President Of Uganda To Officiate The 2019 Africa Blockchain Conference
Yoweri Museveni, the President of Uganda, will officiate the 2019 Africa Blockchain Conference.
Per the report, The 2019 Africa Blockchain Conference will be held from July 3rd to July 4th, and the theme is ’Africa 4.0: Preparing Africa for the 4th Industrial Revolution.’ The conference topics will reportedly include fintech, payment systems, and the future of education. The conference should not to be confused with The Blockchain Africa Conference 2019 which occurred in April.
President Museveni reportedly supported the use of blockchain technology in Uganda during his inaugural speech. Museveni is said to have cited four economic areas that he believes should be supported by blockchain technology: agriculture, manufacturing and processing, services, and the ICT sector.
Blockchain tech firm CryptoSavannah will reportedly be one of the organizers for the 2019 conference. The company’s director, Noah Baalesanvu, commented on the maturation of cryptocurrencies in Africa, saying:
“While initially being marred by scams and cons, significant value has moved to cryptos with major markets like Nigeria, Kenya and South Africa with significant crypto holdings also trading activity.”
CryptoSavannah partnered with the cryptocurrency exchange Binance in 2018 to gain financial support for blockchain growth in Uganda. Binance CEO Changpeng Zhao claimed that his organization would create thousands of jobs in the country. He tweeted:
“binance will partner with @cryptosavannah @AggieKonde @HelenHaiyu to support Uganda’s economic transformation and youth employment through blockchain, embracing the 4th industrial revolution. We will do this by creating thousands of jobs and bringing investments to Uganda.”