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Blockchain Academy in SA forms first global partnership


Cape Town, 20 Jul 2017

On 1 July 2017, the Blockchain Academy partnered with the IT firm, Anglo African, headquartered in Mauritius. Anglo African has subsidiaries in Madagascar, Rwanda, Zambia and Zimbabwe, and sales offices in Djibouti and Reunion.

"This partnership highlights the growing significance of blockchain technology as more and more companies around the globe are exploring what this revolutionary technology can do for them," said Sonya Kuhnel, Founder and Managing Director of the Blockchain Academy.

The Blockchain Academy's first training session with Anglo African and its clients, which include regulators, government institutions, banks, insurance and offshore companies in the FSI, will take place in Mauritius from 2-3 August 2017.

These two days of interactive sessions will cover:

* The basics of cryptocurrencies and blockchain technology;
* The different types of blockchains such as Ethereum, Bitcoin and Ripple;
* How distributed ledger technology is being used by companies such as R3CEV and how it differs from traditional blockchain technology; and
* How financial institutions can use blockchain technology to innovate and leverage its key characteristics of security, immutability, transparency, speed, cost-effectiveness and efficiency across many use-cases varying from trade finance, capital markets, settlements and clearing, payments, correspondent banking, and many more.

"Anglo African, in the last few years, has embarked on multiple innovative technologies, including blockchain, and one of the biggest concerns we face in this sphere is the necessity to educate stakeholders. We strongly believe that this partnership will contribute enormously to understanding blockchain more completely," said Ali Jamaloodeen, Executive Director of Anglo African.

The blockchain is a digital ledger of economic transactions and can be programmed to record virtually everything of value and importance, such as: birth and death certificates, deeds and titles of ownership, financial accounts, votes, provenance of food, and anything else that can be expressed in code.

The financial services industry has been keeping a close eye on blockchain technology that can record and authenticate every transaction without a bank or broker as a third party, and without sharing any personal information.

The possibilities of blockchain technology are endless. Any industry that deals with transactions can and will be disrupted by this technology. Rather than the Internet of information, this is the Internet of value or the Internet of money.

The Blockchain Academy is the only one of its kind in South Africa, and offers training courses around blockchain and cryptocurrencies at its offices in Cape Town and Johannesburg, on-site or online.

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