PANews reported on October 23 that according to Bitcoin.com, the Zanzibar government has launched a blockchain sandbox program to encourage entrepreneurs to test their technology products and position the Tanzanian archipelago as an innovation center. The sandbox program is technically supported by the Xinfin XDC network and designed by Ledgerfi IT Solutions, enabling entrepreneurs to safely test their solutions within the national blockchain network. Zanzibar's sandbox program follows a similar initiative in Tanzania that aims to simplify the regulatory process for fintech startups. Both programs are expected to reduce risks for startups and attract investors.
Zanzibar Government Launches Blockchain Sandbox Program
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