Tether partners with Guinea to drive blockchain innovation, promote digital education, empower youth, and advance African digital economy transformation.
Tether, a global leader in digital assets, has signed a Memorandum of Understanding (MoU) with the government of Guinea. The collaboration will analyze blockchain and peer-to-peer technologies to enhance economic expansion while making Guinea the driving force of African digital transformation.
The Memorandum of Understanding emphasizes the development of education and innovation together with sustainable technology practices. International best practices together with knowledge will be transferred to Guinea according to the agreement. The initiative requires Tether to work with Cité des Sciences et de l’Innovation de Guinée (City of Science and Innovation of Guinea) to develop blockchain educational programs. These educational programs will deliver knowledge about digital systems to both the private and public sectors of Guinea.
The agreement helps implement the Guinea “Innovation City” project that aims to build a technology research and entrepreneurial center. The government endorses this initiative because it helps achieve economic development through technological innovation.
Tether and Guinea Collaborate to Empower Youth Through Blockchain Technology
Tether stands out because of its proven track record in helping blockchain get accepted by markets. It also maintained involvement in past projects that included the Plan ₿ Forum in Switzerland together with digital education programs in Türkiye and blockchain development in Uzbekistan. The organization worked to advance Bitcoin knowledge and stablecoin education throughout Ras Al Khaimah.
The blockchain expansion initiatives of Tether received a new boost through its recent partnership with Reelly Tech. The organizations formed an MoU which established USDT as an accepted currency for property deals within the UAE borders. The collaboration between the two entities aims to enhance real estate deals through faster secure digital asset-based property deals.
Tether’s CEO, Paolo Ardoino, fully supported the partnership between Tether and Guinea. He affirmed that Tether observes its dedication to assisting countries throughout their transformation to robust digital economic systems. Blockchain technology brings advantages to operational frameworks within both public and private organizational systems according to his perspective.
Djiba Diakité serving as the chief of staff and minister to the Guinean presidency labeled the MoU as an important stride in digital transformation. The Simandou 2040 program of Guinea represents their objective to use blockchain technology while enabling youth empowerment.
Ultimately, this MoU demonstrates Tether’s dedicated efforts toward developing the blockchain industry in Guinea.
