Under this agreement, the ICON platform is committed to supporting the activities of the UABA Association by increasing awareness of the plucchin technology through the allocation of educational programs and the creation of business incubators for decentralized applications in Africa.
Said Mr. “Josh Choi” Director of Public Affairs of the Organization on thebackground of the recent ICON Partnership Bmayle:
The new partnership between ICON and UABA will enhance their synergy, as well as further embrace and nurture Blockchain technology and services in Africa. We are very pleased to be part of this exciting adventure
The new partnership will allow UABA to help ICON expand its network in Africa, including the formation of a decentralized organization in the region, which will make UABA the first DAO initiative in Africa.
DAO is a decentralized organization that complies with the rules of smart contracts based on the technology of the blockchain, which will make the organization’s share-holders aware of what is going on in the management of the organization in a transparent manner.
All financial transactions are saved on the PLC and can be returned anytime, anywhere.
Mr. Yallio Soko, President of UABA, reacted positively to the New Partnership, saying:
Our partnership with ICON will be an example for non-profit organizations, and our partnership with ICON will be an extension of the work we do in the technology we support
Please note, that is not a bit of financial advice, nor the WhaleToBe team’s view