Always more innovation in Nigeria thanks to Bitcoin (BTC)

Although it is the largest economy on the African continent, the federation of Nigeria still encounters difficulties in ensuring the satisfaction of certain basic needs of its population. In this regard, sustainable and equitable access to drinking water remains a major challenge. More than 86% of the more than 200 million inhabitants do not have access to a source of safe drinking water. The Built With Bitcoin foundation, which is involved in humanitarian work, particularly in disadvantaged regions, has decided to provide a solution to this problem, if only on a small scale.

Water and bitcoin (BTC) training

Faced with the difficulties of access to water in the village of Igbaruku located in the State of Kogi, in northern Nigeria, the Built With Bitcoin foundation initiated and completed last May a project to build a borehole. drinking water, capable of meeting the water demand of 1,000 people.

The construction of the infrastructure required an investment of 6,000 dollars, mobilized in BTC and provided by the donors of the foundation. These include the flagship crypto daily, Bitcoin Magazine and its parent company, BTC Inc.

Until then, the population of this village was forced to travel several kilometers to get supplies at a water point which is not of good quality. In addition, the water consumed for several years by the inhabitants of Igbaruku led to the permanent appearance of various health problems. In addition to the quality of life, the unavailability of water affects the academic performance of learners and poses security problems for local women and children.

“At the Built With Bitcoin Foundation, we work around the world to provide communities with clean water, access to quality education, sustainable agriculture and humanitarian support, all thanks to Bitcoin (…) Thanks to the donations collected (…), this community in Nigeria has a new water system that keeps them hydrated and healthy, allowing them to thrive in school, work and life”commented Yusuf Nessary, co-founder and director of philanthropy at Built With Bitcoin.

It should be noted that throughout the construction of the water system, local populations were trained in the local language, on BTC and financial inclusion.

After participating in September 2021, alongside Paxful, in a major donation in favor of the Human Rights Foundation in Nigeria, Built With Bitcoin announced that it had financed the construction of a water point in a small village in the state. from Kogi. A project that is part of its desire to provide solutions to the problems of access to water in the most disadvantaged regions of the world.

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