Algorand (ALGOUSD)

[waldo77]

Nigeria to Launch Major Crypto Initiative, IP Exchange Marketplace and Wallet, on Algorand in Partnership with Developing Africa Group and Koibanx
https://finance.yahoo.com/news/nigeria-launch-major-crypto-initiative-233000347.html

'...The Developing Africa Group has chosen Koibanx, with the Government's approval, as the tokenization and payments engine to be utilized in the country and the Algorand Blockchain the protocol to build on top of. ..'

'...All tokens will be launched on top of the Algorand Blockchain. "Algorand's protocol not only provides the performance, scalability, security and functionality required to implement such a large scale project but is also environment-friendly which is important for the Government and has a huge philosophical match with the `creators economy industry´ we're targeting here," stated Ben Oguntala, CEO of Developing Africa Group...'

https://developingafrica.net
'...Developing Africa Group is UK based Intellectual Property Rights (IPR) Commercialization organisation, dedicated to the using IPR as a means of developing Africa by creating jobs, trade services and enabling the much-needed development opportunities in Africa...'

'...It seeks to achieve this goal by cultivating an IPR development platform across various sectors that will enable ordinary Africans to discover their IPR, register it and be given access to the international market to commercially exploit their IPR....

'..."What the Developing Africa Group has achieved is truly amazing. The Nigerian IPR Wallet is probably the largest crypto project world-wide. When we took El Salvador´s challenge (Koibanx also managed Chivo´s Lightning Network implementation) we impacted the life of millions of citizens, after this experience we embarked on the Colombian government platform handling tens of millions…I believe this initiative could change the life of +50M people easily. Since we launched Koibanx back in 2015 we were convinced Blockchain tech and cryptocurrencies were the foundational building blocks for economic development in emerging markets, being able to have an active part in how is happening is definitely a privilege," commented Leo Elduayen, Koibanx´s CEO...'

https://www.koibanx.com
Koibanx is the leading and pioneering company in the provision of blockchain-based financial platforms and products for the Latin American financial system. It leads the technological revolution of the industry in the region, providing payment and asset tokenization services to the banking and financial sector in Argentina, Colombia, Mexico, El Salvador and Uruguay.