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 <p class="is-style-lead">The Bitcoin non-profit, Btrust, co-founded by rapper Jay-Z and Block CEO Jack Dorsey, has acquired the Bitcoin <a rel="noopener noreferrer nofollow" title="talent" href="https://thebittimes.com/tag/talent.html">talent</a> company, Qala.</p> 
 <p>Following this acquisition, Qala, an organization that provides training for African Bitcoin and Lightning engineers, has been rebranded as the Btrust Builders Program.</p> 
 <p>According to reports on Sep. 6, the deal is a&nbsp;synergistic acquisition&nbsp;to advance Bitcoin development in Africa. </p> 
 <p>While Btrust has the financial resources, it didn’t have the structure to develop the African Bitcoin <a rel="noopener noreferrer nofollow" title="talent" href="https://thebittimes.com/tag/talent.html">talent</a> pipeline.&nbsp;</p> 
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    <p lang="en" dir="ltr">Today, we are thrilled to share a monumental story in our journey. We have officially become part of ₿trust @btrustteam! <br><br>This has led to our rebranding as ₿trust Builders – marking a pivotal shift in our operations to focus on open-source training in Bitcoin and Lightning. pic.twitter.com/kjSkpv8Sbc</p>— Btrust Builders (@btrust_builders) September 5, 2023 
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 <p>On the other side, Qala has the system in place but is lacking the resources to achieve its goal sustainably since, as a social enterprise, it doesn’t earn revenues. </p> 
 <p>Prior to this agreement, Qala relied on grants from organizations, including Coinbase Giving and $100,000 from the Human Rights Foundation.</p> 
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Jack Dorsey and Jay-Z Set Up Btrust Focused on India and Africa 
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 <p>Qala’s CEO, Femi Longe, and Stephanie Titcombe, a program manager, are now set to join Btrust as program leads for the new Btrust Builders program. </p> 
 <p>The program will shift focus to open-source training, with an invitation for senior African software developers to participate in Bitcoin and Lightning development.</p> 
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    <p lang="en" dir="ltr">JAY-Z/@S_C_ and I are giving 500 BTC to a new endowment named ₿trust to fund #Bitcoin development, initially focused on teams in Africa &amp; India. It‘ll be set up as a blind irrevocable trust, taking zero direction from us. We need 3 board members to start: https://t.co/L4mRBryMJe</p>— jack (@jack) February 12, 2021 
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 <p>On Feb. 11, 2021, Jack Dorsey and Jay-Z jointly pledged 500 BTC for Btrust to support teams working on a project in India and Africa. However, there were no specific directives from the co-founders. </p> 
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 <p>Btrust has since sponsored events like the maiden edition of the&nbsp;Africa Bitcoin Conference, scheduled from Dec. 5 to 7 in Ghana, as part of their larger mission to decentralize the development of Bitcoin.</p> 
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Startup Backed by Jay-Z Is Helping Ethereum Devs Build Apps, Here’s How 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/jay-z-and-jack-dorsey-s-firm-expands-to-foster-bitcoin-talent-in-africa-tbt61971.html">https://thebittimes.com/jay-z-and-jack-dorsey-s-firm-expands-to-foster-bitcoin-talent-in-africa-tbt61971.html</a></p>

Jay-Z and Jack Dorsey’s firm expands to foster Bitcoin talent in Africa

TheBitTimes

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