In a landmark collaboration, HonMoses_Kuria and the VenomFoundation are set to create a blockchain hub in Africa
signifies Kenya's stance towards next-gen technology, financial and technological developments, and will catalyze further innovations in various industries, benefitting people both nationally and globally.In a recent tweet, the Kenyan government expressed its commitment to positioning Kenya at the center of Africa and the global digital map, attracting global tech companies to tap into Kenya's exceptional tech talent.
Africa's commitment to adopting Web3 and blockchain technologies is exemplified by the Venom Foundation's expansion on the continent. The foundation seeks to empower African communities by bridging the gap between traditional finance and trade and the Web3 world, promoting regional economic growth through seamless cross-border trade and transactions.
The blockchain hub will serve as a central platform for establishing partnerships with innovative firms, facilitating knowledge exchange, networking and collaboration among key stakeholders in the blockchain space, including projects, entrepreneurs and government officials based in Africa. Venom will provide vital tools and resources to support African countries in laying a solid foundation for digital transformation. This will encompass blockchain-based solutions for supply chain management, land registry, voting systems, asset tokenization and other sectors where blockchain technology can make a substantial impact. The partnership aims to enhance transparency, efficiency and trust across various industries throughout the continent.
Venom Foundation is an ADGM-licensed organization that accelerates the growth of global Web3 projects. The decentralized network operates under the jurisdiction of the Abu Dhabi Global Market , making Venom the world's first compliant blockchain, granting authorities and enterprises the freedom to build, innovate and scale.
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