LUSAKA, ZAMBIA APRIL 20 2022 - Social Responsibility and Blockchain adoption can go hand in hand. Well, that is what the United Africa Blockchain Association (UABA) is doing in Zambia.
After running a successful awareness campaign in Zambia in February. In which the Minister of Science and Technology Mr. Felix Mutati officiated at a key UABA event. UABA together with the Technology ministry hosted a training workshop where officials from several sectors of government got UABA’s signature Blockchain 101 training.
UABA is now embarking on a youth empowerment pilot project in three of Lusaka’s townships. Recognizing the need for digital literacy, skills development preparations for the 4th Industrial Revolution, and poverty alleviation. The Science and Technology Ministry has partnered with UABA on this social endeavor.
As the government is shifting towards new technological digital systems to solve structural problems. They are looking to blockchain adoption because of its progressive approach. And are looking at ways that blockchain can be used in the drive for self sustainable communities that are less dependent on government. As well as a payment system for a basic human needs scheme.
The pilot project has attracted Zambia’s leading Fintech and ICT company, Probase, on board. Probase recently signed a partnership with UABA to deliver life changing blockchain-based solutions for the people of Zambia and potentially Africa. And providing capacity building on projects such as the up-coming youth empowerment pilot project.
The youth empowerment pilot project intends to create sustainable local communities through incentive based crypto opportunities that will enable communities to earn and spend cryptocurrencies for basic human needs, as well as test the feasibility of implementing Blockchain in the Zambia Public sector. Kalingalinga, Chainda, and Mutendere have been earmarked for the project. The commencement of the project is yet to be announced.
In related news, the venture capital firm YOLO Investments and UABA will be hosting a Start-up Initiative Meet-up in Lagos Nigeria. The event will take place on 25 April 2022. Attending Start-ups will get an opportunity to pitch their business models before YOLO and stand a chance to qualify for the accelerator program.