The Blockchain Association of Kenya (BAK) and Techno Brain, a leading IT solutions provider in Africa, have signed a Memorandum of Understanding (MoU) to help promote professional standards in blockchain and promote the development of a regulatory framework in regards to emerging technologies.
The MoU lists mutual obligations between the two parties that include the following:
- Both institutions to educate and promote blockchain and emerging technologies
- Undertake regular working meetings and groups
- Foster cooperation with governments, regulators, and organizations for a facilitative regulatory and business environment
Techno Brain is Africa’s leading IT solutions, education, and training services provider operating in over 20 African countries. The company offers solutions across a wide range of industries and currently focused on emerging technologies like Big Data, Artificial Intelligence, and Blockchain technology.
Speaking on the new partnership with BAK, Anand Mohan, Digital Managing Director, Techno Brain, said:
“We believe this partnership will be instrumental in developing capacity, drive adoption and implement industry solutions using blockchain technology in Africa.”
Roselyne Gicira, chairperson, BAK said:
“We are happy to partner with leaders and innovators who are prepared for future technologies. The association seeks to provide strategic linkages to companies in this field especially in product and business development. TechnoBrain has an extended expertise in this field and the benefits of this collaboration look very promising.”
Not too long ago, the Kenya Blockchain Association, which was recently re-structured with a new board and chairperson, partnered with the Blockchain Association of Ukraine for knowledge sharing across a broad range of areas including education, research, training & development of Blockchain technology for their member associations.
The association has also recently partnered with the Lawyers Hub Kenya where the hub would grant support the partnership with legal and policy capacity, while the Blockchain Association of Kenya will bring on board training and technical capacity.
The blockchain space in Kenya is growing rapidly. The recent launch of the Kenya Blockchain Taskforce Report is a sign that the country is at the forefront in adopting this technology and setting the adoption pace on the African content.
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