Near Foundation joined forces with the Kenyan entity Sankore to create a blockchain hub in the African nation.
Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly teamed up with the Kenyan blockchain community Sankore to launch a regional hub in the African country. The unit will focus on crypto innovations, education, and talent development throughout the continent.Several recent studies estimated that emerging economies and developing countries are particularly thriving areas for the crypto industry.
The hub’s leader will be Kevin Imani – the founder of Sankore. He argued that the mutual collaboration with Near could educate numerous people in the region and “nurture talented individuals to become world-class blockchain developers.” “Our dream is to lead the way in blockchain innovations in providing solutions to Africa’s biggest problems. The Near Protocol allows tomorrow’s biggest developers to build custom solutions with scalability, security, and transparency and this hub is the next step in turning our shared vision into reality,” Imani stated.
Marieke Flament – CEO of the Near Foundation – opined Africa could play a vital role in the future development of the blockchain universe. Additionally, she noted that the hub represents a “unique opportunity to partner with local talent.”Sankore has already launched several projects aiming to support the Kenyans’ well-being. Not long ago, it sought to hedge locals against agricultural events such as bad weather by introducing insurance based on smart contracts.
The token’s growth in the past year has been more than impressive. At the beginning of 2021, it traded for less than $1.50, while in January 2022, it reached an all-time high of over $20. However, in the following months, it declined and currently hovers around $11.
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