The partnership with the Lemon Group represents a significant commitment from the Ugandan government to leverage blockchain technology for economic growth and social empowerment.
Minister Oryem Henry Okello highlighted that tokenizing housing projects could address Uganda's housing challenges, potentially unlocking over 2 billion USD for investments and services.
With tokenization, over 60,000 army homes will be digitized, allowing fractional ownership, thus increasing financial independence and democratizing asset ownership for everyday Ugandans.
Uganda’s strategic resources and position provide a fertile ground for blockchain transformation, with expansive plans including tokenizing various sectors like housing and agriculture.
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