The residents of Agona Bodomase in the Ashanti region have benefitted from Hive blockchain empowerment initiative.
This, was part of their intentions to assist and empower communities all around the globe with portable drinking water as It is a decentralized platform dedicated to improving people’s lives via the hive ecosystem.
The chief of Agona Bedomase Nana Obeng expressed heartfelt thanks to the hive ecosystem for providing potable drinking water to his town.
“We salute the hive ecosystem today as a blockchain platform that has delivered a well-equipped borehole to a Ghanaian community”, he added by expressing his profound gratitude.
It is crucial to note that Agona Bedomase is the second town in Ghana to benefit from the hive ecosystem’s (hive.io) multiple empowering initiatives to help change people’s lives and provide them with a better living.
Ghana is ecstatic to be experiencing blockchain technology that not only empowers communities but also helps to change people’s lives via empowerment programs.
Hive is a decentralized information-sharing platform that also includes a blockchain-based financial ledger based on the Delegated Proof of Stake (DPoS) protocol.
It offers a wide range of information-sharing applications. A variety of dapps, APIs, and front-ends contribute to the Hive blockchain’s data accessibility and also designed to store massive volumes of material and instantly make it accessible for time-based monetization. Social media with financial incentives for content providers, interactive games, identity management, polling systems, and micro-loans are some examples of application cases.
The blockchain’s efficacy is expected to increase as the currency and platforms become more widely used as it is poised to become one of the key blockchain technologies used by people worldwide by combining lightning-fast processing rates and fee-free transactions.