NAIROBI, Kenya- When Nairobi hosted part of the Cardano Constitutional Convention, it wasn’t just about the blockchain—it was about rewriting the playbook for decentralized governance.
The three-day global event, held simultaneously in Nairobi, Kenya, and Buenos Aires, Argentina, brought together delegates to define Cardano’s future.
With Africa taking a prominent seat at the table, this convention underscored the continent’s growing influence in blockchain innovation.
The convention, hosted by Intersect, a key organization within the Cardano ecosystem, in partnership with Input Output, gathered 120 delegates from across the globe.
Impressively, 20pc of these delegates hailed from Africa, reflecting the continent’s integral role in shaping Cardano’s governance framework.
This inclusive event followed a rigorous selection process, with representatives chosen from over 1,200 participants across 60 workshops held in 50 countries. The goal? To ensure voices from regions poised to benefit the most from blockchain technology were front and center.
Charles Hoskinson, Cardano co-founder and CEO of Input Output, highlighted Africa’s pivotal role in the blockchain revolution.
“Nearly a decade ago, we began building Cardano with the vision of creating a resilient and inclusive system. Today, that vision is coming to life,” said Hoskinson. “Africa stands to gain immensely from blockchain’s potential to drive financial inclusion and create a more equitable future.”
At its core, the convention aimed to establish foundational governance principles for Cardano. This includes creating a constitution through a community-driven, decentralized process, emphasizing inclusivity and sustainability.
Cardano’s governance model is ambitious, incorporating decentralized representatives (DReps), an on-chain voting mechanism, and a decentralized treasury. These features represent a significant step forward in redefining how blockchain ecosystems are governed.
Jack Briggs, Intersect’s Ecosystem Director, underscored the importance of Africa’s participation.
“Hosting part of this convention in Nairobi demonstrates our commitment to Africa. The region’s talent and innovative spirit are central to shaping Cardano’s future,” said Briggs.
Africa’s growing embrace of blockchain is no accident. Economic challenges such as financial exclusion, inflation, and limited infrastructure have created a demand for transformative solutions.
Blockchain technology, with its potential to provide affordable and inclusive financial systems, offers a lifeline.