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ITMore Africa NewsRwanda: ICT Ministry to allocate part of its 2020 budget to blockchain projects

December 17, 2019by myles

Last week, at a monthly meeting with the Rwanda Blockchain Community, Paula Ingabire, the Rwandan minister of ICT and Innovation, said that part of the department’s next budget will be allocated to new technology projects such as blockchain. Robotics or artificial intelligence (AI), big data projects will also benefit.

The investment announced by Paula Ingabire is provided for in the plan, “Emerging Technologies Policy and Strategy”, developed by the government of Rwanda to make new technologies of the fourth industrial revolution an engine of national socioeconomic growth.

The minister said that “blockchain, like all the technologies of the fourth industrial revolution, is one of the areas that we strongly support as a government.” According to her, the blockchain will transform in the near future many important sectors, including healthcare, tourism, land registration, agriculture, value transfer, supply chain, art and fashion. , transport and logistics, finance, and will contribute to better public management.

For over a year now, the government of Rwanda has been gradually taking over the blockchain to make it a tool for good governance. Last year, he initiated a project to monitor tantalum from the pit to the refinery. The National Bank of Rwanda and the Rwanda Public Services Authority (RURA) have also established a Sandbox – an IT security mechanism – around the blockchain to test technology on public services.

Source: Agence Ecofiin