Ghana Post introduces Africa’s first crypto stamp to commemorate Asantehene’s 25 years of reign

Asantehene Otumfuo Osei Tutu II
Asantehene Otumfuo Osei Tutu II

Ghana’s postal company has unveiled Africa’s inaugural crypto stamp, celebrating the 25th anniversary of the reign of the king of the Ashanti kingdom.

The stamp, developed as a non-fungible token (NFT), features the esteemed Asantehene (king), Otumfuo Osei Tutu II, leader of the Ashanti people, reports Investors Observer.

Bice Osei Kuffour, the managing director of the state-owned postal firm Ghana Post Company, emphasised that the NFT stamp symbolises more than just technological advancement.

According to him, it serves as a means to preserve the rich heritage of the Ghanaian king while commemorating his remarkable tenure. “Today, as we unveil the commemorative stamps dedicated to His Majesty’s reign, we affirm our commitment to innovation and excellence in preserving our nation’s stories and delivering them to the world,” Kuffour stated.

Ghana, ranking 9th globally in cryptocurrency adoption as of December 2023, witnesses a surge in demand primarily propelled by its youthful demographic. With 56.1% of crypto owners aged between 18 to 34, and 29.5% between 34 to 54, the NFT stamps serve as a bridge between generations, according to Ghana Post officials.

The innovative stamp, set to be utilised in 156 nations, aligns with the Ministry of Communication and Digitalisation’s (MoCD) mission to amalgamate tradition with technology at the borders.


Source: Daily Mail GH

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