Over 800 people, including bitcoiners, business, and thought leaders, are anticipated to attend the Ghana-based event, which will also feature a hackathon.
Where will the event be held?
According to a press statement forwarded to Bitcoin Magazine, the first Africa Bitcoin Conference will occur from December 5th to 7th at the Kempinski Hotel in Accra, Ghana (1). Bitcoiners are discussing the acceptance and use of bitcoin in Africa and worldwide, entrepreneurs, educators, advocates, thought leaders, and business experts worldwide.
What will happen during the event?
The event will include keynote addresses, panel discussions, seminars, exhibitions, presentations, a Hackathon, and other new novelties. Registration for the ABC Hackathon opened on September 10, and the event will take place from October 10 to December 7. The hackathon participants will create and present Bitcoin-based solutions to problems. The deadline for registration is October 5th.
The hackathon winners will be declared at the conference's closing ceremony on December 7. $10,000 in prizes will be awarded, including first, second, and third place ribbons and awards for outstanding designs. The conference is projected to draw 800 people, and several participants, including C-suite executives, departmental heads, government officials, investors, venture capitalists, and many more, have already confirmed their attendance.
Wouldn't Internet connectivity be a problem?
Despite having one of the lowest rates of internet coverage in the world, Africa has seen a significant increase in the usage of bitcoin (2). According to the publication, adoption in Africa increased by 1200% between June 2020 and July 2021.
The 2021 Global Crypto Adoption Index from Chainalysis (3) also gave Nigeria a strong ranking. Togo was one of the top nations for peer-to-peer value transference, which came second to Nigeria. Thus, the conference will offer numerous chances to discuss innovative ideas, job prospects, and enhancing regional trade and tourism, among many other initiatives for Africa to continue growing by leveraging bitcoin.