Nabilah Safira
TechInAfrica – The early-stage investor DFS lab collaboration with Stellar Development Foundation (SDF) is inviting all startups in Africa on a 3-day Blockchain Bootcamp to showcase their blockchain solutions. Startups will have to design their solution on the open-source blockchain network, Stellar. They will receive DFS Lab and SDF support in creating and assessing their solutions.
The first step for the startups is analyzing a problem, followed by a storyboard of potential solutions, and a follow-up of rapid prototypes to present to the judges.
Winners will stand a chance to win 5,000 to 20,000 USDC.
The bootcamp will take place from 28-30 September 2021. Participants may explore one of the following viable use cases as written on the official website:
Cross-border or multi-currency payments
- Business payments for high-cost corridors
- Reimagining remittances and reducing friction
Access to financial services
- Safeguarding value
- Multi-currency savings and yield-earning accounts
- Tokenized assets
- Investing in securities
Other use cases
- Financial inclusion in emerging markets
- Banking
- Payment processing
- Lending
- Payroll
- Treasury management
The demo day, which will proceed on 1 October 2021, will be attended by investors from SDF’s Enterprise Fund among others. Participants can then aim for additional grants on that day.
The application is open until 20 August 2021. Click here to apply.
