How Python is used in Cryptocurrency

How Python is used in Cryptocurrency

Cryptocurrency is something that most people are familiar with. If you are not, then it is a form of digital currency that’s used primarily for investment purposes. However, there are other sides outside of investment, like gambling, and even buying one’s groceries. Countries all around the world are starting to regulate it and are encouraging stores of all kinds to accept it as a form of payment.

Python, a programming language, is one of the most used programming languages in the cryptosphere. This article will explore  Python, explaining what it is, how it’s used for crypto, as well as why you should be using it for your projects.

What Is Python?

Python is a computer programming language, used for many different things. Its most popular uses are to build websites and to test software, though. It is without a doubt one of the world’s leading programming languages. You could even go as far as to say that it is the most popular. Ordinary crypto users have no use for Python. It’s only ever used by people who’re building cryptocurrencies or creating their own platforms. It is, therefore, not something the average trader needs to know much about.

How Is It Used?

Python is most commonly used to create cryptocurrencies. Many major cryptos were made using the Python language. It can of course also be used to build platforms and sites, like gambling sites. Most of the web’s BNB gambling sites (BNB being one of the major cryptocurrencies) use Python. The same is also true for Bitcoin, Ethereum, and XRP sites. However, if you plan on making your own currency using Python, then you are going to need a lot of experience. It’s not easy making a cryptocurrency, or a site for that matter. There are a number of courses you can take on Python specific to crypto development.

Algorithmic Trading

Another use of Python in the cryptosphere is the creation of algorithmic trading bots. If you are somebody who’s interested in trading crypto but does not have the time to manage investments personally, then the creation of an algorithmic trading bot is something that’s worth considering. Most algorithmic trading bots are made using Python. The creation of an algorithmic trading bot will mean that you do not have to manage your investments yourself. That said, it’s still a good idea to set stop loss and take profit, just in case your bot malfunctions.

Trading Crypto

Deviating from this post’s topic for a moment, it’s important to briefly discuss crypto. If you plan on using Python to create bots (or your own currencies) then you will no doubt be handling crypto. You need to manage crypto carefully. Unfortunately, crypto has cost a lot of people a lot of money. Not carefully managing your investments could lead to you bankrupting yourself. There are various courses available online, that you can use to learn how to trade. Taking a course before getting involved with crypto is something that most experts recommend.

a computer screen shwing python lines of code
Photo by Chris Ried on Unsplash

Benefits of Using Python

Easy to Use

While Python is a high-level programming language, it’s still easy to learn. This is because Python has an English-like syntax. Learning to use Python is pretty straightforward. All you have to do is take a course in it online or read guides. Taking a course is probably the better option because you will receive instructions from somebody who’s experienced in the language. Before taking a course, research the person leading it. Ensure they are qualified, experienced, and know what they are talking about.

Python is Free

You do not have to pay anything to use Python. However, you might have to pay to sign up for a course. If you are on a budget, then it is without a doubt one of the best programming languages for you to learn. Something else worth noting is that because it’s free, it means that you will have more money to set aside and use for crypto. With Python, everything can be built from scratch. Bear in mind you will have to pay for things like website hosting and domain names if you are going to use it to create websites. Those things are not free.

Huge Library

Python’s standard library is huge. In it, you can find more or less any function that you could ever need. If you are trying to make crypto, then you will be able to find many functions there that can be of use to you.

Python is a popular programming language, and it’s not hard to see why. If you want to use it to make a cryptocurrency, create a platform, or design an algorithmic trading bot, then consider the points outlined here, and take some time to master Python first.

Featured image: Photo by Hitesh Choudhary on Unsplash

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Microsoft and African Development Bank boost Nigerian women in ICT with All-Female Coding for Employment cohort

Microsoft and African Development Bank boost Nigerian women in ICT with All-Female Coding for Employment cohort

In July 2018 Microsoft, Facebook and The Rockefeller Foundation partnered with the African Development Bank to announce Coding for Employment. An initiative seeking to bridge the digital skills divide among African youths.

To kick start the program and to celebrate women’s month Microsoft and the African Development Bank(AfDB) have started a month long all-female ICT and digital skills bootcamp on two campuses(Centres of Excellence) in Nigeria. Gombe State University and Covenant University located in Gombe and Ogun States respectively.

