency and trust in supply chain management and financial services. Meanwhile, AI can drive efficiency and data-driven decision-making in healthcare, agriculture, and education. Together, they can create a virtuous cycle of innovation and economic development within the continent.

As the blockchain AI market expands and matures, numerous organizations have made strides to offer innovative services that allow consumers to benefit from the best of both worlds.

Among the vanguards of this technological synergy is Fuse.io. Founded in 2019, Fuse is more than just a platform; it’s a visionary solution that empowers businesses and developers with end-to-end capabilities for Web3 payments. With over 1.8 million users, over 128 million successful transactions, and a presence in 12 countries, Fuse.io exemplifies the potential of AI and blockchain to transcend borders and empower small and medium-sized businesses.

Fuse’s value proposition is profound. It offers businesses an alternative to traditional payment methods, sparing them from the demanding fees associated with credit cards. Through Fuse’s Software Development Kit (SDK), smaller merchants with limited technical abilities can seamlessly integrate payment solutions at lower costs and with heightened reliability. The future is undoubtedly non-custodial, and Fuse is at the forefront of this movement, providing security and control with its non-custodial wallet SDK.

What are Fuse’s unique propositions, and how is the brand leading the way in the convergence of AI and Blockchain?

Speaking at the just concluded Tech Next Conference, themed: Disruptive Tech: New Frontiers, New Opportunities, Emmanuel Ebanehita, the Chief Marketing Officer of Fuse Network, explored numerous measures through which Fuse.io is leading the way in the convergence of AI and Blockchain.

AI-Powered Mobile Payments:

Fuse’s mobile-first approach perfectly aligns with the trajectory of mobile-centric payment solutions. By integrating AI into its mobile payment infrastructure, Fuse enhances the user experience by anticipating spending behaviors, offering financial guidance, and fortifying security measures to detect potential fraud.

This seamless blend of AI and mobile payments amplifies convenience. It fosters a heightened sense of security and trust among users, especially in developing economies like Africa, where security concerns are highly palpable, thereby shaping the future of digital transactions.

Data Transactions for AI:

Fuse’s microtransaction capabilities are a game-changer for AI companies aiming to acquire data directly from individuals. In today’s AI landscape, where human-generated content is the lifeblood of machine learning, microtransactions play a crucial role. They enable fair compensation for content creators, driving the development of generative AI models. Fuse’s cost-effective transaction model provides the perfect solution, making this symbiotic relationship between AI and human creativity economically viable and sustainable.

Decentralized AI Marketplaces:

Fuse extends its influence far beyond the realm of payments. It provides businesses the tools to create personalized decentralized applications (dApps), enabling access to platforms where AI models and services can be decentralized. This democratization of AI capabilities enhances accessibility and fosters an environment for innovation to thrive.

In these ways, Fuse.io is pivotal in transforming AI into a force that empowers individuals and small enterprises, reshaping the landscape of technology-driven entrepreneurship.

Overall, the convergence of AI and blockchain signifies a significant transformation in the technological landscape, and its impact will reverberate worldwide, not just in Africa. As we harness this synergy, we unleash a future brimming with limitless possibilities, and Africa, with its dynamic tech ecosystem, holds a unique position to spearhead this transformative journey.

Fuse’s pioneering role exemplifies how technology can bridge gaps and empower businesses, providing a preview of a future teeming with data-driven opportunities. Together, AI and blockchain have the potential to shape the future of technology, leaving an enduring impact on industries, economies, and societies.

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Netflix Hikes Subscription Fees Again in Nigeria over “Market Conditions”

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Netflix has increased its subscription fees in Nigeria for the third time since 2024, with the Premium Plan rising by 21.43%, from ₦7,000 to ₦8,500 per month.

Netflix Hikes Subscription Fees Again in Nigeria over “Market Conditions”

This marks the streaming platform’s first price adjustment in 2025.

Other subscription tiers have also been affected.

The Standard Plan now costs ₦6,500, up from ₦5,500—a hike of 18.18%.

The Basic Plan has increased from ₦3,500 to ₦4,000, while the Mobile Plan moved from ₦2,200 to ₦2,500, reflecting increases of 14.29% and 13.64% respectively.

The latest adjustment aligns with Netflix’s broader global pricing strategy, which the company has linked to its ongoing investment in content and platform development. In a previous communication to investors, Netflix stated, “As we invest in and improve Netflix, we’ll occasionally ask our members to pay a little extra to reflect those improvements. Which in turn helps drive the positive flywheel of additional investment to further improve and grow our service.”

While the company did not explicitly cite inflation in its most recent update, its website indicates that local economic factors influence its pricing structure.

“Price changes are made to respond to local market changes, such as changes to local taxes or inflation,” the statement read.

The move mirrors similar pricing shifts among other major digital and entertainment services in Nigeria.

