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Home»Blockchain»TETHER joins forces with Guinea to lead the adoption of blockchain
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TETHER joins forces with Guinea to lead the adoption of blockchain

February 19, 2025No Comments
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Adoption

Sam Adeyemo


February 19, 2025 at 11:21 a.m.

Update: February 19, 2025 at 11:21 a.m.

1 min read

The parent company of the USDT Stablecoin will mainly seek to advance the education of blockchain in Guinea.

TETHER joins forces with the Republic of Guinea to lead the adoption of the blockchain
Image source: Arnoud d’Yve de Bavay.

TETHER, a blockchain company and Stablecoin transmitter, has signed a memorandum of understanding with the Republic of Guinea to support the country’s digital transformation.

Thanks to this partnership, Tether will help stimulate the adoption of Blockchain technology in Guinea.

Details

  • In a press release common On his website, Tether said that his main objective in the partnership is to lay the foundations for the Blockchain initiative of the Republic of Guinea.
  • The company will also seek to collaborate with the country’s main technological research institute, the Guinea’s City of Sciences and Innovation on the Education of Blockchain.
  • In addition, other blockchain educational programs should be deployed in the country’s public and private sectors.
  • According to the TETHER Declaration, she also intends to share “international knowledge and best practices” on technological innovation with the country.

Key quotes

  • Paolo Ardoino, CEO of Tether, commenting on the partnership, said:

“Together, we aim to implement effective blockchain solutions that benefit both public and private sectors, paving the way for economic growth and the establishment of Guinea as a leader in technological innovation. »»

  • Mr. Djiba Diakité, chief of staff of the President of the Republic of Guinea, said:

“The signing of this memorandum of understanding between the Republic of Guinea and Tether represents a major strategic step in our quest for an inclusive and sustainable digital transformation. We aim to open a new chapter of our technological development by integrating advanced technologies such as blockchain and peer solutions. »»

Zoom out

  • The Republic of Guinea is not the first African country to explore the adoption of blockchain technology across the country.
  • Last year, the vice-president of Ghana at the time, Mahamudu Bawumia, said The country would seek to become the first government powered by blockchain in Africa.
  • However, the details remain vague and few have since emerged, in particular with the government of Bawumia now replaced by a new administration.
  • Mauritius, on the other hand, launched the EVERIFY service based on blockchain nationwide in 2023 To improve the verification of certificates issued by the government.





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