Last week saw the inaugural Africa Blockchain conference take place at Kampala Serena Hotel. About 750 people from 23 different countries attended the conference according to statistics provided by the organizers the Blockchain Association of Uganda.
Ugandan President opened the conference by displaying excellent understanding of the blockchain operation particularly consensus and trust elements of the blockchain. He also touched on peer to peer crypto currency operations provided a trip down memory line on the history of money and how it has evolved. He states that this new technology is inevitable and the best thing to do is to embrace it. His speech coming immediatelly after the Uganda Central Bank Governor had dismissed Cryptocurrencies as potential haven for illicit transactions which had dampened the mood at the conference hall.
LESSONS LEARNT
Africa is definitely on the move and it is ready for this new technology. This is going by the number of pitches done and use case presentations done with various Fin techs showcasing their projects both completed and others on the pipeline.
African Leaders are heavily involved in this technology with potential to provide openness in terms of Financial, Supply Chain and Government Tendering process.
WHAT TO EXPECT
We expect a lot of block chain solutions to come up in the African continent particularly in East Africa where Kenya leads in Innovations and new technology.
More Fin techs are also expected to set up base to take advantage of the new found political/Government good will.
#Binance is expected to play a huge roll in a ll this
Additional
Sample some of the events photos
https://photos.google.com/u/1/photo/AF1QipPrQ4ku7_eaGhPvrJxzDYAursthSNvqV9QYZwk_
https://photos.google.com/u/1/photo/AF1QipOrClLWLj68e8UbI8Q7bCtQlxpBnNeLIMsz9uEM
https://photos.google.com/u/1/photo/AF1QipM6coQX7pdwhYF6n1OPyvzGRxNbGn-rHl4kmYUE
https://photos.google.com/u/1/photo/AF1QipPn8kdHB8x_u1ASbe_BYgu4xr-7dCbXHCh9laBE
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