Venom Foundation plans to create a blockchain hab in Kenya – Bits Media

Venom Foundation Vendurnaya Investment Company announced strategic partnership with the Kenya government to create a general African blockchain hub.

The Kenyan division of the company is going to focus on the development of applications for Web3 solutions and Venom blockchain for use in key sectors of the Kenya economy: Financial infrastructure, Supply chains, agriculture, MSP and cross -border trade.

According to Venom Foundation plans, Kenyan blockchain-hab should become a central interstate platform, on which African companies and other interested parties will establish partnerships and exchange knowledge.

In addition to the educational and general community role, Venom intends to work with projects of governments of African countries, related to digital transformation, voting system, land cadastre and tokenization of assets.

Earlier, Venom Foundation investment company in cooperation with Iceberg Capital announced
On the opening of the Venom Ventures Fund fund (VVF) for the total amount $1 billion for the development of the Web3 industry.