The Blockchain Association of Uganda is a membership organization that consists of individuals and organizations that are interested in promoting blockchain-related technologies and capabilities. This is done by making blockchain related resources available to government and public-sector consumers.
Blockchain Association of Uganda (BAOU) encourages efficiency and promotes high ethical standards of business among its members in matters touching the use, regulation, transfer, remittance or other management and exchange of cryptocurrencies, and in so doing to deal with any parties and authorities in performance and fulfilment of the objectives of the Association.
We facilitate business leaders, educators, policy-maker, institutions and citizens in using of globally accepted, industry-leading knowledge and practices for blockchain technologies, cryptocurrencies and any related technologies.
The Blockchain Technology is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Blockchain is an Internet protocol and open source software platform for individuals, Business, developers and enthusiasts. It’s a platform which enables a digital and decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network. This allows the participants to verify and audit transactions inexpensively.
Blockchain database is managed autonomously using a peer to peer transaction network and payments.