The Bank of Sierra Leone (BSL) has entered into a partnership with Proto Gold in an effort to kick-start a national blockchain strategy.
According to the BSL, what this would mean for the overall economy and for Sierra Leoneans bring widespread transparency and fairness to all aspects of the financial system while ensuring that this program streamlines the many facets of people’s economic lives in order to create good, high-paying jobs within the new and developing blockchain industry.
Meanwhile, with the introduction of blockchain in partnership with Proto Gold DAO , the BSL says it is looking forward to learning more about Proto Gold DAO’s suite of highly secure and audited blockchain applications.
Speaking to some staff at the BSL, they mentioned that they are very optimistic that with Proto Gold DAO, the work of the bank would not only be more effective once it is rolled out, but would also encourage genuine Sierra Leonean entrepreneurs and innovators to do more in the area of raising seed capital to carry out their businesses with support from the BSL.
Another staff revealed to this press that they are more than happy over the action of the Bank’s management to sign such an agreement with Proto Gold DAO as this will help them greatly to achieve their tasks on time and called for a speedy roll-out of this new innovation.
SEE PRESS RELEASE
Proto Gold DAO Partners with Central Bank of Sierra Leone
The Republic of Sierra Leone embraces a national blockchain strategy in collaboration with Proto Gold.
The Central Bank of Sierra Leone is pleased to announce that we have partnered with Proto Gold, a globally community-driven charitable blockchain technology provider, to help bring mainstream blockchain technology to all the people of our great nation, the Republic of Sierra Leone.
The central promise of blockchain technology is to bring widespread transparency and fairness to all aspects of the financial system. This program aims to streamline many facets of our people’s economic lives and create good, high-paying jobs within our newly developing blockchain industry.
With this in mind and after an extensive vetting process of Proto Gold DAO, we are pleased that it has resulted in a collaboration to explore the development of a suite of fast, reliable, and transparent blockchain solutions designed to work seamlessly throughout the financial sector.
We are very interested to learn more about their suite of highly secure and audited blockchain applications, such as ProtoLaunch, that could help honest Sierra Leonean innovators and entrepreneurs raise seed capital transparently and safely on the blockchain. ProtoSwap as a means to create a liquid market, and ProtoLock to ensure lock up and vesting periods on team allocations, supply distributions, and locked liquidity pools with absolute verifiable transparency on the blockchain to minimize the risk.
Finally, we are keen to learn more about Proto Gold’s innovative on-chain Governance model – Proto Gold DAO (LAW), and we are exploring how we can implement it throughout the Sierra Leonean population.
Proto Gold DAO represented and uses a Decentralized Autonomous Organizational (DAO) structure to conduct its affairs. Proto Gold’s DAO’s efforts closely align with the spirit of the technologies they are developing and our shared objective of increasing efficiency and inclusiveness in as many facets of our national financial infrastructure as possible.
We look forward to taking our place on the world stage as a people at the forefront of this innovative technology.