Companies including Google, DSTV, GOtv, and Microsoft have also raised subscription rates, attributing their decisions to continued inflationary pressures and a weakening naira.


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NBC, Nigcomsat Launch Satellite Plan to Transform Broadcasting

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National Broadcasting Commission (NBC) and Nigerian Communications Satellite Limited (NIGCOMSAT) have jointly introduced “The Big Picture’, a flagship initiative under Nigeria’s renewed Digital Switchover (DSO) project.

NBC, Nigcomsat Launch Satellite Plan to Transform Broadcasting

Under the project,  Nigerian households will for the first time, gain access to high-quality digital broadcasts via affordable satellite dishes, hybrid devices, and internet-enabled set-top boxes.

Backed by President Bola Ahmed Tinubu and in line with his Renewed Hope Agenda, this strategic shift marks a significant step toward transforming Nigeria’s broadcasting landscape by leveraging the country’s sovereign satellite infrastructure.

At the heart of the initiative is NigComSat-1R, Nigeria’s only communications satellite in orbit, which will play a critical role in delivering Direct-to-Home (DTH) broadcasts across the entire Nigerian territory.

This satellite-first approach eliminates the traditional dependence on terrestrial transmission towers, accelerating the nationwide rollout of digital broadcasting by over 65%.

It also offers a scalable, cost-effective, and future-ready model for expanding digital access and promoting national storytelling.

Key figures, including: Charles Ebuebu, director-general, NBC; and Jane Nkechi Egerton-Idehen, managing director, Nigcomsat, have welcomed this forward-thinking strategy, emphasising its importance in maximising the use of national satellite assets and ensuring inclusive access to digital content.

An estimated 10 million homes equipped with DVB-S2-compatible televisions or decoders will have immediate access to free-to-air channels, while others will benefit from next-generation hybrid devices that combine satellite feeds with online streaming capabilities.

These new branded devices are designed with the country’s youth-dominated demographic in mind over 60% of the population is under the age of 25.

They will feature pre-installed apps, voice search functionality, parental controls, and seamless integration with NigComSat’s Electronic Programme Guide (EPG), offering an intuitive and engaging user experience.

In a data-driven upgrade to Nigeria’s  broadcasting ecosystem, NBC is also partnering with global analytics firm GARB to introduce real-time audience measurement technology.

This will enable broadcasters, advertisers and content creators to analyse viewership trends across regions and devices, helping to tailor content more effectively and drive higher audience engagement. The introduction of this system is expected to boost advertising revenue by as much as 300% by 2026.

The success of “The Big Picture” will rely on robust collaboration between public and private stakeholders.

The Broadcasting Organisation of Nigeria (BON) and other content partners are expected to supply 60% of programming for the new 120-channel platform, using both original and repurposed content.

Meanwhile, local manufacturers will contribute by producing around 5 million compliant devices annually, a move projected to create over 20,000 jobs in assembly plants nationwide.


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ACAMB Champions Bankers Wellness with Aerobics Fitness Session

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As part of its commitment to promoting a healthier and more resilient banking workforce, the Association of Corporate Affairs Managers of Banks (ACAMB) is organizing a special Aerobics Fitness Session on Saturday, May 31, 2025 at the Lagoon Front of the Eko Atlantic City.

The session is open to all bankers and marketing communication professionals within the industry and will feature a lineup of fun and energizing activities aimed at boosting physical and mental wellbeing.

With stress levels and burnout on the rise in high-pressure sectors like banking, ACAMB is taking, as it has done over the years, proactive steps to encourage lifestyle habits that support overall wellness and productivity.

Participants will begin the morning with a body warm-up and short walk to get their energy flowing, followed by an exciting dance aerobics session designed to elevate heart rates and lift spirits.

The day will continue with interactive fitness games that promote movement and team bonding, and will wrap up with a friendly but motivating fitness challenge to inspire healthy competition and personal bests.

“Bankers are vital to the financial ecosystem, and their wellness must be a priority,” said Rasheed Bolarinwa, President of ACAMB.

“This aerobics session is a powerful way to foster a culture of health, team bonding, and preventive care. It reflects our belief as ExCO that a strong mind and body, are essential for long-term professional excellence.”

The session is expected to kick off early in the morning to take advantage of the fresh morning air, allowing participants to start their weekend with energy, movement, and connection. It also presents an opportunity to unwind and build camaraderie amongst colleagues outside the traditional office setting.

This initiative is one of several wellness-focused programms ACAMB is rolling out to reinforce the importance of employee wellbeing in corporate and marketing communication and the broader banking ecosystem.

The Association of Corporate Affairs Managers of Banks (ACAMB) is the recognized professional association for marketing communications and public affairs executives in Nigeria’s banking industry.

ACAMB drives ethical communication standards, promotes internal and external stakeholder engagement, and supports member banks in advancing reputation, trust, employee growth and wellbeing.


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