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Homepage > News > Business > BSVA Uganda Trip Highlights: Purpose drives success With BTC’s price close to breaking 100K, so much of the conversation surrounding Bitcoin and blockchain involves getting rich quick by investing in tokens. While there is nothing wrong with wishing for more funds at our fingertips, it’s much more important to think about a greater purpose that leads to success in the long term. The BSV Association (BVSA) aims to empower Ugandans with the knowledge and skills needed to unlock the potential of blockchain technology and, as a result, support Uganda’s growth ambitions. To do so, the BSVA has partnered with the Blockchain Association of Uganda (BAU) to understand the market dynamics, cultural nuances, and regulatory frameworks. “Under the leadership of Reginald Tumusiime, BAU provides us with access to a robust local network and insights that guide our initiatives. Through this partnership, we are advancing education, advocating for blockchain-friendly policies, and rolling out pilot programs. This local engagement ensures that our efforts are relevant, impactful, and aligned with Uganda’s needs,” shared Thomas Giacomo, BSVA’s Utilization Director. “[The partnership] is a significant milestone for young Ugandan technology entrepreneurs as it will give them an opportunity to tap into the BSV blockchain toolbox developed by the BSVA to create projects that enhance financial inclusion in the country,” said Tumusiime. “Furthermore, the joint collaboration between the two associations will be instrumental for advocacy to the regulators, where we will leverage BSVA’s expertise on regulation matters to jointly engage regulators,” Tumusiime confirmed. In November 2024, the BSVA team spent one week in Uganda with the BAU to attend the Kampala Blockchain Summit and meet with as many stakeholders as possible who can help with their purpose. According to Giacomo, one of their main goals in Uganda was to validate the applicability of BSV Blockchain in addressing…

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Filed under: News - @ December 2, 2024 12:19 pm