Software developer Compulynx invest Sh30m in blockchain deal with US tech firm

KENYA – Kenyan-based global software developer, Compulynx, has invested Sh30 million (US$297000) into a partnership with a US tech firm, Chainworks Inc, to develop a blockchain-based technology firm. According to a report by Business Daily, the new firm, Chainworks Africa, to be based in Nairobi will be hiring IT professionals with software development background who will be trained in domestication of blockchain. Sailesh Savani, chief executive of Compulynx, said that the investment will enable Kenyan firms benefit from blockchain technology. “We are investing in this venture to facilitate Kenyan public…

Read More