23.1 C
New York
May 24, 2024
Blockchain Technology

Blockchain Builders Association of Ghana raps political parties on the need to harness blockchain technology

Eric Annan is the founding father of Blockchain Builders Affiliation of Ghana (BBAG)

The Blockchain Builders Affiliation of Ghana (BBAG) has referred to as on political events and aspiring leaders to harness blockchain know-how in Ghana.

Based on the Affiliation, blockchain know-how, which is a complicated database mechanism that permits clear data sharing inside a enterprise community, holds the keys to unlocking international monetary instruments and enabling agile younger minds to create borderless values.

To this finish, they’ve advocated for steady dialogue with stakeholders in Ghana to foster a deeper understanding and provoke the formulation of important insurance policies, rules, and safeguards to spark fast innovation.

Talking in an interview, the founding father of BBAG, Eric Annan, opined that in a world propelled by innovation, daring to dream requires braveness, a state of affairs that underpinned the formation of the affiliation.

Mr. Annan hinted that BBAG is a registered affiliation aimed toward positioning Ghana as a pioneering hub for blockchain utilization, growth, and expertise cultivation to deal with human wants.

Based on him, although political discourse round blockchain know-how stays minimal within the Ghanaian media, it instructions important consideration in boards like the US Congress, media retailers, and the worldwide financial system.

Notably, Blackrock, the world’s largest fund supervisor, lately obtained a license to commerce Bitcoin, with others equivalent to Ethereum awaiting regulatory approvals.

He argued {that a} nation like Ghana should leapfrog and place itself as an early adopter, shaping the narrative and driving progress on this transformative area.

To him, this transformative know-how has empowered numerous Ghanaian youths to function neighborhood managers, podcast hosts, builders, content material writers, educators, merchants, ambassadors, and extra, enriching our society in immeasurable methods.

He has due to this fact appealed to the Ghanaian media to play a pivotal function in advancing constructive content material to teach society in regards to the significance and potential of blockchain know-how by fostering knowledgeable discussions and consciousness.

The BBAG founder is of the view that Africa stands to realize immensely from improvements equivalent to decentralized identities (DIDs), real-world asset tokenization (RWSTs), and decentralized bodily infrastructure networks (DePINs).

Mr. Annan talked about that to create an enabling atmosphere, keep at bay malicious actors, and foster radical change to profit the Ghanaian financial system, his outfit has aligned with different sister associations throughout Africa, the US, India, and past.

He said that the mission of BBAG is to spearhead coverage dialogue amongst stakeholders, regulators, customers, and protocol builders to dispel widespread misinformation on the relevance of blockchain past cryptocurrency.

He talked about different member communities and organizations, equivalent to Sovereign Frontier, Ayahq, and Cryptority, which have demonstrated measurable success in advancing blockchain know-how in Ghana.

The BBAG boss due to this fact referred to as on all stakeholders for an open engagement to share information and insights to reach at a completely degree taking part in area and construct a collaborative community of innovators, educators, coverage framers, and creators to drive constructive change and progress in Ghana’s blockchain ecosystem.

Relying on some success chalked just below seven months after the formation of the affiliation, he hinted that over 100 younger minds have been outfitted with blockchain expertise by intensive boot camps.

Others embrace the internet hosting of three impactful occasions in collaboration with international companions, together with the Ethereum Basis, Base Decentralized Developer Meetup, and Stellar Basis Ecosystem Meetup, all held in Accra.

The affiliation has additional prolonged its outreach efforts to Kwame Nkrumah College of Science and Know-how and Backyard Metropolis College School, that includes international infrastructure led by optimism.

Related posts

LBank Exchange Will List The Quantum Resistant Ledger (QRL) on March 1, 2024


Bitcoin’s Potential to Revolutionize Supply Chain Management


Alaya AI Unveils OPBNB: Revolutionizing Blockchain Experience


Leave a Comment