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Closing the Blockchain Gender Gap in Africa: An Interview with Blockchain Ladies Africa

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blockchain gender gap

Building permissionless, decentralised networks are some of the founding principles of the blockchain revolution. These networks allow people (especially those disadvantaged by the current system) around the world to build products and create wealth without the approval of gatekeepers.

Women are a huge proportion of the world’s population underserved by the current financial infrastructure, which would make their involvement in the blockchain industry the highest in the world. However, that is not the case.

Bitcoinafrica.io had an exciting chat with Doris Ojuederie, the founder of Blockchain African Ladies (BAL) and organiser of the biggest women’s blockchain conference in Africa, about the current level of participation of women in blockchain in Africa.

The Blockchain Gender Gap

Doris Ojuderie

Image by Blockchain African Ladies

There are thousands of blockchain projects mostly run and used mainly by men. But considering that blockchain projects are built to be used by diverse demographics, it only makes sense that the industry has a variety of perspective.

“Women participation in blockchain is improving, but we aren’t there at all. So many are yet to know that a technology like this exists,” Doris Ojuederie was quick to say.

She went on to explain that the main issue is that the majority of women are “not in places of information where they will obtain information about the blockchain tech,” and thinks participation is currently at just 35 percent.

Even this small number seems optimistic as data compiled by Coin.Dance suggests that women make up less than ten percent of engagement related to Bitcoin. Even in other areas of blockchain other than technology, like legal services, marketing, and sales, trading, or user support in crypto companies, there is still low participation from women.

Women Role Models And Awareness Could Bridge the Gender Gap

You cannot be what you do not see. Lack of women role models is regarded as one of the limitations to the representation of women in the blockchain industry.

“The very few women disruptors aren’t very vocal with their activities. Being vocal will motivate other women to love to learn about this technology,” Ojuederie said. Also, she gave mainstream media some knocks for doing too little in projecting the work of the few women building innovative projects in the industry.

Some women have been vocal about their work in the crypto industry though. Women like Doris Ojuederie, whose non-profit organisation (BAL) organises conferences, workshops, webinars, and online training for women and is currently offering a scholarship to women to become blockchain developers. Bitcoinafrica.io was at the BAL’s Blocktech Women Conference in Lagos, which provided women with practical skills in crypto trading, computer programming, and other opportunities.

There is also Alakanani Itireleng, founder of Satoshicentre, who is one of the pioneers of bitcoin in Africa, and Ire Aderinokun, the co-founder of peer-to-peer exchange Buycoins, who recently tweeted an opportunity for women interested in crypto trading, among many other women who have helped accelerate adoption on the continent.

Encouraging More Women

Ojuederie believes that the blockchain community could help women participate by:

  • Giving the few women disrupting the space more media coverage
  • Supporting and sponsoring programmes and events that encourage women participating in the blockchain ecosystem
  • Organisations should include a good percentage of women in their teams, as advisors, developers, and executives

If you want to learn more about women in blockchain and the work of BAL, visit Blockchain African Ladies.

Blockchain Technology

Blockchain Game Gods Unchained Launches Beta Version

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Gods Unchained
Image by godsunchained.com

Blockchain game Gods Unchained launched its beta version. The Ethereum-powered game, which was created by Fuel Games, has already sold four million virtual cards, generating four million dollars in revenue for the gaming startup.

God Unchained Beta

The Gods Unchained beta version will enable more players to “join the fray, collect cards, mint cards to the blockchain, and battle with others around the world.”

Co-Founder of Gods Unchained, Robbie Ferguson, said in a press release: “Gaming is a $100 billion per year market that has capitalised on leasing premium features to select individuals on their purchasing power. In almost every game, players are buying items, cards, skins, and upgrades which they do not truly own. Blockchain actually gives players digital-asset ownership by minting game elements to a blockchain. With Gods Unchained, we have captured the allure of traditional print card collectibles like Magic, married them with appealing visuals of digital games like Hearthstone, and added true ownership through the Ethereum blockchain.”

The beta will run through July where cards will be collected from packs. “Developers will monitor the performance of cards and measure the fairness of different deck combinations. This is to ensure that the game remains balanced, fun, and competitive. After the balancing beta, the development team will solidify card stats and activate peer-to-peer trading functions,” an official statement said.

Packs, Genesis Set, and World Championship

New players will get a starter deck to play the free game while players looking to expand their collection will have access to booster packs. In addition, during the pre-sale of the game, the developers have released a limited edition of the Genesis Set which has 380 special cards. The developers will terminate the Genesis Set after the beta closes and version 1 of the game launches. A new season of cards will follow the termination of the Genesis Set.

Ten percent of the sales from the packs will go towards the prizes for the first Gods Unchained World Championship. $430,000 has already been put aside for the championship.

