Twitter co-founder Jack Dorsey has named three Nigerians to the board of his Bitcoin Trust (BTrust) fund that will aid the development of bitcoin in India and Africa.
The three Nigerians, Obi Nwosu, Ojoma Ochai and Abubakar Nur Khalil, were selected from a pool of 7,000 applicants.
South African Carla Kirk-Cohen completes the list.
Announcing the BTrust board, Mr Dorsey said on Thursday that he was grateful and inspired by the new appointees.
“They will now work towards the operating principles as they think about how to best distribute 500 bitcoin towards development efforts,” he tweeted.
BTrust is a fund with a 500 BTC capital base worth about $24,374,825), when pegged to Thursday’s market price of $48,749.65 per bitcoin.
The three Nigerians that made the cut have been active in the technology and blockchain ecosystem.
Meanwhile, Dorsey, who resigned as Twitter CEO in November, had in February this year, announced BTrust in partnership with American rapper Shawn “Jay Z” Carter.
Dorsey’s work will include convincing the Nigerian government of the security of cryptocurrencies after banks were barred from dealing in it.
