Jack Dorsey, the founder of Bitcoin has appointed three Nigerians and one South African to serve in the capacity of the board of his Bitcoin Trust (BTrust) fund that will aid the development of Bitcoin in India and Africa.
The three Nigerians are Obi Nwosu, Ojoma Ochai and Abubakar Nur Khalil and South African, Carla Kirk-Cohen, was also added to the list that was initially meant to be occupied by three directors. They were selected from a pool of 7,000 applicants who applied for the role.
The three Nigerians that made Jack’s list have been active in the technology and blockchain ecosystem.
Obi Nwosu is the Co-founder of Coinfloor, a seed-level cryptocurrency startup, Ojoma Ochai is the Managing Partner at CcHUBCreative (Co-Creation Hub), a technology innovation workspace, accelerating startup growth and Abubakar Nur Khalil is a bitcoin core contributor.
Kirk-Cohen on the other hand is a software engineer at Lightning Labs. She previously worked for Luno, a South African cryptocurrency Exchange and Wallet firm.
Nwosu’s Coinfloor has raised $300,000 in funding round. CcHUB where Ochai is a Managing Partner has raised $5.5 million to aid its operation. Khalil received $50,000 in BTC for his work on Bitcoin wallet software from Human Rights Foundation (HRF) in May 2021.
In a Twitter post announcing the appointments, Dorsey said: “They will now work towards the operating principles as they think about how to best distribute 500 bitcoin towards development efforts.”
Back in February this year, Dorsey had tweeted that he and JAY-Z are giving 500 BTC to a new endowment named ₿trust to fund #Bitcoin development, initially focused on teams in Africa & India. It‘ll be set up as a blind irrevocable trust, taking zero direction from us. He then went ahead to say that they needed 3 board members to start.
