NGO Launches Regional Hub in Kenya to Lead Blockchain Innovation
Swiss non-profit, NEAR, has announced a partnership with local blockchain community, Sankore to launch a regional hub in Kenya dedicated to blockchain innovation, education, and talent development in Africa, Capital FM reports.
A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain, according to Euromoney. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain.
Comprised of events, an academy, an incubation program, and the Sankore Bounty ecosystem, the hub will be a promising intersection of Africa's most talented blockchain developers and international support for their innovations.
The continent has been undergoing a rapid digital revolution over the past decade, and African countries have been adopting cryptocurrency quicker than their global counterparts. Cryptocurrency adoption in Africa increased 1,200% from July 2020 to June 2021, the fastest adoption rate in the world.
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Kenya:
Swiss NGO Launches Regional Hub in Kenya to Lead Blockchain Innovation
Capital FM, 9 May 2022
A Swiss non-profit,NEAR, has announced a partnership with local blockchain community, Sankore to launch a regional hub in Kenya dedicated to blockchain innovation, education, and… Read more »
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Kenya:
Bitcoin Drives Number of Wealthy Young Kenyans Above Global Average
Capital FM, 2 March 2022
The level of young wealthy Kenyans is higher at 27 percent above the global average of 22 percent, Knight Frank's 2022 attitudes survey has revealed naming bitcoin technology among… Read more »
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Africa:
Crypto Expectations for Africa in 2022
InfoWire, 8 February 2022
As many people have witnessed was 2021 a year that will be remembered as the year whereby crypto reached it's all-time high price which led to a adoption of the crypto worldwide.… Read more »
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Kenya:
Kenya Needs to Grasp the Cryptocurrency Nettle - How a Digital Currency Could Help
The Conversation Africa, 2 December 2021
Kenya's central bank has been mulling the official use of a digital currency. More than 60 central banks have already entered the digital currency race since 2014. Read more »
InFocus
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Cryptocurrencies make headlines for shaking up the financial world, but they are also gaining ground in less developed countries. In Kenya, an American economist, who introduced ... Read more »
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A few companies have begun showcasing capabilities of a blockchain (a growing list of records, called blocks, that are linked together using cryptography) to various African ... Read more »
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