Badoer Investments through its crypto company 4chanCoin has signed an agreement with Nabirm Global, a license holder in Namibia, for a possible future blockchain project.
Badoer Investments Ltd is an equity and investments company with global ambitions domiciled in Dubai and with a registered branch office in Nairobi, Kenya.
Nabirm owns an exploration license offshore Namibia estimated to have a potential 8.7 billion barrels of prospective resources, and is exploring the implementation of blockchain technology to improve efficiencies in industry transactions.
“Important advances in technology rarely come with a full embrace at the start,” commented Ricardo Badoer, chairman of the Badoer Group. Perhaps most importantly, who will be the first out of the blocks, the first mover able to set the agenda and drive the format?”
Badoer is an equity partner in Nabirm
Olayinka Arowolo CEO of Nabirm said there is a strong and unmistakable momentum regarding blockchain technology in other industries, notably banking, technology, and, increasingly, health care and the life sciences. “The pivot point for oil and gas will be where potential and practicality intersect,” said Arowolo.