The Times of Tanzania
Eastern Africa News Network, Breaking News Tanzania

Africa’s First Digital Crypto Stamps launched in Arusha

The European Union based, Stampsdaq is working on a special Crypto Stamp for the Pan-African Postal Union, the launch of the stamp designs took place in Arusha, the Northern Tanzania city.

The maiden piece of continental digital artwork is being commissioned through the Pan African Postal Union which is also set to inaugurate the newly built PAPU headquarters complex in Arusha, alongside the commemorative stamp.

The launching of the joint stamp was part of the events that coloured the 41st Pan-African Postal Union’s Administrative Council meetings which took place in Tanzania.

In line with the consolidated PAPU Action Plan for 2022-2025, the Pan African Postal Union will be promoting the stamp issues to boost African heritage.

The Promotion of Philately Working Group established a Task Team to propose Annual Themes for joint stamp issues.

The Task Team proposed the issuance of a joint commemorative Stamp which marked the commissioning of the PAPU Headquarters building in Arusha by President Samia Suluhu Hassan.

StampsDaq has offered to issue the digital version of the postage stamp to be known as ‘crypto stamp,’ on behalf of interested Member States to mark the event.

StampsDaq is a non-fungible token (NFT) company dedicated to cooperation with designated postal operators worldwide.

Its recently launched platform for NFT stamps is designed to bridge the interests of postal operators and the global community of collectors.

The commemorative stamps both in physical and digital formats are were launched on September 2, 2023 alongside the new building.

The cost of issuing the crypto stamp would be borne by StampDaq and its Partners, and a percentage of the proceeds from the sale of the crypto stamps would be donated to PAPU headquartered in Arusha.

A total of 26 countries, members of the Pan African Postal Union have been attending the week-long PAPU sessions in Arusha towards the launching of the organization’s new offices.

During the meetings four technical committees worked in sessions to come up with recommendations on how to transform postal services on the continent to keep them afloat in the highly competitive digital world.

The committees include the Strategy, Operations and Technology, Finance and Administration, as well as Policy and Regulations.

The Philately Task Team previously met in June 2023 to propose and discuss the modalities of issuing a joint commemorative stamp to commemorate the commissioning of the PAPU Tower in Arusha.

The stamp is proposed to feature the picture of PAPU Tower, juxtaposed with an emblematic place, national, or natural artefact of choice of each participating Member State;

The Working Group assigned experts from Botswana, Morocco, Nigeria, and South Africa with the task of crafting Terms of Reference (ToRs), including specifications on the issuance of the stamp.

The PAPU General Secretariat sent out a Circular Letter requesting Member States to indicate their willingness to participate in the joint stamp.

It was proposed that 1 percent of the proceeds from the sale of the physical stamp issue would be donated to PAPU General Secretariat.

Also, the General Secretariat would send separate communication for Member States to express willingness to participate in the issuance of crypto stamps.

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