[2015-06-12] South Africa Gets its Very Own Bitcoin Incubator

[tyz]

The Cape Innovative and Technology Initiative (CiTi) has announced the launch of South Africa’s very first Bitcoin incubator, the BitHub.

The non-profit innovation group, known for its impeccable contribution in accelerating technology startups in South Africa, believed that it was time for inspiring innovators — coders, entrepreneurs, investors, etc. — to collaborate and build futuristic Bitcoin applications. According to Ian Merrington, the CEO of CiTi, they always wanted to create a private physical space — an incubator — to foster ideas that are particularly pitched to improve upon the current finance system.

http://coinyoo.com/2015/06/12/south-africa-gets-its-very-own-bitcoin-incubator/

[Kaneki]

maybe South Africa can fostering a new era of innovations in Bitcoin and digital currency sector.

[tyz]

There have been founded several bitcoin incubators all over the world over the last months. So, its not a South African thing. But, as far as i know, it is the first one in Africa.

maybe South Africa can fostering a new era of innovations in Bitcoin and digital currency sector.

[Kprawn]

Just when I thought that part of the world is stuck in the dark ages with fiat, something like this is launched.

I use South Africa as a stop over, when I travel to other African countries for work, and last time I was there, it had very little innovation and access to Bitcoin services for a 1st world country. {Well acctually a mix between 1st and 3rd world}

They have huge potential for Bitcoin growth. {We have seen some great minds coming from there... example : Elon Musk/Tesla}