Kenya Partners with Abu Dhabi's Venom Foundation to Build Blockchain Web3 Hub
Blockchain technology has been rapidly gaining popularity all over the world, and Kenya is no exception. The country has partnered with Abu Dhabi's Venom Foundation to build a blockchain Web3 hub that will allow for the creation of decentralized applications and smart contracts.
Blockchain's Impact in Kenya
M-Pesa, a mobile-based financial service that uses blockchain technology, has transformed the Kenyan economy by making financial transactions more accessible and affordable to the general public.
The Kenyan government has been exploring blockchain's potential in various sectors, such as land registration, healthcare, and agriculture.
The BitPesa platform, which uses blockchain technology to facilitate cross-border payments, has been helping Kenyan businesses to expand their operations internationally.
The partnership between Kenya and Abu Dhabi's Venom Foundation will bring more advanced blockchain technology to the country, opening up new possibilities for innovation and economic growth.
Akash Mittal Tech Article
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