This is a treasury proposal whose proposer address (12VjnvYTny9cbR329BEYKuS34zzxjPuBUrU9F9p4ZyWTDCXW) is shown in on-chain info below. Full proposal can be found [here](https://docs.google.com/document/d/10Wt_FDSIej83ONO75SXs0Ggon9YJJGYMSCbFWFWAX4s/edit?usp=sharing).

Pendulum hosted an event in Dar es Salaam, Tanzania to build a vibrant Polkadot community in Africa. The event featured a panel discussion titled "Navigating the World of Decentralized Finance," which focused on how SMEs can leverage Polkadot and stablecoins for financial independence. Highlights of the event include:

- Live demonstration of cross-border payments using Pendulum blockchain and one of ClickPesa's stablecoins, showcasing the potential for blockchain technology to revolutionize the financial industry in Africa.

- The event introduced Polkadot to the Tanzanian community, covering cross-border payments, stablecoins, and how they can potentially solve some of the current challenges of cross-border payments in Tanzania.

- The event fostered collaboration and partnerships between attendees and ecosystem teams. 

- Interactive sessions on the future of blockchain technology in Africa.

- Networking opportunities with industry professionals and enthusiasts.

The event was hosted by Pendulum and the Eventbrite link can be found [here](https://www.eventbrite.com/e/stablecoins-the-future-of-sme-finance-tickets-585695620367).


**Problems to solve:** The blockchain industry has been growing rapidly in recent years. More and more businesses and individuals are looking to embrace technology to increase their financial independence and take control of their assets. However, the complex and constantly-evolving nature of these technologies can make it challenging for newcomers to navigate the space.

**Proposed Solution:** We are proposing an educational meetup focused on Polkadot and stablecoins in partnership with Pendulum and ClickPesa. The event aims to inform Small and Medium-sized Enterprises (SMEs) and crypto communities about the latest developments in decentralized finance.

During the meetup, attendees learned about the benefits of stablecoins, as well as a deep dive into the Polkadot ecosystem and its potential use cases for SMEs. We also showcased a new TZS stablecoin, allowing businesses and individuals to trade easily, stake, earn yield, and send cross-border payments.

**Panel Topic:** Navigating the World of Decentralized Finance: How SMEs (Small and Medium-sized Enterprises) Can Leverage Stablecoins on Polkadot for Financial Independence.

**Expected outcome:** We expect this meetup to have a positive impact on the local business community and help to foster greater understanding and adoption of blockchain technology.

**Conclusion:** We believe this educational meetup will be a valuable and informative experience for all attendees, and we are confident that it will contribute to the growth and development of the blockchain industry. Therefore, we request funding from the treasury to cover the costs of organizing and hosting this event. Thank you for your consideration.

Please see the Success Metrics and Targets report [here](https://docs.google.com/document/d/1fI0H8oWw6zZ4fTaknCshnG_BpGytaSIW/edit).
Please see invoices [here](https://drive.google.com/drive/u/0/folders/11Sl8LeMkpIN74rweygOb8sSGTlHjkAWJ).

A folder that has all the documents combined (proposal + success metrics report + invoices) --> please find it [here](https://drive.google.com/drive/u/0/folders/1ZTtTWBTR-Ss7WieRi6atnxMQW2idkBQg).

amount

beneficiary

- Pendulum hosted an event in Tanzania to build a Polkadot community in Africa.
- The event focused on decentralized finance and how SMEs can use Polkadot and stablecoins for financial independence.
- There was a live demonstration of cross-border payments using blockchain technology.
- The event introduced Polkadot to the Tanzanian community and fostered collaboration and partnerships.
- The proposal is requesting funding from the treasury to cover the costs of organizing and hosting the event.

#254 Panel for SMEs and Crypto Communities on Polkadot and Stablecoins

No Active Proposals