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Tag: Emurgo

  • EMURGO Africa unveils ’EMURGO Labs’

    EMURGO Africa unveils ’EMURGO Labs’

    In a recent announcement, EMURGO Labs—a specialised development entity for developing Web3 technologies—was established. EMURGO Africa is Cardano’s investment and commercial arm in Africa.

    With the intention of leading the charge in cross-border digital transformation by harnessing the revolutionary power of the Cardano blockchain, the lab is structured to foster the development of both well-established and emerging Web2 and Web3 organisations.

    EMURGO Labs will be the nerve centre of the region’s efforts to support the development of Web2 and Web3 organisations, both old and new.

    With the help of the Cardano blockchain, EMURGO Labs hopes to promote innovation, ease international expansion, and add to the growth of the blockchain ecosystem worldwide.

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    Why EMURGO Labs was launched

    In a statement, EMURGO Labs CEO Ahmed M. Amer stated that the launch of the company is a major milestone in the effort to realise the revolutionary potential of blockchain technology in the MENA region.

    Amer continued by saying that EMURGO Labs will become the go-to place for Web3 businesses in this exciting area because of their top-notch support services, strategic alliances, and knowledge of the industry.

    Our lab is committed to providing a wide range of services that are specifically tailored to meet the demands of the digital age. We help organisations transition from Web2 to Web3 and even improve and expand the capabilities of existing Web3 entities.

    Development of Revolutionary Blockchain Solutions: EMURGO Labs is a frontrunner in investing in and creating innovative blockchain solutions with practical applications by collaborating with international businesses, entrepreneurs, and accelerators.

    Enterprises are propelled into the future through custom software development, which crafts tailored software solutions to drive digital transformation. Interface and User Experience Design: By prioritising the needs of its users, EMURGO Labs creates cutting-edge, aesthetically pleasing, and intuitive user experiences for Cardano blockchain applications.

    Emurgo Labs is well-positioned to engage a wide range of stakeholders, including startups on Web2 and Web3, banks, major corporations, governments, and the business community at large. It is well-positioned to become a key participant in the worldwide blockchain ecosystem by attracting investors, blockchain enthusiasts, media, and lawmakers.

    About Emurgo Africa

    Through its investment and commercial arm, EMURGO Africa, Cardano is able to leverage blockchain technology to empower individuals and businesses across the continent of Africa and the MENA region, addressing local challenges.

    EMURGO Africa is an investment and partnership firm that works with startups, accelerators, and businesses in Africa to create social impact solutions using the Cardano blockchain.

    It is EMURGO’s subsidiary in the MENA region that is responsible for promoting the use of Web3 and Cardano in the area.

  • Emurgo Africa to release Africa’s State of Web 3.0 Report

    Emurgo Africa to release Africa’s State of Web 3.0 Report

    Emurgo Africa is getting ready to share a full State of Web 3.0 in Africa Report on June 23, 2023. 

    The analysis reveals how fast African Web 3.0 technologies are changing. It also provides an in-depth study of their consequences, opportunities, and challenges, as well as proposals for growth and influence.

    Africa is rapidly adopting Web 3.0. They can transform trade and industry, financial services and financing, supply chain management and logistics, and healthcare provision and access. Clear legislation, infrastructure development, and stakeholder engagement will be needed to apply these technologies widely.

    The study, funded by Emurgo Africa, will be released in Nairobi, Kenya, during a media event with industry leaders, policymakers, and the press. NODO, CVVC, GreenHouse Capital, PwC, and Cardano will speak at the event.

     Read also: Adaverse Announces Investment In Digital Nation Afropolitan

    Emurgo Africa’s report on technology’s impact on African growth

    The report examines how these technologies could boost African social and economic progress and bridge a knowledge deficit. It covers real-world use cases, opportunities, and challenges of Web 3.0 technologies in the region.

    Decentralized finance (DeFi), blockchain technology, digital identity, smart contracts, and data privacy are covered in the report. It examines target countries’ legal systems, infrastructure, and technology. This identifies areas for improvement to promote Web 3.0 technologies.

    The report found that Web 3.0 technologies offer huge opportunities for Africa, that blockchain investment in Africa increased by 1,668% between 2021 and 2022, and that industry stakeholders, policymakers, and regulators must work together to foster Web 3.0 technology growth.

    “The future of Web 3.0 technologies in Africa is bright, with the potential to drive unprecedented social, financial, and economic development across the continent,” stated Emurgo Africa CEO Ahmed M. Amer. This paper emphasises the crucial role of stakeholders, policymakers, and regulators in realising Web 3.0’s revolutionary capacity in Africa.

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    About Emurgo Africa

    A blockchain technology company with a lot of energy, EMURGO Africa is dedicated to building a bright future for all of Africa. By using the promise of blockchain, our experienced team hopes to solve big problems like poverty, inequality, and climate change.

    To empower Africans to improve their lives and communities, we aim to develop a strong blockchain ecosystem that fosters economic growth, social inclusion, and environmental sustainability. Governments, companies, non-profits, and universities are our clients. This aligns with our principles of innovation, collaboration, honesty, and sustainability.

    Blockchain-based platforms provide millions of Africans with free education, healthcare, and financial services. We’re delighted to help improve Africa with blockchain technology.