Africa is proving to be a fertile ground for everything blockchain and the 2018 Blockchain Summit will be held in the black continent. The summit which will be taking place in July will be held at Sir Richard Branson’s Kasbah Tamadot in Morocco. This is the fourth year the Blockchain Summit will be taking place. Usually, the summit holds at Branson’s private Necker Island. But due to the havoc wrecked by the hurricane Irma on the island the summit had to be moved to another location.
The Summit has been the birthplace of many blockchain partnerships even though it has been criticised for being a getaway resort for the rich and wealthy in crypto. One of such partnerships born out of the annual Blockchain Summit is the Blockchain alliance, a global partnership made up of 36 government agencies. Also, the Global Blockchain Business Council made up of members from 35 countries. was formed from the Blockchain Summit.
This year, the summit will be taking place in Africa and about 30 speakers are already lined up for the event. The event will also see prominent individuals such as Google’s co-founder, Sergey Brin.
This year, the conference will be shifting its focus to building and promoting blockchain businesses in Africa. Bill Tai, the founder of the conference believes that Africa holds a lot of potentials since its market is untapped. Tai explains, “The whole continent is a bit of an unknown to a lot of folks because they just don’t get much exposure to it… I think getting a lot of people together who are knowledgeable, with reach and a high profile, that collectively can form a view about what are the opportunities at hand that can both serve philanthropic and commercial interests.”
The Blockchain Summit will present Africa with a lot of opportunities. Tai, who happens to be the founder of ACTAI Global and also an early investor in the Bitfury Group has a number of projects that will be announced at the event. These projects are set up to help governments in Africa utilize the blockchain more efficiently. Tai reveals that he has a project meant to help the African government formalize land ownership and titles through tokenization and built on the blockchain. The project is named, ‘Barking Dog’.
What do you think about the 2018 Blockchain Summit holding in Morocco? Share your opinion with us in the comment section below.
Image credit: Pixabay,
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