The South African-based Blockchain Academy is to collaborate with the Satoshi Centre to drive bitcoin and blockchain education in the African nation of Botswana. According to an announcement from the Blockchain Academy, a two-day course, from the 1-2 May, 2017, will provide a detailed understanding…
The South African-based Blockchain Academy is to collaborate with the Satoshi Centre to drive bitcoin and blockchain education in the African nation of Botswana.
According to an announcement from the Blockchain Academy, a two-day course, from the 1-2 May, 2017, will provide a detailed understanding of what bitcoin is and its distributed ledger. Attendees will also learn how they can utilize the technology when it comes to constructing their own applications.
Sonya Kuhnel, managing director of the Blockchain Academy, said that there is a call for blockchain skills in South Africa with Botswana pegged to see an increase in demand too.
This is an extremely interesting space to be involved in and provides many opportunities for incumbents and individuals to experiment with this emerging and disruptive technology.
Earlier this month, a Blockchain Academy was launched in the south Indian state of Kerala where it will endeavor to research and provide consulting with blockchain technology. Along with providing training and education in South Africa and India, the Blockchain Academy, established in 2015, does so too in Zimbabwe with clients ranging from Barclays, legal firms and entrepreneurs.
The progress of blockchain in Africa is continuing at an accelerated pace as they become more embracive of the technology.
This can be seen through the African financial system, which is realizing the potentials it holds particularly when it comes to reducing the cost of banking transactions. The governor of the South African Reserve Bank also revealed that the bank was open to digital currencies and blockchain, with many speculating that of the African nations, blockchain will take off first in South Africa. While the global banking consortium led by R3 saw its first African member join ranks in Absa Bank, which is one of South Africa’s largest banks.
The blockchain expansion that Africa is experiencing is set to continue as more organizations embrace the technology for what it is known for: transparent and efficient that delivers an effective solution for many sectors.
Also popular in Africa is the use of the digital currency, bitcoin, which is helping to grow many cashless societies on the continent.
Only recently, BitPesa, a major bitcoin payments startup that was launched in Kenya in November 2013, raised $2.5 million in a Series A round of funding. Such an amount is expected to help the company’s growth with an emphasis in Nigeria, which is BitPesa’s largest market.
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Last modified: January 26, 2020 12:09 AM UTC