• This forward-thinking initiative will bring together African authorities with world experts in blockchain and tokenization.
  • COTI will help advance blockchain and AI at the local level as one of the leading suppliers of blockchain infrastructure.

In order to promote blockchain and artificial intelligence adoption across Africa and the Middle East, COTI is pleased to introduce the Africa Tokenization Council, which was established in collaboration with strategic partners. In order to increase investment in innovation across its focal areas, this forward-thinking initiative will bring together African authorities with world experts in blockchain and tokenization.

Due to an increase in tech-savvy people and their growing interest in digital assets, African nations are becoming more and more visible on the international scene. Through a series of symposiums centered on the collaborations, regulatory channels, practices, and investments necessary to support a flourishing tokenization ecosystem across the MENA region and larger Africa, the Africa Tokenization Council will bring together leaders, investors, and practitioners. This effort intends to create the bridges required to draw multilateral international investment and hasten the feasibility of RWA and tokenization in the region by working together on the standards and pathways that allow for the perfection of ownership and modernization of regulatory structures. 

Vast Market Potential

Investors and the RWA and tokenization sector as a whole stand to gain greatly from the economic climate, the rise of technically sophisticated and fintech-minded start-ups, and regulatory reforms in MENA and wider Africa. Together, Africa and the larger MENA region have a GDP of over $5 trillion and a track record of embracing mobile, fintech, and cryptocurrency before more established economic contexts.

The Africa Tokenization Council maintains that the same leapfrogging pattern will continue in the RWA and tokenization space because of the direct participation of high-level figures (government, investors, and practitioners), esteemed Saudi Arabian leadership, COTI leaders, and state-of-the-art compliant privacy technology.

Dr. Mansour Almalik has over 23 years of experience in academia and government, and he has a Ph.D. in Petroleum Engineering from Texas A&M University. He represented Saudi Arabia in the UN Science and Technology Committee and was Senior Advisor to the Saudi Ministry of Petroleum and Mineral Resources. Dr. Almalik is the chairman of the Attwar Group, a holding firm with a variety of interests in artificial intelligence, fintech, and energy.

Alaa Bishara is a crypto investor and entrepreneur who has a solid background in conventional real estate and a great passion for digital innovation and blockchain. He has a wealth of expertise managing high-net-worth clients’ portfolios and has effectively connected the financial services, fintech, and real estate sectors. Real World Asset (RWA) tokenization, a field that combines his experience and forward-thinking outlook, is the result of his passion for blockchain technology. He is promoting the use of digital technology across a range of initiatives by means of strategic partnerships with top blockchain developers, with the goal of enhancing economic freedom and opening up new financial possibilities globally.

As members of the Africa Tokenization Council, Dr. Mansour and Mr. Bishara join COTI’s Chief Ecosystems and Partnerships Officer, Joshua Maddox, and CEO, Shahaf Bar-Geffen.

Tokenized Africa Council Global Events Schedule

In order to establish direct channels between blockchain initiatives of the African government, international investors, and technical specialists, the Africa Tokenization Council will begin this year with a series of strategic symposiums and roundtables.

A wide range of stakeholders will be gathered at the Council’s activities, including:

  • Innovative professionals working to promote tokenization’s use in order to increase financial inclusion and economic progress.
  • Regulators, legislators, and government representatives are investigating blockchain integration.
  • Local and national investors with experience looking for possibilities in tokenized assets in African markets
  • Blockchain developers and technical implementers, such as COTI’s tokenization projects’ technological infrastructure.
  • Distribution channels help tokenized assets spread and be used in a variety of industries. 

The results and conclusions of the Africa Tokenization Council events will be examined, evaluated for risk, and disseminated to all relevant parties in order to create strategic investments and advance the real-world application of blockchain and tokenization projects.

COTI: A Core Infrastructure Provider for the Africa Tokenization Council

COTI will help advance blockchain and AI at the local level as one of the leading suppliers of blockchain infrastructure. Due to COTI’s unique capacity to deliver compliant “Privacy on Demand,” it can be inclusive, embracing and encouraging other well-known blockchains, including their partners and suppliers, to participate.

For blockchain and AI-driven projects, COTI provides a quick, lightweight, and scalable privacy layer. Real-world asset (RWA) adoption has often been hampered by worries about data privacy and regulatory compliance, but its cutting-edge privacy technology offers on-chain, permissioned privacy that directly tackles these difficulties.

Real-world assets, which include infrastructure, financial instruments, and natural resources, make up a multi-trillion-dollar portion of TradFi that is being progressively transferred on-chain. Institutions have been reluctant to deploy on blockchain , nevertheless, in the absence of strong confidentiality safeguards. Public blockchains’ openness presents compliance challenges for businesses that need to protect user privacy. 

By offering permissioned privacy, COTI fills this gap by enabling authorized entities to get the required compliance and reporting data without disclosing private information on-chain.

But the real game-changer is the size of tokenization initiatives that may be developed with key blockchain partners and COTI’s infrastructure. Supporting national infrastructure tokenization, which by definition functions at the scale of national economies, is the goal of the African Tokenization Council. In the next age of economic digitalization across MENA and wider Africa, COTI’s infrastructure stands to play a crucial role by developing blockchain-powered transparency and efficiency at this level.

Institutions require privacy in order to use blockchain in a significant manner. Scaling tokenization initiatives need complete privacy and integrated identity solutions, as JP Morgan has recently pointed out , and COTI can provide both.