#AroundTheBlock looks to educate South African entrepreneurs about the blockchain

The Blockchain Entrepreneurs Club South Africa (BECSA), an organization which aims to grow the cryptocurrencies ecosystem in South Africa through education and networking, will be hosting its first ever event on 12 June 2018 in Johannesburg, South Africa. Titled #AroundTheBlock, the event will be an evening of "leading presentations, discussions and networking; aimed at all levels of knowledge encompassing blockchain and entrepreneurship" according to the organizers.

Around the block Johannesburg South Africa
Around the block, 12 June 2018.

"Blockchains have been in use for just under ten years, but have had massive, global impact in that short time. Although cryptocurrencies like Bitcoin are currently regarded as their 'killer apps', a tsunami of new use cases and innovative applications is arriving. Blockchains are now poised to significantly transform or completely disrupt industries as diverse as healthcare, identity, music and real estate, and almost everything in between," said Aatish Ramkaran, Director at BECSA.

BECSA's inaugural #AroundTheBlock event is sponsored by Blink, Standard Bank South Afruca, and it is being held in partnership with The Festive Collective. The organizers have also stated that a significant portion of the proceeds from the event will be donated to their chosen "impact hero", Molo Mhlaba.

"Like most emerging technologies, blockchains can be intimidating and confusing, and separating hype from reality is not easy. #AroundTheBlock will take you on a tour of the technology and focus on the real world applications and opportunities it is providing," said Ramkaran.

The event comes at a time when the bad press around Bitcoin was at center focus in South Africa. Just recently during May 2018 a young South African boy was kidnapped (and later found unharmed) and the kidnappers left a Bitcoin ransom note demanding 15 Bitcoins before releasing the boy. The incident led many to speculate that criminals favor Bitcoin because it is untraceable.

For more information about the event or to buy tickets, visit the #AroundTheBlock page.

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