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President of Uganda to Lead African Blockchain Conference


President of Uganda to Lead African Blockchain Conference

According to a news report published in local media, President of Uganda, Yoweri Museveni, shall be the chief guest at the upcoming Africa Blockchain Conference.

The following was confirmed in a statement released by State House press secretary Linda Nabusayi to the journalists. The statement revealed that Mr. Museveni would be playing host to HE President Julius Maasa Bio of Sierra Leone, and the two shall together address the media.

The conference shall be held between 3 and 4 July, carrying the theme Africa 4.0: Preparing Africa for the 4th Industrial Revolution. It is reported that the topics for discussion in the conference include issues related to fintech, payment system, SDGs, and educational goals for the future.

‘Ready for a Digital Age’

President Museveni is a supporter of blockchain technology. He has been reported saying that Africa is ‘ready for a digital age’ and that the blockchain technology ‘removes opaqueness in business and replaces it with total transparency.’

However, he maintained that instead of blockchain replacing goods and technology, it should ‘enable things to move faster through technology and systems.’ He further added that the technology should be capable of ‘supporting the four sectors in the economy that produce goods and services such as agriculture, manufacturing and processing industry, services sector and the ICT sector.’

The conference would also witness ‘Africa 4.0 Tech Expo’, which is devoted to showcasing Africa’s journey in the world of innovation and technology. Around 3,000 people would attend the conference including figures from both private and public sectors– students, innovators, and government representatives. It is a very significant time for the conduction of a blockchain conference as the world is witnessing a substantial change in the sector, with big-techs like Facebook entering it.

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I am a content writer with interests in life sciences and blockchain. I believe that blockchain has the potential to transform every aspect of human endeavor. I love surfing the internet, reading, learning new things, and trying new cuisines.


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