<div dir="ltr"><div class="gmail_default" style="font-family:georgia,serif">Dear all</div><div class="gmail_default" style="font-family:georgia,serif"><br></div><div class="gmail_default" style="font-family:georgia,serif">A few months ago KICTANet embarked on putting together a Policy Brief for Blockchain Technology in Kenya. Please find attached the document that is a result of your interactions and a validation meeting that took place which involved various stakeholders from the private sector and government.</div><div class="gmail_default" style="font-family:georgia,serif"><br></div><div class="gmail_default" style="font-family:georgia,serif">I would like to thank everyone who took part in this exercise. I would be remiss if I didn't also single out the CS for ICT, Mr. Joe Mucheru who mobilized his team to contribute vigorously to this exercise. </div><div class="gmail_default" style="font-family:georgia,serif"><br></div><div class="gmail_default" style="font-family:georgia,serif">Thank you all. Feel free to make your comments and add on to it as we move along. We consider this a live document and hence will be updating it every quarter as required as developments in the Blockchain space continue to evolve rapidly. For example since we met and published this document a number of events have taken place. To mention just a few:-</div><div class="gmail_default" style="font-family:georgia,serif"><br></div><div class="gmail_default" style="font-family:georgia,serif">1. Bitcoins passed the $4000 mark for the first time since<a href="https://en.wikipedia.org/wiki/Satoshi_Nakamoto"> Satoshi Nakamoto</a> first penned the now famous <a href="https://bitcoin.org/bitcoin.pdf">Bitcoin: A Peer-to-Peer Electronic Cash System</a>.</div><div class="gmail_default" style=""><span style="font-family:georgia,serif">2. <a href="https://en.wikipedia.org/wiki/Initial_coin_offering">ICOs</a> have become all the rage. T</span><font face="georgia, serif">he Initial Coin Offering <span style="font-size:14px"> is an unregulated means of crowdfunding</span><span style="font-size:14px"> via use of cryptocurrency.</span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px">3. The <a href="https://www.washingtonpost.com/world/europe/imf-chief-tells-central-bankers-to-not-ignore-bitcoin/2017/09/29/e156f6dc-a515-11e7-b573-8ec86cdfe1ed_story.html?utm_term=.44c020de2d44">IMF Chief</a> declares that cryptocurrencies will overshadow mainstream banking in the near future.</span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px">4. Japan and Russia move to<a href="https://www.cnbc.com/2017/04/12/bitcoin-price-rises-japan-russia-regulation.html"> legitimize cryptocurrencies</a>.</span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px"><br></span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px">And the list goes on and on..</span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px"><br></span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px">Feel free to critique, add, disagree and generally contribute to this document.</span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px"><br></span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px">Happy Reading!</span></font></div><div class="gmail_default" style=""><font face="georgia, serif"><span style="font-size:14px"><br></span></font></div><div><div class="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><p style="margin:0in 0in 0pt"><b><font face="georgia, serif" size="2">Ali
Hussein</font></b></p><p style="margin:0in 0in 0pt"><b><font face="georgia, serif" size="2">Principal</font></b></p><p style="margin:0in 0in 0pt"><font face="georgia, serif" size="2"><b>Hussein & Associates</b></font></p><font size="2">

</font><p style="margin:0in 0in 0pt"><font size="2"> </font></p><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><span>T<font size="2">el: +254 713 60<font size="2">1113</font></font><br></span></span></font></p><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><span>Twitter: @AliHKassim</span><span></span></span></font></p><font size="2"><span style="font-family:georgia,serif">

</span></font><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><span>Skype: abu-jomo</span></span></font></p><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><span>LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/alihkassim</a></span><a href="http://ke.linkedin.com/in/alihkassim" target="_blank"><span style="color:windowtext;text-decoration:none"></span></a></span></font></p><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><br></span></font></p><p style="font-size:small;margin:0cm 0cm 0.0001pt;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:9pt;font-family:georgia;color:black">13th Floor , Delta Towers, Oracle Wing,</span><span style="font-size:9.5pt;font-family:arial"></span></p><p style="font-size:small;margin:0cm 0cm 0.0001pt;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:9pt;font-family:georgia;color:black">Chiromo Road, Westlands,</span><span style="font-size:9.5pt;font-family:arial"></span></p><p style="font-size:small;margin:0cm 0cm 0.0001pt;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:9pt;font-family:georgia;color:black">Nairobi, Kenya.</span></p><font size="2"><span style="font-family:georgia,serif"><span><br><font size="1">Any information of a personal nature expressed in this email are purely mine and do not necessarily reflect the official positions of the organizations that I work with.</font></span></span></font><span style="font-family:"Baskerville Old Face",serif;font-size:11pt"></span><span style="font-size:11pt"></span>

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