The first time I started thinking about how blockchain solutions in the African continent would be a game-changer for economic growth, I did not know exactly what role I would play in this development. But I knew I wanted to be part of leading the way into this new era.
Recently, I was thrilled that the company I lead, Sankore, announced our launch of Kenya Regional Hub in partnership with NEAR Foundation, with the mission to accelerate blockchain innovation, education, and talent development across the African continent. This has been a long time coming and has been built up over time through grassroots efforts.
In the past, our Sankore-led NEAR Meets consistently boasted overwhelming attendance and have been popular hubs for locals gathering for blockchain and NEAR protocol education. While they were at first primarily about education, they immediately became a much-needed networking and idea exchange space.
After all, Web3 is spreading across the continent, and we need more local communities in which we can celebrate and build upon this. This change is being driven by people who know that embracing Web3 is already happening throughout the continent.
During the first two phases of the Internet, we can look back now and say that Africa largely missed out due to the lack of internet infrastructure and technical know-how to create value on the same level as those in the West and some parts of Asia. However, this time is very, very different.
Now, Africa has developed a widespread and growing internet infrastructure network, with 30% of sub-Saharan Africa connected. Africa’s cryptocurrency adoption has jumped 1,200% from July 2020 to June 2021, which is the quickest adoption rate in the world.
Continue reading: https://africa.businessinsider.com/local/leaders/why-the-time-is-right-for-web3-in-africa-oped/enserll
Recently, I was thrilled that the company I lead, Sankore, announced our launch of Kenya Regional Hub in partnership with NEAR Foundation, with the mission to accelerate blockchain innovation, education, and talent development across the African continent. This has been a long time coming and has been built up over time through grassroots efforts.
In the past, our Sankore-led NEAR Meets consistently boasted overwhelming attendance and have been popular hubs for locals gathering for blockchain and NEAR protocol education. While they were at first primarily about education, they immediately became a much-needed networking and idea exchange space.
After all, Web3 is spreading across the continent, and we need more local communities in which we can celebrate and build upon this. This change is being driven by people who know that embracing Web3 is already happening throughout the continent.
During the first two phases of the Internet, we can look back now and say that Africa largely missed out due to the lack of internet infrastructure and technical know-how to create value on the same level as those in the West and some parts of Asia. However, this time is very, very different.
Now, Africa has developed a widespread and growing internet infrastructure network, with 30% of sub-Saharan Africa connected. Africa’s cryptocurrency adoption has jumped 1,200% from July 2020 to June 2021, which is the quickest adoption rate in the world.
Continue reading: https://africa.businessinsider.com/local/leaders/why-the-time-is-right-for-web3-in-africa-oped/enserll
