Jelurida will launch 30-day blockchain education campaign across East Africa

Jelurida will launch 30-day blockchain education campaign across East Africa

The African arm of the company behind the Ignis, Nxt and Ardor blockchains will be launching a multi-country tour to provide blockchain education in the public and private sectors.

According to information provided to Cointelegraph, Jelurida Africa said it would begin a blockchain expedition starting with Tanzania’s self-governing state of Zanzibar on Oct. 23 before continuing on to Kenya, Rwanda, Uganda, Zambia, Malawi, Mozambique, Zimbabwe, and Tanzania. The group aims to promote blockchain education with meetups in universities, financial institutions and public offices. The team of distributed ledger technology and smart contract experts said it plans to reach out to local lawmakers and private firms as well as developers and blockchain enthusiasts in the respective countries as part of the tour.

Our top trading bots

“If you look at our relationship within the country or even outside the country you realize there is a need for trust before we can easily scale before we can easily improve on our dealings with our neighbors so there is need for trust, there is need for the immutability of data,” said Jelurida Africa managing director Adedayo Adebajo in a Tuesday interview with KUTV Kenya.

Adebajo added:

“When it comes to deploying solutions on the blockchain, it becomes easy for anybody to trust you even without knowing you because they have your digital identity and they can verify your previous transactions without having to rely on total party participation.”

Some of the countries along Jelurida Africa’s planned route have a mixed relationship with regulating crypto and blockchain. The Bank of Tanzania has banned cryptocurrencies since 2019, but in June, President Samia Suluhu Hassan called for the central bank to not be “caught unprepared” when dealing with innovative financial technology.

Despite disapproval from many African governments and central banks, crypto usage in the region has continued to grow. Digital analytics firm Chainalysis reported in September that the cryptocurrency market in Africa has grown by more than 1,200% since 2020. In particular, P2P transactions provide a quicker and cheaper way for many crypto users in Africa to pay for international commercial transactions.

Related: Federal High Court of Nigeria approves eNaira CBDC rollout

Other drivers for crypto adoption in the region may include remittances as a means to get around governments that limit the amount of money that people can send abroad. Some nations in Africa have also considered developing central bank digital currencies, with the central banks in Nigeria and Ghana announcing their CBDC plans earlier this year.

Read on here Cointelegraph
Crypto and pension funds: Like oil and water, or maybe not?
There are good reasons why pension funds should not invest in the crypto and blockchain space. The industry is too new, too volatile, and stultifyingly...
Bitcoin is 'playing mind games' as its price coils into a tighter range
The general mood across the cryptocurrency market is one of anticipation on Sept. 17 as the price of Bitcoin has traded in an increasingly tighter range...
Former chief of Russia's Wex crypto exchange arrested in Poland
BBC Russia has reported that Dmitry Vasiliev, the former chief of Russian cryptocurrency exchange Wex, has been arrested in Warsaw, Poland.Wex, which was...
Crypto, Congress and the Commission: What’s next for the ‘Wild West’?
The entire cryptocurrency industry is waking up to a new reality. Politicians and regulators have decided to wade into the space, which had flown mainly...
Budweiser uses $120K to purchase 'fan art' NFT and Beer.eth domain
Budweiser, a subsidiary of Anheuser-Busch InBev, appears to have unofficially sanctioned a piece of nonfungible token, or NFT, art after purchasing it for...
SushiSwap CTO reveals why the project isn't scaling on Optimism anytime soon
The chief technology officer of the SushiSwap decentralized exchange has revealed why the protocol is no longer keen to scale using layer two solutions...
Bitcoin Tops $46,000 as Bulls Eye Positive Progress on Crypto Tax Bill
By Yasin EbrahimInvesting.com – Bitcoin surged to top $46,000 Monday, as crypto investors cheered news that U.S. lawmakers have reached a compromise on...
As NFT market cools, a chance to learn lessons from its explosive growth
What a difference three months makes. Back in March, there was a jubilant atmosphere when Beeple’s mega nonfungible token sold for $69.3 million. You didn’t...
Ark Investment tips $20M into Grayscale Ethereum Trust
Cathie Wood's Ark Investment has reported holdings of 639,069 shares in Grayscale's Ethereum Trust for Q1 — currently worth around $20.9 million at today’s...
Nuvei eyeing $250M acquisition of crypto startup Simplex
Canadian payments giant Nuvei is reportedly in talks to acquire Simplex, an Israeli cryptocurrency startup, for up to $250 million — sending a strong signal...
Is Theta worth the hype? Theta price volatile ahead of mainnet launch
There’s no denying the fact that Theta is one of the most discussed cryptocurrency projects on the market in 2021, so much so that the Theta token has already...
Total crypto market capitalization posts new all-time high above $1.9T
Amid another bullish trend on cryptocurrency markets, total crypto market capitalization has broken a new historical record just unde $2 trillion.The market...
NY Governor Cuomo launches blockchain-powered vaccination passports
New York Governor Andrew Cuomo announced the launch of the city's blockchain-powered “Excelsior Pass” vaccination passport on March 26.The passport is issued...
Coinbase Acquires Crypto Portal Earn And Hires A Key Exec
Cyber money trading venue Coinbase brings on Balaji Srinivasan as the first-to-be CTO on par with acquiring portal Earn.com, which was founded and has...
Russia Puts Off Cryptoruble’s Issuance Till 2019, Belarus to Adopt Bitcoin Soon
Eastern Europe is aspired to march into the world of cryptocurrency. Recently Ukraine informed about its plans to regulate cyber money in the country...