The Chamber, in collaboration with our member, VX Technologies, on August 25, 2022, hosted an event on Ghana’s Future on Blockchain, introducing VXT’s cutting-edge credentialing technology to Ghana.
Speakers at the event included AmCham Ghana President, Ayesha Bedwei Ibe, President of VX Technologies, Justin Pauly, AmCham Ghana Executive Secretary, Simon Madjie, Commercial Officer at the U.S. Embassy in Ghana, Laurie Kelleher, and Managing Director at Cargill Ghana, Aedo van der Weij, who stated that it is hard to effect changes in already established systems and that it wasn’t a coincidence that Mobile Money was invented in Africa. “It never would have been possible to invent that in the U.S. or Europe,” he added.
VXT is a fast-growing Verified Record (VR)™ on Blockchain company that provides secure certificates at a low initial purchase price and low recurring costs. The company operates globally from its base in the United States, and according to its President, Justin Pauly, the company is excited to establish its African headquarters in Ghana. “I think Ghana has a bright future with respect to blockchain technology. It’s very important for businesses to work with blockchain to effect changes in their operations,” he added.
VX Technologies’ products reach every facet of life that needs to be verified, and verification is verifiable anywhere there is the internet. The opportunities for verification range from personal achievements in education and professional credentials to your vaccination status or prescriptions.
VXT recently joined AmCham Ghana, and Chamber’s Executive secretary, Simon Madjie, during his remarks, reiterated the Chamber’s commitment to strengthening economic relations between Ghana and the United States. “Today is one of those days where our everyday work comes to fruition, which is promoting U.S. business here (Ghana). VTX, a U.S. company, and what they are bringing onto the Ghanaian market gives us such an opportunity to bring to the fore the importance of working with companies from the U.S. And it is not just working with them but they are here to transfer technology, work with locals, pay taxes and improve the lives of many Ghanaians,” he stated.
The company provides the technology to instill trust where it has been lacking and aims to overcome problems that seemed impossible to solve before blockchain. Its records are immutable and sanctioned by a government and or governing body to instill trust in individuals, providers, and the societies that they serve.
They are focused on promoting individual sovereignty by providing products that enable you to have a record of your life. Your credentials, certifications, treatments, and more should be usable as you see fit, as well as public sovereignty, by ensuring the credentials or status of anyone can be verified at all times. Whether you want to secure someone’s vaccination status or professional credential, you should be able to anywhere and for free.
VXT chose to tackle global trust markets for two reasons. First, billions of people worldwide face issues related to the authenticity and availability of records. Second, they are solvable on both technological and financial scales with blockchain.