The Hashgraph Association, Orange launch accelerator program

• Hashgraph Association and Orange are partnering to promote digital assets and blockchain adoption in Morocco.
• Hashgraph will invest 100m into this project to support startups and entrepreneurs.
• Besides funding, the partnership will foster education and innovation in emerging technologies throughout Morocco and the region.

Hashgraph Association, a non-profit organization that helps accelerate the development and adoption of the Hedera blockchain platform, and global telecommunications provider Orange have teamed up to launch a new accelerator program in Morocco.

The collaboration aims to provide educational and funding opportunities for young entrepreneurs, start-ups, government projects, companies and universities, the companies said in a press release shared with Coinjournal.

Hedera is a proof-of-stake network with native token HBAR. You can buy HBAR on most major cryptocurrency exchanges.

Hashgraph Association Allocates 100 Million for Accelerators

This partnership builds on Orange’s recent launch of the startup accelerator Orange Fab in the country. Specifically, the Hashgraph Association will bring the AGV high-speed accelerator to the kingdom with the goal of supporting the adoption of digital assets and decentralized finance (DeFi).

Commenting on the partnership, Kamal Yousefi, President of Hashgraph Association, noted that inventions often thrive with education and collaboration. Our partnership with Orange is therefore set to bring the benefits of distributed ledger technology to the community.

To this end, the Hashgraph Association has allocated 100 million ($106 million) to promote fintech and blockchain projects.

Accelerator program members also have access to development and management support, along with a global exchange program to foster greater collaboration between innovators and companies.