{"id":12858,"date":"2025-10-08T12:08:22","date_gmt":"2025-10-08T12:08:22","guid":{"rendered":"https:\/\/bitunikey.com\/news\/uganda-pilots-cbdc-in-5-5b-tokenized-economy-initiative-with-global-settlement-network\/"},"modified":"2025-10-08T12:08:27","modified_gmt":"2025-10-08T12:08:27","slug":"uganda-pilots-cbdc-in-5-5b-tokenized-economy-initiative-with-global-settlement-network","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/uganda-pilots-cbdc-in-5-5b-tokenized-economy-initiative-with-global-settlement-network\/","title":{"rendered":"Uganda pilots CBDC in $5.5B tokenized economy initiative with Global Settlement Network"},"content":{"rendered":"

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Global Settlement Network and Uganda\u2019s Diacente Group are launching a $5.5 billion tokenized economy, combining real-world infrastructure and a national CBDC to drive economic growth.<\/p>\n

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\n Summary<\/span>\n <\/div>\n
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  • The project digitizes real-world infrastructure assets within Diacente Group\u2019s GISEZ\u2014including agro-processing hubs, mining operations, and solar plants\u2014creating a fully integrated, asset-backed digital economy.<\/li>\n
  • As part of the rollout, Uganda has launched its first CBDC, deployed on Global Settlement Network\u2019s permissioned blockchain, which will be used to facilitate secure, digital transactions in this new tokenized economy.<\/li>\n
  • The initiative is aligned with national and regional development goals and expected to create over 1 million jobs and generate up to $10 billion in annual exports.<\/li>\n<\/ul><\/div>\n<\/div>\n

    <\/p>\n

    According to a press release shared with crypto.news, Global Settlement Network (GSN), a leading blockchain infrastructure provider, has partnered with Uganda\u2019s Diacente Group to launch a $5.5 billion tokenized economy in Africa. The initiative will digitize real-world infrastructure assets owned and managed by Diacente Group\u2014including agro-processing hubs, mining operations, and solar energy plants\u2014creating a fully integrated digital economy. <\/p>\n

    The Karamoja Green Industrial and Special Economic Zone (GISEZ), developed and managed by Diacente Group, will serve as the flagship of the effort, providing the physical infrastructure to be tokenized.<\/p>\n

    As part of the rollout, Uganda has launched its first Central Bank Digital Currency, a digital version of the shilling backed by government bonds. The CBDC, deployed on GSN\u2019s permissioned blockchain, is accessible via smartphones and USSD, enabling over 40 million people to conduct secure, digital transactions for the first time. The system follows full regulatory compliance, including KYC and AML protocols.<\/p>\n

    <\/p>\n

    The initiative is noteworthy not just because Uganda is joining a growing number of countries piloting a national CBDC, but more importantly because it aims to build a fully digital economy that advances the nation\u2019s development goals. Specifically, the project is aligned with Uganda\u2019s Vision 2040, the African Union\u2019s Agenda 2063, and the African Continental Free Trade Area (AfCFTA). It is expected to create over one million jobs and generate up to $10 billion in annual exports.<\/p>\n

    \u201cThis partnership goes beyond infrastructure; it\u2019s about unlocking long-term value for our people and our region,\u201d said Edgar Agaba, Chairman of Diacente Group. \u201cBy integrating tokenization and CBDCs into Uganda\u2019s development roadmap, we\u2019re creating transparent, tech-driven ecosystems that attract new capital, empower local industries, and scale sustainable growth from the ground up.\u201d<\/p>\n

    <\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

    Global Settlement Network and Uganda\u2019s Diacente Group are launching a $5.5 billion tokenized economy, combining real-world infrastructure and a national CBDC to drive economic growth. Summary The project digitizes real-world…<\/p>\n","protected":false},"author":1,"featured_media":12859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12858"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12858\/revisions"}],"predecessor-version":[{"id":12860,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12858\/revisions\/12860"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12859"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}