The first Africa Bitcoin Conference (ABC) is scheduled for December 5-7 at the Kempinski Hotel in Accra, Ghana, according to a press release sent to Bitcoin Magazine.
Bitcoiners, entrepreneurs, educators, advocates, thought leaders and industry professionals from Africa and around the world are bringing together the adoption and use of bitcoin in Africa and around the world .
The event will feature keynotes, panel discussions, presentations, exhibits and a hackathon with other exciting additions. The ABC Hackathon will run from October 10th to December 7th, and registration for the event began on September 10th.
Hackathon participants will develop and present solutions to problems that use Bitcoin. Registrations will close on October 5.
The winners of the hackathon will be announced on December 7 at a closing ceremony during the conference. In addition, there will be prizes for first, second and third place contestants, as well as an award for best design, with a total of $10,000 in prizes.
About 800 attendees are expected at the conference, and several participants have already been confirmed for the event, including C-suite executives, department heads, government officials, investors, venture capitalists and many others.
Africa has witnessed huge growth in its adoption of bitcoin, despite having one of the lowest internet penetration levels in the world. Between June 2020 and July 2021, Africa saw a 1200% increase in adoption, according to the release.
Also, Nigeria ranked highly in Chainalysis’ 2021 Global Crypto Adoption Index. Togo followed Nigeria in being one of the leading countries in peer-to-peer value transfer.
Thus, the conference will host many opportunities to discuss innovation, employment opportunities, improving regional trade and tourism, among many other initiatives for Africa to continue to grow by leveraging bitcoin.