spot_imgspot_img
Tuesday, May 28, 2024

PRESIDENT BOAKAI MEETS WITH GLUWA TO EXPLORE INFRASTRUCTURE ENHANCEMENTS

Date:

Gluwa’s CEO, Tae Oh, humbly met the President of Liberia, Joseph Boakai, to discuss enhancements to Liberia’s financial and internet connectivity infrastructure.

Gluwa, known for its blockchain innovations such as Credal, which powers public blockchain infrastructure, is exploring the possibility of building a Central Bank Digital Currency (CBDC) for Liberia. The initiative would require extensive compatibility with Liberia’s existing mobile money system, as President Boakai recognizes its critical role in Liberia’s digital economy.

President of Liberia. Joseph Boakai pictured with Tae Oh, CEO of Gluwa and Akin Jones, Director of Gluwa.

The discussion extended to address one of Liberia’s most pressing challenges: its slow internet connectivity, which stands as a significant barrier to digital inclusivity, especially in rural areas. To support the overcoming of this challenge, Gluwa proposed the introduction of a satellite-based Internet Service Provider (ISP) specifically designed to extend low-cost internet connectivity to rural areas. Gluwa’s ISP solution also aims to provide the necessary infrastructure to support the complementary usage and accessibility of the country’s CBDC solution, and as a result, enhance overall accessibility to digital financial services across the country.

  • Save

Gluwa’s CEO Tae Oh’s meetings with top officials within African countries serve as humbling opportunities to learn more about each government’s commitment to economic growth and inclusion through technological solutions. Source: ethnews.com

smartnews
Smart News Liberia is an online news outlet and a product of Smart Media Group Inc. Our website, smartnewsliberia.com, covers a broad spectrum of news content. For inquiries or information, you can reach us at 0777425285 or 0886946925, or email us at smartnewsliberia@gmail.com or info@smartnewsliberia.com.

LATEST DEVELOPMENT

ALLEGATIONS OF CORRUPTION SURFACE IN BOAKAI GOVERNMENT’S INFRASTRUCTURE EQUIPMENT DEAL

MONROVIA – A staunch supporter of President Joseph Nyuma...

INVESTIGATION REVEALS POSSIBLE FRAUD IN US$25 MILLION FOREX INFUSION BY PREVIOUS CDC GOVERNMENT

MONROVIA, LIBERIA – A recent investigation has uncovered significant...

HASSAN BILITY RESPONDS TO ACCUSATIONS OF MANIPULATING WITNESSES IN WAR CRIMES CASES

MONROVIA, LIBERIA – Hassan Bility, Executive Director of the...

EXECUTIVE MANSION’S SILENCE ON DEAL WITH BUSINESSMAN ROBERT GUMEDE UNDER FIRE

MONROVIA — In a controversial move that has left...

PRESS SECRETARY KULA FOFANA’S UNPROFESSIONAL CONDUCT DEMANDS IMMEDIATE ACTION

The recent turmoil between the reporters assigned to the...

ENSURING ACCOUNTABILITY AND IMPACT IN PRESIDENT BOAKAI’S FIRST CABINET RETREAT

Today marks the commencement of the Unity Party administration's...

URGENT ACTION NEEDED: ADDRESSING THE SEWAGE CRISIS IN CENTRAL MONROVIA

The ongoing issue of sewage leaking into the streets...

PRES. BOAKAI’S LEADERSHIP UNDER SCRUTINY AMID CENTRAL BANK OF LIBERIA CORRUPTION SCANDAL

The recent revelations of large-scale looting at the Central...

COMMENTARY

THERE SHOULD BE NO BIG DEAL WHEN A GOVERNMENT DOES WHAT IT WAS ELECTED FOR…

A Patriot's Diary  With Ekena Nyankun Juahgbe-Droh Wesley  President Joseph Boakai's...

EVALUATING THE IMPACT OF THE UNITY PARTY GOVERNMENT’S 3-DAY RETREAT

As the Unity Party administration, under President Joseph Nyuma...

PRESIDENT BOAKAI ADDRESSES LOOMING RICE PRICE HIKE WITH KEY STAKEHOLDERS

In response to growing concerns regarding the potential surge...

 NATIONAL UNIFICATION DAY: REFLECTING ON LIBERIA’S JOURNEY TOWARDS UNITY

National Unification Day in Liberia, celebrated on May 14th,...

LATEST NEWS

LIBERIA: SENATOR EDWIN SNOWE WELCOMES WAR AND ECONOMIC CRIMES COURT BUT…

MONROVIA – In a recent interview with Spoon Talk,...

BOAKAI’S MAN KONNEH BASHED OVER CALL FOR LIBERIANS TO MANAGE THEIR EXPECTATIONS

MONROVIA – President-elect Joseph Boakai’s right-hand man and confidant, former...

Share post:

EXCLUSIVE INTERVIEW

OPINION

LACK OF TRANSPARENCY IN UP-LED GOVERNMENT’S DEAL RAISES SERIOUS CONCERNS

In a shocking and controversial move, the Unity Party...

THE PERILS OF PRAISE SINGING: HOW JOURNALISTIC INTEGRITY IS ESSENTIAL FOR ACCOUNTABILITY IN LIBERIA

Journalists play a crucial role in holding public officials...

AN OPINION: COMMENDING THE EMBASSY OF SWEDEN, SIDA, AND CENTAL FOR CHAMPIONING ANTI-CORRUPTION EFFORTS IN LIBERIA

An Opinion By Socrates Smythe Saywon The recent one-day Anti-corruption...

AN OPINION: ADDRESSING BRIDGE INTERNATIONAL ACADEMIES’ DEVASTATING IMPACT ON EDUCATION

An Opinion By Socrates Smythe Saywon The presence and operations...

THE GALLERY

spot_imgspot_img

MORE ARTICLES

spot_imgspot_img

MORE NEWS

LATEST DEVELOPMENT NEWS

LATEST CRIME NEWS

Share via
Copy link