COTI Launches Africa Tokenization Council for Blockchain AI
Story Highlights
- COTI establishes the Africa Tokenization Council to accelerate blockchain growth.
- Global symposiums will bring together investors, regulators, and blockchain experts.
- COTI’s privacy technology enables secure and compliant asset tokenization.
COTI has announced the establishment of the Africa Tokenization Council, a strategic move to drive blockchain and AI adoption in Africa and the Middle East. This innovative initiative will unite African regulators, international blockchain specialists, and investors to create tokenization ecosystems. It will also draw in foreign investment.
Africa’s increasingly digitally literate population and the growing appeal of digital assets has made the continent a key frontier for blockchain adoption. Africa Tokenization Council will advance symposiums on regulatory regimes, investment strategies, and alliances required to move forward with real-world asset (RWA) tokenization. Working closely with industry leaders, government officials, and blockchain software developers, the council aims to transform types of ownership and establish economic pathways.
Africa Tokenization Council to Accelerate Blockchain Growth
The project is supported by robust leadership, including Dr. Mansour Almalik, a former advisor to the Saudi government with strong experience in AI and fintech. It also benefits from Alaa Bishara, a blockchain entrepreneur with experience in digital innovation. They join COTI’s Chief Ecosystems and Partnerships Officer, Joshua Maddox, and CEO, Shahaf Bar-Geffen, in driving the council’s mission forward.
The council will begin with a series of international symposiums aimed at linking African governments, investors, and blockchain professionals. The events will unite professionals engaged in broadening tokenization and regulators looking into blockchain adoption. Local investors seeking new ventures in the tokenized asset space will also join.
COTI is a great addition to the Africa Tokenization Council ecosystem because it employs its Privacy on Demand technology to offer compliant and secure blockchain adoption. Since privacy and regulation are usually the largest problems with tokenizing tangible assets, COTI’s new privacy layer enables institutions to become compliant. This solution allows them to meet regulatory requirements without revealing sensitive information.
Tokenization of real-world assets can be used to disrupt the financial markets by taking conventional assets, such as infrastructure and financial instruments, into the blockchain world. Institutional investors have hesitated to use these technologies due to issues of data protection. COTI’s permissioned privacy solutions eliminate this as an issue, allowing companies to take advantage of tokenized assets in a way that is compliant with regulatory requirements.
Through the integration of scalable blockchain technology and national-scale tokenization initiatives, the Africa Tokenization Council will bring economies on the continent into the digital realm. Through access to the advanced technology of COTI, Africa and the MENA region are well-positioned to be leaders in the next generation of transparency and efficiency powered by blockchain.
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