NEAR Foundation, the Swiss non-profit that oversees the governance and development of the NEAR protocol, has launched a regional hub in Kenya dedicated to blockchain innovation.
The new hub has been launched in partnership with blockchain community Sankore and will also lead blockchain education and talent development throughout the African continent.
Kenya ranked fifth in last year’s Global Crypto Adoption Index, and Kenyans are already directly trading cryptocurrencies with each other more than elsewhere in the world. Besides expanding throughout Nairobi, NEAR is also reaching lesser-known cities in Kenya where no other Layer 1 blockchain has an established presence as yet.
The hub will be led by Kevin Imani, the founder of Sankore.
“We are thrilled to be working with NEAR to educate and nurture talented individuals to become world-class blockchain developers,” said Kevin Imani, who will lead the NEAR hub in Kenya. “Our dream is to lead the way in blockchain innovations in providing solutions to Africa’s biggest problems.”
The continent has been undergoing a rapid digital revolution over the past decade, and African countries have been adopting crypto quicker than their global counterparts. Cryptocurrency adoption in Africa increased 1200% from July 2020 to June 2021, the fastest adoption rate in the world.
“We are excited by the potential avenues throughout Africa for blockchain solutions, which come from innovation in development, education and talent,” said Marieke Flament, CEO of the NEAR Foundation. “This hub represents a unique opportunity to partner with local talent not only for the opportunities that we know exist today but also for the opportunities yet to be created in the future.”
Source: Kenyan Wall Street