blockchain technology timeline in Kenya and insurance sector
Kenya has been an early adopter of blockchain technology in Africa, with a vibrant blockchain ecosystem that is rapidly growing. Here is a brief timeline of the key events and developments in the history of blockchain in Kenya: 2015: BitPesa, a blockchain-based payments platform, is launched in Kenya, enabling cross-border payments between Kenya and other African countries. 2016: The Kenyan government establishes a blockchain task force to explore the potential of blockchain technology to address various issues, including land registry, identity management, and supply chain management. 2017: The Blockchain Association of Kenya (BAK) is founded to promote the adoption and development of blockchain technology in Kenya. 2018: The Kenyan government partners with IBM to develop a blockchain-based platform for managing the country's land registry. 2019: The Central Bank of Kenya issues guidelines for the regulation of virtual cur...