- Tether’s MoU with Guinea focuses on blockchain education and sustainable digital growth.
- Guinea aims to become a leader in Africa’s digital economy through blockchain innovation.
- Tether supports Guinea’s “Innovation City” to foster tech research and entrepreneurship.
Through a Memorandum of Understanding (MoU), Tether has partnered with the Republic of Guinea Government to explore blockchain adoption and its potential economic benefits. Guinea is working with Tether to explore how blockchain networks and decentralized peer-to-peer systems can contribute to economic and technological development. This collaboration is part of Guinea’s broader efforts to establish itself as a leader in Africa’s digital transformation.
Education and Innovation in Guinea
The major purpose behind the MoU is to integrate blockchain solutions throughout Guinea’s public sector and private businesses. Under their collaborative framework, Tether intends to create programs that train the workforce and spread knowledge about blockchain solutions nationwide. These blockchain education programs will focus on key skills to develop local talent and equip young people for opportunities in the global digital economy.
Under the partnership, Tether will collaborate with Guinea’s Cité des Sciences et de l’Innovation de Guinée (City of Science and Innovation) to develop educational programs in different sectors. These programs will encourage innovation and help integrate blockchain technologies sustainably into the country’s infrastructure.
Supporting Guinea’s ‘Innovation City’ Initiative
Tether expresses its dedication to backing Guinea’s “Innovation City” project through this memorandum of understanding. The project aims to establish an active environment that enables research, development, and entrepreneurial activities in technology. As Guinea’s digital and technological innovation hub, the project will establish the country as the leading African center for digital and technological advancement.
The establishment of ‘Innovation City’ could help the country strengthen its digital economy and achieve its goal of becoming a technology hub. Tether’s involvement in this project highlights its global commitment to responsible blockchain adoption and sustainable development.
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Tether’s Global Blockchain Engagement
Since its early stages of operation, Tether has established a record of global cooperation with governments and institutions to advance blockchain technology adoption. In 2023, Uzbekistan joined other countries through a similar agreement to develop blockchain solutions for emerging economies.
Paolo Ardoino, CEO of Tether, expressed enthusiasm for the partnership, emphasizing blockchain’s potential to drive economic growth and transform Africa into a technology pioneer. Through these partnerships, Tether aims to share best practices and facilitate the adoption of stablecoins, blockchain, and peer-to-peer technologies.
