Kenya is set to explore various opportunities presented by blockchain technology and adopting this in various service delivery platforms, when it hosts the World Blockchain Summit in Nairobi.
The event, which organized by the global business event manager Trescon, will draw various participants mainly from private sector but with a strong delegation from Kenyan government and its agencies. The event will take place on the 22nd and 23rd of March 2018 and is supported by the Kenya National Chamber of Commerce and Industry(KNCCI).
The event will feature product showcase and presentations by global technology innovators and emerging startups from all over the world who are showcasing their offerings in the blockchain and distributed ledger technology space.
Blockchain technology is a relatively new approach whereby companies and governments are using disruptive technologies to collect, store and utilize data for trade and exchange through use of series of computers remotely connected commonly known as blocks.
Kenya has taken up positively the idea of harnessing opportunities that would come from blockchain technology as well as developing regulations to the technology by forming a taskforce on Artificial Intelligence and Blockchain led by former ICT ministry chief officer Bitange Ndemo.
The nation’s public health sector is in the process of installing and implementing a platform, working on blockchain technology, into all of its public hospitals. It will be used as a hub where sensitive healthcare information can be accessed at any point, easing out the filing processes and delays in the healthcare industry.
The National Transport and Safety Authority (NTSA) of Kenya has adopted a blockchain technology platform that will seamlessly link their revenue agency and their transport authority and in real-time, intimate the authorities on a driver’s license, registration and status of insurance.
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The summit will also shed light on cyptocurrency and its systematic advantages and possible disadvantages that could arise from negligence and ignorance. The market cap of bitcoin has reached 9 billion USD, but governments are still shy’s away from taking a definitive stance.
The main highlight of the event is the illustrious panel of speakers, whom will be taking the stage to explain the industrial viability and feasibility of blockchain technology. Speakers like Fernando Wangila Deputy Director of the National Transport and Safety Authority (NTSA), Jack Shaw, Executive Director, of the American Blockchain Council, Richard Kastelein, Founder, Blockchain News and Cryptoassets, Michael Kimani, Chairman of the Blockchain Association of Kenya and Kasirim Nwuke, Chief of New Technologies and Innovation at United Nations Economic Commission for Africa.
Mohammed Saleem, CEO of Trescon, has said that “Blockchain technology has established itself as the future financial and operational module for businesses. The ledger based technology is here to disrupt age old management techniques and introduce an era of transparency and smooth functioning.”
Another key highlight will be the Pitch Competition whereby emerging blockchain startups from all over the world will introduce their solutions by delivering a 6-minute elevator pitch and compete to win the best Blockchain technology idea. Best ideas are selected by our investor’s panel who specializes in helping entrepreneurs to expand their businesses globally.
Also read https://nairobi.worldblockchainsummit.com/#_home