Unlike traditional games where players do not own items they purchase in a game, the use of blockchain technology in Gods Unchained gives players real ownership to the items they buy or earn. This means that they can sell these items for digital currency or trade them with other players.

In order to create the blockchain game, Fuel Games raised $2.4 million from Coinbase Ventures, Sora Ventures, Nirvana Capital, and Continue Capital. The company is currently creating the Apollo Platform which will offer scalable blockchain infrastructure for world-class game studios.

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Blockchain Technology

OneWattSolar is Leveraging the Blockchain to Provide Renewable Energy to Nigerians

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Nigerian startup, OneWattSolar, is leveraging blockchain technology to provide low-cost solar energy to Nigerians to relieve them of the reliance on costly power generators.

Blockchain Payments

OneWattSolarWhen using OneWattSolar‘s clean energy solution, customers do not have to pay for the solar panel system setup. Instead, it comes with an Internet-enabled router that will collect data on energy usage to ensure customers are billed exactly for what they use and also alert the company of any potential problem.

The idea of using the blockchain for its solution is to allow transparency among all stakeholders and to reduce the costs involved.

“[The blockchain] provides transparency, you can see the utilisation of funds, how many systems we have purchased and how many are being used. On a traditional service using fossil fuels, energy usage is around 70 Nigerian naira ($0.19) per kilowatt. But the blockchain system is 50 percent cheaper than diesel,” Alagbe told CNN.

Africa Renewable Energy Industry

For decades, African countries – including Nigeria – have been plagued with a lack of power supply. According to a 2016 report, only four out of ten Africans have access to a reliable power supply. In 2017, Nigeria was ranked as the worst electricity supply nation while research conducted out by the World Bank shows 42 percent of Nigerians do not have access to electricity.

In a bid to tackle this problem, the renewable energy industry in Africa has been experiencing tremendous growth. Morocco plans to power over one million homes with a new solar power plant reported to be the largest in the world while Ghana announced plans to increase the consumption of renewable energy by 2030.

Video by Idea Seed Africa

OneWattSolar launched operations in January 2019. The clean energy startup hopes to supply more than one million homes without electricity in Sub-Saharan Africa with solar energy through blockchain by 2025.

OneWattSolar is a part of GoSolar Africa, a renewable energy company that has been in operating for the past eight years.

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Blockchain Technology

10 Startups to Pitch at Seedstars Nairobi in Front of All-Women Panel

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Seedstars Nairobi

Ten Kenyan startups will pitch at the sixth edition of Seedstars Nairobi in front of an all-women panel on June 28, 2019. The closed-door affair will be hosted by startup incubator, Nailab.

The Pitch Competition

Seedstars NairobiThe ten startups selected to participate in the pitch competition include a range of companies leveraging different technologies and disrupting an array of areas.

Ilara Health is a company that offers an affordable tech-powered diagnosis to 500 million Africans and Nurse In Hand is an emergency response startup. Also in the competition is Pesabase, which offers blockchain-based remittance and payment solutions, Julla which allows customers to buy products and pay later, Smatbeba, which helps cargo owners to find delivery vehicles, Tanda that enables small businesses to access financial services, and Pezesha which connects SMEs to lenders.

The other startups are Shamba Records which offers a blockchain-based system for collecting farm records, Lentera, which provides actionable insights to farmers, and employee management company WorkPay.

First Time All-Women Jury

For the first time, the Seedstars pitch competition will have a panel made up solely of women. This panel will choose the best startup that will represent Kenya at the Seedstars Africa Summit and stand a chance to win a prize of $500,000 and a three-month investment programme at the Seedstars Global Summit next year.

“We are extremely excited to work with this jury panel on selecting the most promising startup in Nairobi and we believe that the closed-door event format will allow us to ask some more sensitive and in-depth questions to the entrepreneurs,” said Seedstars Regional Manager for Africa Claudia Makadristo.

Seedstars decided to go with an all-women jury to boost the participation of women as panelists, experts, and mentors.

The panel will comprise of Makadristo, East Africa Private Equity, and Venture Capital Association executive director Eva Warigia, Zephyr Acorn investment consultant Wanjiru Chabeda, Financial Sector Deepening Africa Investments CIO Anne-Marie Chidzero, AHL Venture Partners portfolio manager Tsakane Ngoepe, and LGT Impact associate director Winnie Ibuyako.

Before the pitch competition, Seedstars will hold an angel investor meetup in partnership with African Business Angel Network (ABAN). At the meetup, investors will get a chance to network, acquire insights, knowledge, and access to Seedstars and ABAN deal flow.

Insurance platform Bluewave Technologies represented Kenya during the last Seedstars edition. In addition, about 30 African countries have an opportunity to participate in this year’s Seedstars World competition.

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