Absa, member of Barclays, to co-host the Blockchain & Bitcoin Africa Conference 2016

Bitcoin Events Pty Ltd is delighted to announce that Absa, member of Barclays, will co-host the upcoming Blockchain & Bitcoin Africa Conference 2016. Absa has expressed significant interest in this conference as the innovative blockchain technology continues to gain ground.

The conference will take place on 3 and 4 March 2016 in Johannesburg and will focus on the opportunities and challenges that digital currencies such as bitcoin as well as blockchain technology pose to regulators, institutions, companies and individuals. It will also look at the opportunities that this technology offers in terms of innovation of financial and non-financial organisations.

“We see huge potential for financial institutions in Africa to embrace disruptive technologies like blockchain, and use them to empower individuals and improve the lives of their customers,” says Ashley Veasey, CIO for the Barclays Africa Group Limited.

“We are already working to build capacity, expertise and solutions in this field, for example, through our Rise innovation programme, which sponsored the blockchain Supply Chain Challenge in Africa last year.

“Barclays Africa is also the first bank in Africa to become a member of the R3 blockchain technology company consortium. We believe that this consortium, along with events such as the Blockchain & Bitcoin Africa Conference 2016, will be valuable platforms for sharing some of the insights and projects we are driving in this space.”