Zanzibar’s government is seeking to support blockchain startups and recently launched a sandbox where they can experiment with new products and services before they launch publicly. At the same time, the Vietnamese government has launched a national blockchain strategy with one bold goal: to become Asia’s blockchain hub.
Zanzibar launches blockchain sandbox
Zanzibar has launched a sandbox for blockchain startups to spur innovation from local companies and attract innovators from neighboring countries.
In its announcement, the Zanzibar government welcomed all startups developing solutions on the blockchain and utilizing other emerging technologies such as AI. However, it revealed it would prioritize those solving the key challenges affecting the island region, including financial inclusion, certificate issuance, and identity verification.
“The primary objective is to create a conducive environment for the development of cutting-edge technologies, including blockchain, AI, and other emerging technologies. Innovators will have the opportunities to work on pilot projects, collaborate with experts, and receive mentorship from industry leaders, which is …