The IOTA East Africa Web3 Innovation Summit was hosted in Nairobi, focusing on addressing real-world challenges in East Africa using Web3 technology.
Blockchain technology is being utilized in Kenya, Uganda, Rwanda, and Tanzania for innovation, with Nairobi emerging as a blockchain adoption hotspot.
Key highlights from the summit include the announcement of IOTA Identity v1.6 Beta, a live demonstration of IOTA's TLIP system, and the launch of the TWIN Foundation to create standards for global trade technology.
The event also discussed upcoming initiatives like the IOTA Moveathon and plans for future editions, with the next one set to be in Malaysia from July 19 to 21.