In a significant move towards embracing digital innovation, the Republic of Guinea has partnered with Tether, the largest stablecoin issuer in the crypto space. This collaboration aims to explore the potential of blockchain technology and peer-to-peer solutions in Guinea.
On February 17, Tether announced that it had signed a Memorandum of Understanding (MOU) with Guinea's government. The agreement seeks to establish groundwork for adopting blockchain technologies and fostering an environment conducive to innovation.
A key focus of this partnership is education. Tether plans to develop educational programs across both the public and private sectors in Guinea. These programs are designed to raise awareness about digital technologies, build skills among locals, and cultivate talent.
Tether CEO Paolo Ardoino emphasized that this collaboration will help implement efficient blockchain solutions benefiting both the public and private sectors. He believes this will pave the way for economic growth while positioning Guinea as a leader in technological innovation.
Djiba Diakité, chief of staff for Guinea’s interim president Mamady Doumbouya, highlighted that this partnership offers young Guineans the tools needed to tackle global challenges and seize opportunities in the digital world.
Additionally, Tether is supporting Guinea's "Innovation City" project—a hub designed for tech research and entrepreneurship—aiming to solidify its position as a leader in Africa’s digital economy.
This initiative aligns with broader trends where emerging nations like those in Africa are leading adopters of cryptocurrency technologies. As a digital finance solution provider, Rapidz is ready to help companies bridge technological gaps with our expertise, enabling them to stay ahead of competition.
Comments