The all-female cohort of the Coding for Employment Program is to increase the number of female coders, accelerate gender equality and empowerment for women and girls in the digital era“.
The program “aspires that the all-female cohort will spark an interest in more girls and young women to pursue STEM. That’s encourage them to pursue realizations in STEM related fields“.

The ADB says “the programme acts as an entry point for young female participants who are keen to find jobs within the growing ICT sector. At the end of the course, participants may continue to a more advanced level or simply use their new skills to enhance their job searches.”

AfDB program Task Manager Coding For Employment, Uyoyo Edosio spoke at the launch of the pilot scheme at the Covenant University. She said “In the next 10 years, AfDB will be working at increasing ICT Centres of Excellence in the continent. Creating over 1.9 million jobs. We are building a whole value chain from this launch”

160 young women have ben selected to participate in the month-long all-female coding class in Nigeria.

The partnership between Microsoft and the African Development Bank will continue to focus on increasing the participation of underserved youth and women while equipping youth across Africa with the skills needed to fill jobs now and in the future,” – Ghada Khalifa, Director of Philanthropies for the Middle East and Africa

Under the program so far Microsoft and the AfDB have trained 555 participants in a 3 day Hour of Code campaign. Microsoft has also trained 80 instructors in Nigeria and 60 in Kenya to deliver the basic ICT skills material. The Afbd will be launching an aggregated online training and talent portal with content from LinkedIn Learning.

The coding for employment program, still on a pilot scheme will be rolled out at 14 centres of excellence across Nigeria, Kenya, Rwanda, Ivory Coast and Senegal.

?: Covenant University

Young Female Coders Make What is Next

Young Female Coders Make What is Next

Young Female Coders from Ghana, other African nations and the Middle East share their experiences on coding and how they are making what is next.

Female Coders
In the video below 12 ladies share what’s it’s been like for them in a field mostly associated with the masculine gender. Selasi Gborgla and Nana Akosua Attuah from Ghana also speak on the subject.

A study suggest;

Computer code written by women has a higher approval rating than that written by men – but only if their gender is not identifiable, new research suggests. BBC Technology

 

Microsoft is committed to supporting many young girls, until “a coder” is not “a he” anymore.

 

 

 

Source: Microsoft

The Airtel Microsoft Ghana DigiGirlz Day

The Airtel Microsoft Ghana DigiGirlz Day

DigiGirlz is a Microsoft YouthSpark program which gives middle and high school girls opportunities to learn about careers in technology, connect with Microsoft employees, and participate in hands-on computer and technology workshops.

digigirlz ghana

Microsoft Ghana partnered with Airtel Ghana through it’s Evolve with STEM initiative for the first Ghana edition of DigiGirlz day.

DigiGirlz day took place at the iSpace Hub in Labone and had about 60 girls participating in the program. The program brought in to mentor the girls, Lucy Quist; Managing Director of Airtel Ghana, Elizabeth Patterson; founder and director of Girls Education Initiative of Ghana, Anita Erskine; founder of Brand Woman Africa, a media entrepreneur, TV & Radio host, Anne Amuzu; co founder Nandi Mobile, Larissa Bowen-Dodoo; founder of Levers in Heels, Florence Toffa; Director of Mobile Web Ghana and founder of Fime Project and others.

These mentors shared inspiring personal stories that’ll bring belief, empower and challenge the young future leaders to go into the technology industry. There was also an Hour of Code session where participants were taught how to code in HTML. The break out sessions dealt with topics like Effective and safer internet usage, Scams and email messages, Why STEM is important,

Derek Appiah Microsoft country manager about the program said;

Microsoft is committed to encouraging more women to join the ICT industry and we are inviting Ghanaian high school girls to discover the opportunities that exist for them in our industry. We want to demystify any belief that STEM is for boys so as to ensure that they make the right education choices now for the bright future that they deserve

Airtel Ghana’s managing director Lucy Quist said;

It’s been an exciting time spent with all the participants of DigiGirlz today. I am encouraged by their curiosity, passion and determination throughout the session.
Science, Technology, Engineering and Mathematics (STEM) is an enabler for creativity and problem solving in young people which is why we launched the Evolve with STEM initiative to inspire belief, empower and transform mindsets of young people towards STEM.
We are proud to be associated with DigiGirlz, which aligns with Evolve with STEM. It is great to see organizations like Microsoft, a technology giant, support initiatives to empower young people through STEM

Source Airtel Ghana, Myjoyonline,