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Expansion of Jay-Z and Jack Dorseys Company Aims to Cultivate Bitcoin Talent in Africa

Expansion of Jay-Z and Jack Dorseys Company Aims to Cultivate Bitcoin Talent in Africa

The Birth of Btrust Builders Program: Empowering African Bitcoin Talent

Imagine a world where Africa becomes a hub for Bitcoin and Lightning development. Thanks to the recent acquisition made by Btrust, a non-profit organization co-founded by rapper Jay-Z and Block CEO Jack Dorsey, this vision is now a step closer to reality. Btrust has acquired Qala, a renowned Bitcoin talent company, and transformed it into the Btrust Builders Program.

The purpose of this synergistic acquisition is clear – to advance Bitcoin development in Africa. Btrust, armed with its financial resources, recognized the need for a structured talent pipeline, which Qala had successfully built. On the other hand, Qala, as a social enterprise, lacked the sustainable resources to achieve its goals. Previously, funds came from grants provided by organizations like Coinbase Giving and the Human Rights Foundation.

With this acquisition, Qala’s CEO, Femi Longe, and program manager Stephanie Titcombe, will now join Btrust as program leads for the Btrust Builders program. This program will focus on open-source training, inviting senior African software developers to participate in Bitcoin and Lightning development.

Hot Take: Btrust’s Bold Step in Decentralizing Bitcoin Development in Africa

By acquiring Qala and establishing the Btrust Builders Program, Btrust has shown its commitment to decentralizing Bitcoin development in Africa. Its strong financial backing combined with Qala’s structured talent pipeline will pave the way for Africa to become a prominent player in the world of Bitcoin and Lightning. This strategic move not only empowers African software developers but also contributes to the global growth and adoption of cryptocurrencies.

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Expansion of Jay-Z and Jack Dorseys Company Aims to Cultivate Bitcoin Talent in Africa