Please describe your proposed solution.
To establish a center in Tanzania to help aid the mainstream engagement within the public policy space by shaping legislation and providing innovative policy alternatives for adoption of Cardano and blockchain at large.
This center will also serve as a hub for facilitation of Cardano Ecosystem awareness campaigns and bridge for collaboration between local entities and the Cardano Ecosystem.
It will also to help provide the general public, mainstream media and engage stakeholders directly to build support and momentum for policy solutions for favorable legislation, reduce tax, and free-market environment that advances individuals' creativity and innovation in building on the Cardano Ecosystem.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
The NGO by an amicable way to intertwine with the challenge is innovative because it not only provides help to individually but also to all business entities through the right channels BRELA ( <https://www.brela.go.tz/> ), Capital Markets ( https://www.cmsa.go.tz/ ), TRA ( https://www.tra.go.tz/ ), which are the entities where companies in Tanzania are legally registered and constituted.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The main risk would be the educational aspect, there has to be a way of convincing the legal and financial professionals that the projects are not just “scam” rather that they are real, in a way that motivates them to comply with said management and day to day activities concerned.
The best way to achieve such a risk is for there to be an educational outreach through 1 to 1 meetings or seminars, website, media outlets like social media platform, videos and audios.