COTI Launches Africa Tokenization Council to Drive Blockchain Adoption
1min read COTI has launched the Africa Tokenization Council, a strategic initiative aimed at accelerating the adoption of blockchain and AI technologies in Africa and the Middle East. This council will bring together African regulators, international blockchain experts, and investors to create tokenization ecosystems and attract foreign investment.
The establishment of the Africa Tokenization Council comes at a time when Africa's digitally literate population and the growing appeal of digital assets make the continent a key frontier for blockchain adoption. The council will host symposiums focused on regulatory regimes, investment strategies, and alliances necessary for advancing real-world asset (RWA) tokenization. By collaborating with industry leaders, government officials, and blockchain software developers, the council aims to transform ownership structures and establish new economic pathways.
The council is supported by a robust leadership team, including Dr. Mansour Almalik, a former advisor to the Saudi government with extensive experience in AI and fintech, and alaa Bishara, a blockchain entrepreneur known for his digital innovation expertise. They join COTI’s Chief Ecosystems and Partnerships Officer, Joshua Maddox, and CEO, Shahaf Bar-Geffen, in driving the council’s mission forward.
The Africa Tokenization Council will kick off with a series of international symposiums designed to connect African governments, investors, and blockchain professionals. These events will bring together experts in tokenization and regulators exploring blockchain adoption, as well as local investors seeking new ventures in the tokenized asset space.
COTI's involvement in the Africa Tokenization Council is significant due to its Privacy on Demand technology, which ensures secure and compliant blockchain adoption. Privacy and regulation are often the biggest challenges in tokenizing tangible assets, but COTI’s new privacy layer allows institutions to meet regulatory requirements without compromising sensitive information. This solution enables companies to leverage tokenized assets while remaining compliant with regulatory standards.
Tokenization of real-world assets, such as infrastructure and financial instruments, can disrupt traditional financial markets by bringing these assets into the blockchain world. However, institutional investors have been hesitant to adopt these technologies due to data protection concerns. COTI’s permissioned privacy solutions address this issue, allowing companies to benefit from tokenized assets in a compliant manner.
Through the integration of scalable blockchain technology and national-scale tokenization initiatives, the Africa Tokenization Council aims to bring economies on the continent into the digital realm. With access to COTI’s advanced technology, Africa and the MENA region are well 