IOTA and Kenya want to start blockchain technology in Africa with specific projects from June
- On May 30th, Iota and Trademark Africa organize the East Africa Innovation Summit in Kenya’s capital Nairobi.
- Central topics are web3 and concrete blockchain applications in retail, logistics and for sustainable produce and do business.
The one -day event will bring developers, political decision -makers and industry leaders together. The focus is on the application decentralized Technologies for trade, logistics and sustainability. The summit will also be an important driving force for the local introduction of Web3 using the MoveVM.
We’re co-hosting the #IOTA East Africa Web3 Innovation Summit with @TradeMarkAfrica to show real-world blockchain impact!
From trade to sustainability & Web3, we’re driving digital transformation.
Read more: https://t.co/UQdJn7lVjL
1/3 pic.twitter.com/qvLI49nyjA
— IOTA (@iota) April 16, 2025
Kenya positions itself as a regional hub for blockchain development. IOTA will support this growth through tools, financing programs and new infrastructure. At the event will be Movevm presented the latest version of IOTAS Smart Contract Engine. The developers will also have access to financing options and networking sessions with important actors in the ecosystem.
Presentations for trade: twin and tlip
Twin and Tlip, two important initiatives supported by the IOTA network, are shown live on the summit. Twin (Trade Worldwide Information Network) is a decentralized data platform to improve the efficiency of cross -border trade. The system enables direct, secure data exchange between logistics partners, regulatory authorities and freight guides in the supply chain.
The TLIP (Trade Logistics Information Pipeline), developed with Trademark Africa, is also presented. The platform rationalizes freight processing, persecution and documentation. In a panel discussion, it is discussed how Tlip already affects the Kenyan trading systems. Howwe mentioned in our last postthis technology integration is considered a model for a scalable, public-private digital infrastructure in Africa.
In our last We reported update about the IOTA partnership model with local governments and institutions. These partnerships focus on real applications of the blockchain and go beyond speculative applications. The summit will be a platform to deepen this cooperation and present new pilot projects that focus on logistics and digital trade corridors.
Support of developers with MoveVM and grants
A practical developer workshop Will the Movevm im IOTAN network introduce. The participants will create DAPPs with the latest SDKs and smart contract tools. The event also offers a preview of the upcoming Mena Moveathon, the official hackathon for the Middle East and North Africa region.
As part of the IOTA ecosystem strategy will present the Foundation to its Business Innovation Grant Program. This program supports startups and developers who work on real blockchain use cases. As reported by CNF, is The upcoming Fox-upgrade The key to these efforts. With Rebased, IOTA becomes a fully decentralized Layer 1 network, which is operated by delegated proof-of-stake (DPOS) with over 50 validers.
It is expected that Foxes a high performance with over 50,000 transactions per second (TPS) and staking rewards between 10-15%. It is planned for the second quarter of 2025 and is intended to compete with Ethereum and Solana by improving decentralization and performance. After Start of Iota Rebased According to CNF, the token rose by 4.09 % to $ 0.1914.
The partnership of IOTA with SUI Network means compatibility with MOVEVM and EVM, which offers developers more flexibility across different ecosystems. This cross-compatibility opens up more web3 applications and greater acceptance. Developers who participate in the Summit will have early access to tools that are tailored to this dual support structure.
Registration and Event details
The IOTA EAST AFRICA Web3 Innovation Summit becomes take place in the Hyatt Regency Hotel in Nairobi. Participation is free of charge, but registration is required due to the limited number of participants. 80-100 participants are expected at the event, including developers, government officials and industry experts. The day is completed with a networking reception, in which you can meet decision-makers and leading personalities of the community.
By merging local talents, political decision-makers and the global Iota team, the summit will be the starting shot for the East African Web3 growth. You can find the full agenda and details of registration on the official channels of IOTA.
No Comments