Africa Blockchain Institute organizes ’DEMO DAY’ to create vibrant startup community

On 11 May 2021 at 09:26

The Africa Blockchain Institute is set to hold the DEMO Day for the initial cohort of MADE IN RWANDA - Africa Blockchain Incubation Program, happening on Thursday May 20th, 2021, by 5PM.

MADE IN RWANDA - Africa Blockchain Incubation Program is an initiative of Africa Blockchain Institute, with the aim of grooming the African Blockchain StartUps.

Starting with Rwanda with the theme “MADE IN RWANDA,” to spark creativity and ideas implementation around Distributed Ledger Technologies, currently missing or insufficiently present in the Local Innovation and Entrepreneurship Landscape.

The Africa Blockchain Institute initiated the Africa Blockchain Incubation Program in order to accelerate Blockchain growth continental wide, there by extending our impact to more young innovators, and entrepreneurs willing to jointly build distributed technologies-based ventures.

Since February 2021, the institution has been working closely with four (4) Businesses, by integrating Blockchain Technology into their operations.

First is a company focusing on Digital Identity, helping organizations to manage the registry of visitors in the wake of the pandemic. Secondly, another company is focusing on supply chain, where they can be able to monitor the export trade of the agricultural product, to other countries and continents.

There is also a company focusing on e-Commerce, rejuvenating the sector with interesting offers, and offering customers diverse payment options. Lastly, is the Smart Agric Project, which aims to increase productivity of vegetables through an embedded irrigation system.

This is first of its kind, as there has not been home grown Blockchain Businesses in Rwanda prior to date.

The Incubation Program is sponsored by MakerDAO Foundation.

Different partners involved in the program’s success include the Ministry of ICT & Innovation, Rwanda Information Society Authority, Black Women Blockchain Council, Tech London Blockchain Advocates, Pan African Tech Foundation, and Rwanda Blockchain Association.

According to Africa Blockchain Institute, the DEMO Day will conclude the program by providing these startups the opportunity to pitch their business to investors, experts, and the Blockchain community.

“We hope that by showcasing what our amazing entrepreneurs have achieved in a few short months, will encourage other exceptional individuals to take the plunge and launch their own Blockchain business too, creating a stronger, more vibrant decentralize industry and startup community,” said Kayode Babarinde, the Executive Director of Africa Blockchain Institute.

“We hope our Demo Day encourages other ambitious entrepreneurs bursting with ideas to launch and grow global businesses that will go on to create more jobs, boost the economy, strengthen global connections, and put Rwanda on the map as a country of booming innovation and startup success. While this event is all about the founders, we have invited an incredible speakers, and panelists, to join us, in celebrating this moment with great insights on Blockchain Investments in Rwanda,” he added.

Individuals can register to join the DEMO Day through the following link: http://bit.ly/abipdemoday

Since February 2021, the institution has been working closely with four (4) Businesses, by integrating Blockchain Technology into their operations.