
Kenya has taken a major leap in the world of blockchain technology by launching its own digital token, dubbed the Kenya Digital Token (KDT), using the Solana network. This significant move aims to revolutionize the country’s financial infrastructure and broaden access to financial services.
The launch of KDT is being overseen by the new Digital Innovation Authority established earlier this year. Pilot programs are expected to begin in Q3 2025, focusing on education vouchers and agricultural support initiatives.
Kenya’s Cabinet Secretary for the Ministry of Information, Communications and the Digital Economy (MICDE), Hon. William Kabogo, has expressed enthusiasm about the initiative. He emphasized that the government is not officially backing a central bank digital currency (CBDC) but instead has opted to support innovation while protecting citizens.
The KDT will be integrated with national ID systems for targeted subsidies, microloans, and digital wallet transactions. Experts have hailed this as a model other African nations can follow, especially as the global interest in real-world asset tokenization grows.
Anatoly Yakovenko, Solana’s co-founder, has praised Kenya’s move, stating that Africa is leading in real-world blockchain adoption, and Kenya’s bold step forward demonstrates how decentralized technology can collaborate seamlessly with national priorities.
Source: fullycrypto.com