KENYA – L Bank, a crypto trading platform and Kenyan-based AI and blockchain-powered venture incubator, Adanian Labs have entered into a partnership, in a bid to develop and nurture the future of blockchain in Africa.
The partnership seeks to improve the information flow and learning around blockchain and cryptocurrency.
Allen Wei, CEO of LBank said that the partnership will allow both LBank and Adanian Labs to engage in community building, education, and resource sharing in order to meet the growing demand for blockchain and cryptocurrency across Africa.
“The new partnership will accelerate Africa’s digital revolution by increasing blockchain developers who will drive the ecosystem. With this partnership, crypto and blockchain technology can play an increasingly significant role in helping African nations leapfrog in development,” he adds.
Adanian Labs nurtures startups into successful and scalable data-driven commercial businesses while L Bank is focused on creating partnerships with cryptocurrency developers and teams across the continent to build an Africa-wide ecosystem.
As part of the agreement, the two entities will engage in monthly meetups dubbed ‘LBank and Adanian Crypto Days’, and a ‘Crypto Accelerator Program’ across Africa.
“Africa has found itself under the spotlight recently for all the right reasons as more and more investors have started to pay attention to the continent’s untapped potential, with blockchain and cryptocurrency leading the way,” Shantnoo Saxsena, COO of LBank noted.
John Kamara, the CEO, and Co-Founder said that the partnerships will offer the vehicle for higher learning and ultimately realize the dream of the part Africa will play in the 4th Industrial revolution.
“We’ve put together a team to help establish and support the startups including project management and support focused solely on ensuring startups achieve their tasks and goals,” added Kamara added.
“We highly encourage submission of applications for the Crypto Accelerator Program, where we’ll align the successful applicants with a tech team within the company to build and work together on their solution.”
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