Ending Soon! Save 33% on All Access

Blockchain For Emerging Markets Rings A Global Bell Venoms strategy to cooperate with emerging markets and developing economies makes good economic sense for both parties.

By Alex Belov

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Venom Blockchain

Venoms strategy to cooperate with emerging markets and developing economies makes good economic sense for both parties.

The unique architecture of Mesh network protocol, resilient consensus and asynchronous blockchain are the right ingredients for Web3 decentralized apps and large scale tokenization projects. Recent impressive performance metrics have attracted significant investment and interest from global entities, including key players in the African continent.

Venom Blockchain distinguishes itself through its ability to deploy multiple blockchains in different markets coupled with an advanced interchain seamless communication system. Within just 24 hours of its launch, the platform attracted over one million users, reflecting the growing demand for scalable and cost-effective blockchain solutions among developers and investors.

Market Confidence and Diverse Projects

The confidence in Venom Blockchain is further evidenced by its robust market performance. With a market capitalization already exceeding $835M and a trading volume surpassing $16.62M, per CoinMarketCap, Venom is not just another player in the blockchain space; it's a significant one.

The platform's appeal is further bolstered by its portfolio of over 20 projects awaiting deployment, highlighting its capability to support a diverse range of Web3 applications.

Investment for Digital Currency Initiatives in Africa

Another major development in Venom Blockchain's journey is the investment from Alpha MBM Investments Group, part of the private investment office of His Highness Sheikh Mohammed bin Maktoum bin Juma Al Maktoum, a member of the Dubai Royal Family. This partnership was a gateway to a series of ambitious digital currency initiatives across Africa.


Alpha MBM Group, known for its expansive portfolio including sectors like mining, aviation, and oil and gas, brings considerable expertise to this collaboration. The recent investment will propel the development of stablecoins, Central Bank Digital Currencies (CBDCs), cryptocurrency exchanges, and real-world asset tokenization in countries like Uganda, Somalia, and the Central African Republic.

A critical aspect of this collaboration is the emphasis on compliance and regulatory approval. The parties involved are committed to operating under the guidance and with the express consent of the Central Banks of the respective countries.

Alex Belov



A 5-Step Business Approach to Dating

This effective marketing strategy will help you find your next romantic relationship.

Thought Leaders

Tony Robbins Reveals the Key to Making Coaching Work For You

No matter what industry, behind most successful entrepreneurs is at least one supportive figure in the form of a coach or mentor who pushed them to their limits.


Why Entrepreneur Stands Against the PRO Act

The Protecting the Right to Organize Act could do lasting harm to the small-business and franchise community.


Parents and Caregivers Say PRO Act Would Harm Their Families

In professions as wide-ranging as truckers and editors, there's fear that the PRO Act's ABC Test would destroy the freedom needed to raise kids and help aging parents.


What Lawmakers Don't Understand About the PRO Act, According to Franchise Owners

Lawmakers are confused about what franchising is, and are threatening the whole business model with a bad bill, experts say.


Women Franchise Owners Fear the PRO Act

Franchising helped them become small business owners, and they don't want to be forced back under the corporate thumb.