Fernando Wangila urged the need to mainstream blockchain technology at Africa’s biggest blockchain summit.

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Fernando Wangila urged the need to mainstream blockchain technology at Africa’s biggest blockchain summit.

Trescon’s World Blockchain Summit housed key industry and government experts from Africa, to successfully conclude day two of the summit. 

Nairobi, 23rd March 2018: Following the celebration and fanfare from day one at the World Blockchain Summit, it stomped ahead with much more keenness and indulgence into day two at The Laico Regency Hotel in Nairobi, Kenya. Mohammed Saleem, CEO of Trescon, laid the foundation with his welcome address, pouring out the success and appraisal on the previous day of the summit received.

The summit then put forth its next renowned keynote speaker. Fernando Wangila, Deputy Director (Head of ICT and Innovation), National Transport and Safety Authority for Kenya, clarified his involvement and judgement on how blockchain is helping to adopt change in government services and how it will improve overall road safety by enabling the government to track vehicle registration and ownership.

The summit then proceeded further ahead with a technical presentation by Muhammad Arafath, Executive Director of Apla blockchain. He stated that “Blockchain technology leads to business automation which will lead to focus on revenue process rather than bureaucracy which will lead to increase of the country’s GDP.” He further added that “Never in living memory did we he have the potential of converting legal legislation into codes, that would govern a technological ecosystem.”

Intriguing the audience with his magnetic presence, Jeff Berwick, Chief Editor of The Dollar Vigilante, Liberland, took the floor as a chairperson for his keynote address at the summit.

In a thought=provoking panel discussion, Daniel Nyairo, Freelance Blockchain Copywriter and Content Marketer for The CopyWiz, Kenya, questioned the panel about the employment opportunities in the ICT and blockchain sector in Africa. To which, Fernando Wangila optimistically responds, “Human skill is the flourishing factor in any sector. Not only in Kenya, but Africa accommodate a lot of skilled workers in the ICT sector, but the government’s reluctance to regulate cryptocurrencies in the continent has crunched the opportunities that any skilled worker in ICT would receive. An individual’s skill is restricted to one organisation only and beyond the organisation is a restart to learning a skill. Revising, regulating and mainstreaming the blockchain technology, would definitely attract a lot of employment in the ICT sector.” Developing a conversation around Information and Communications technology by discussing about its future in Africa, expert panellists like John Walubengo, Lecturer at Multimedia University of Kenya, and John Karanja, Founder and Consulting Lead at BitHub Africa, spoke about the success and failure of ICT infrastructure deployment and whether or not firms will focus on core blockchain and ledger based technologies rather than on their applications pertaining only to cryptocurrencies.

A featured presentation about FinTech’s future in Africa and Promise of FinTech in Africa was well expounded by Dickson Nsofor, CEO, and Co-Founder of KORA. He declared “About 2.5 billion people across the world do not have access to funds as they have no bank accounts. Blockchain comes with a promise to undo this great injustice.”

The next international use case segment, Alakanani Itireleng, CEO and Founder, Satoshicentre Blockchain Hub, Botswana gave his expert opinion on the analysis of his case study which ponders around the future of blockchain in Africa.

Jotting down his familiarity in the innovation and technology sector, joint business ventures, start-ups, business opportunities, partnerships, trade and investment opportunities, Kiprono Kittony, National Chairman of the Kenya National Chamber of Commerce & Industry (KNCCI) exceptionally delivered his keynote speech after a quick break.

Tunji Durodola, Technical Consultant/Systems Integrator for the National Identity Management Commission, Nigeria, imparted his accomplished knowledge to the audience in his international use case study presentation.

The first half then paused for everyone to gather at the banquet for a luncheon.

Developing a comprehension around the how blockchain will work as a digital disruption enabler in the African context, Timothy Oriedo, Chief Data Scientist of Strathmore University, Kenya, presented his insightful presentation at the summit and made his presence felt by the audience.

The unveiling of the block-chat conversation to exchange views on achieving consensus within an organization for adopting and implementing blockchain in the industry was a session stormed between George Mosomi of Capitally Blockchain, UK; Juliana Mwangi, Blockchain Entrepreneur; Blockchain Researcher at SecureSys Limited, Nairobi; Damaris Macharia, Blockchain Entrepreneur at SecureSys Technologies, Nairobi; Rosemary Okello Orlale, Director, Africa Media Hub – Strathmore Business School, Kenya; Caroline Macharia, Blockchain Scholar and Developer, Kenya; Sarah Gachugi Cryptocurrency Entrepreneur and Enthusiast, CryptoCom Limited, Kenya. The panel was moderated by Jordon Booth, Associate, Fenox Venture Capital & Representative, Startup World Cup, USA.

The pinnacle of the summit was the Startup World Cup Pitch Competition Regional Finale by Fenox Ventures. A global competition that brings together the top startups, VCs, entrepreneurs and world-class tech CEOs. Startups working in the blockchain space had an opportunity of winning the regional cup of the Startup World Cup with free flight tickets to San Francisco to compete with 16 other contestants to win US$1 million Grand Prize. KWHCoin were finally adjudged the winners of the competition. The closing remarks of the summit were concluded by Jeff Berwick.

Both the days of the summit saw phenomenal success and held the attention of the audience who are now aware of the blockchain technology and the perks that come with it. World Blockchain Summit at Nairobi proved to be a grand success among the delegates who look forward to the next edition of the same in Moscow.

Sponsors and partners included Bankorus, Messenger Bank, Apla, NKD Technologies, Acorn Collective, Finterra, æternity, Property2Chain, ETHLend, KWH Coin, Unibright, Prover, Etherty, Bank4YOU Group, RightMesh, Cellulant, Dicra.io, Nairobi Securities Exchange, Kenya National Chamber of Commerce and Industry, Blockchain Association of Kenya, Incubate Africa, BitHub.Africa, Point50 Capital, Aphaea Capital and International Business Times.

For more information about the summit, visit www.worldblockchainsummit.com

About Trescon:

Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base. Trescon is founded and managed by a group of specialists with more than 6 decades of combined expertise in successfully developing business events, training programmes and consulting for corporates, governments, associations and high-net-worth individuals across the world.

Contact:

Nikita Prasad
Senior PR and Marketing Manager
[email protected]
Phone: 0091 9108217117

www.tresconglobal.com

 

 

 

 

By | 2018-03-26T19:12:05+00:00 March 26th, 2018|Articles|0 Comments

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