For Immediate Release. May 9, 2018. Seattle, Washington. Blockcerts International, the blockchain platform created by Finaeos.com to deliver authentication, smart contracts and transaction streaming for business, announced today it has opened the doors to the African Continent and India through Mauritius. BlockCerts will be supporting blockchain initiatives for these key markets in association with Mauritius-based Rogers Capital, the Fintech arm of the Rogers Group, whose history dates back to 1899. Rogers has been providing services in fintech, logistics, property and hospitality in major market sectors through over 4,500 people in 53 offices across 12 territories.
Mauritius is located in the Indian Ocean off the African continent. It is known as a financial and economic hub recently signing, along with 44 other African countries, the African Continent Free Trade Agreement signed on March 21, 2018, which “gives birth to the largest free trade area since the World Trade Organization which was formed in 1995.” (Africanews 21 March 2018).
“This is an exciting step for BlockCerts. Through our operations in Mauritius and working with the team of Rogers Capital, we will be bringing new blockchain innovation and infrastructure functions, to generate new opportunities for growth, inclusion, and advantage to the African population businesses, and governments as blockchain evolves to serve the combined population 1.3 billion people,” said Founder Timothy Vasko, Chief Architect of BlockCerts.
Mauritius is recognized as a financial hub in Africa and the surrounding region, with Foreign Direct Investment (“FDI”) in neighboring India, topping over 1/3 of India’s FDI at $15.7 billion 2016-2017. The World Bank has ranked Mauritius as the easiest African Country in which to do business – boasting an investment grade ranking according to Reuters.
Mauritius is aggressively seeking to continue to build their country and economic model to become what has been described as the “Singapore of Africa”. According to the Financial Times, “the island nation aims to reinvent itself as a hub for global investors in Africa, with both China and India as its key partners.”
“We are excited to begin operations with Rogers Capital, as the market potential for building blockchain infrastructure is massive when considering the 2.5 billion people who are seeking new inclusion and opportunity in supply chain, payments and fintech, which can all be served on the BlockCerts blockchain” said Vasko.
“BlockCerts’ sister companies have been incorporated and operated in India for key technology for half a decade. We have had major success in India already, and we are very committed to advancing in the region as a provider of our technology platforms. This area is committed to becoming a world force, improving the lives of millions, and enhancing trade and transparency through blockchain. We couldn’t more excited to bring BlockCerts forward with our partners from Mauritius.” Vasko added.
“We are very pleased to have the involvement of BlockCerts with Rogers Capital in bringing blockchain to our Corporate, Technology and Financial services – while we continue on the path to pursue new opportunities. The Rogers Group has been operating for over a century in its markets. Blockchain is the next big wave that will propel the world stage forward. We are committed at Rogers Capital, to be a leader at the head of the surf with BlockCerts to power our blockchain initiatives.” Said Kabir Ruhee, Rogers Capital Chief Executive Officer