- Polygon is collaborating with Niger to launch a comprehensive blockchain ecosystem aimed at revitalizing the country’s economic landscape.
- Despite its current low blockchain technology adoption rate, Niger sees immense potential in this collaboration to empower its youthful population and drive economic growth.
A groundbreaking partnership has been formed between Polygon, a leading blockchain platform, and the West African nation Niger, with the shared goal of creating a transformative blockchain ecosystem. Currently ranked 189th out of 191 countries in the United Nations Human Development Report, Niger has traditionally lagged behind its regional counterparts in the Sahel area. However, this collaboration marks a significant step towards leveraging blockchain’s potential to rejuvenate the economy and empower Niger’s predominantly young population.
Our partner GeoAnalytics Center gears up for Tuesday's session in #Niger. With @0xPolygonLabs, we'll develop a policy brief for a national #blockchain strategy. Proud to work with @AnsiNiger, @ArcepNiger, @ADULeads, @MercyCorpsNiger, @lasdel_labo, @ZamaniTelecom and key players. pic.twitter.com/TXe39oO6o1
— Impact Plus (@ImpactPlus_Web3) July 2, 2023
The Potential Impact of Polygon’s Blockchain Initiative
Polygon sees the untapped potential within Niger, particularly within its energetic youth demographic. Despite the country’s so far limited engagement with blockchain technology, Polygon has demonstrated a long-standing commitment to fostering this frontier tech in the region. Back in 2018, Polygon’s co-founder and technical lead, Jordi Baylina, organized a regional hackathon in Niger’s capital, Niamey, which shed light on gender disparities within the African tech landscape.
This realization spurred a commitment towards promoting more inclusive engagement in blockchain and Web 3.0 events, particularly involving female participants. To actualize this vision, Polygon has forged strategic alliances with Impact Plus and Niamey’s GeoAnalytics Center. Together, they’ve started the meticulous work of identifying local initiatives that could effectively harness the transformative power of blockchain technology.
Subsequent phases of this ambitious plan include engaging with a diverse range of stakeholders – from government officials, local youths, academic institutions, to startups, aiming to rally widespread support for these projects. Polygon is keen to tap into various innovative perspectives during these discussions, and further broaden the scope of Web 3.0 application and acceptance within Niger.
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Slow Yet Steady Adoption of Blockchain in Africa
Despite Africa’s gradual embrace of blockchain technology, certain nations, like Nigeria, are paving the way for accelerated adoption. Earlier this year, the Unstoppable Women of Web3 celebrated International Women’s Day by committing to educate over six million African women on Web 3.0 and the metaverse.
Sandy Carter, the initiative’s founder, stated,
“Africa has one of the most rapidly growing Web3 sectors today, but it’s not exempt from the gender equality issues we see across the globe, and we need to make sure everyone has a seat at the table.”
Nigeria, notably, became the first African country to introduce its Central Bank Digital Currency, named e-Naira, marking a significant milestone despite some inconsistencies in its blockchain policy.
In conclusion, the partnership between Niger and Polygon promises to be a catalyst for change, tapping into the power of blockchain to reshape the socio-economic landscape of this West African nation.
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