Monrovia – As the world moves deeper into the digital and technological revolution, the Chief Executive Officer of Abundance Community Coin (TACC), Steve Williams, is proposing that the Liberian government declare Maryland County a hub for technology and innovation.
TACC is a cryptocurrency with its own blockchain, and Williams believes that Liberia, as the “Mother of Africa,” stands to benefit from the cryptocurrency economy by transforming Maryland County into an Afro-Diaspora City and a Technological Free Zone.
By: Christopher C. Walker, 0777898224 / 0886723075 | [email protected]
A Vision for Maryland County
Williams stated that he previously discussed this vision with President Joseph Nyuma Boakai when he served as Vice President and recently held another meeting with him, which he described as “fruitful.”
His proposal suggests that declaring Maryland County an Afro-Diaspora City and Technological Free Zone would pave the way for the development of new technology-driven innovations, including Artificial Intelligence (AI), Robotics, Automation, Blockchain, and Cryptocurrencies.
Williams further argued that Liberia could follow the example of El Salvador, which has made cryptocurrency a legal tender. However, instead of a nationwide approach, he believes Maryland County could serve as the starting point for this initiative.
Economic Benefits of the Proposal
According to Williams, designating Maryland as a technological free zone would attract investors and allow them to transact using cryptocurrencies without restrictions. He believes this would introduce new capital into the Liberian economy, boosting development and diversification.
“Fintech companies that emerged in the 21st century are searching for investment-friendly destinations. Liberia could become the ‘Crypto Silicon Valley of Africa,’ just as California became a tech powerhouse during the dot-com boom, creating thousands of millionaires,” Williams stated.
He also expressed confidence that Liberia has a unique opportunity to work with TACC Coins and exchange platforms, potentially creating an even greater digital asset than Bitcoin.
“This is a legacy that President Boakai can leave behind—an economic transformation that could establish Liberia as the ‘Dubai of Africa.’ TACC presents a unique opportunity for Liberia to actively participate in the 5th Industrial Revolution, rather than being mere spectators in the global digital economy,” Williams added.
Key Development Projects Under the Proposal
Williams outlined several projects that could come with the establishment of the Abundance Afro-Diaspora City and Technological Free Zone, including:
• Construction of the Abundance Community Global Headquarters
• Development of a state-of-the-art medical university and hospital
• Expansion of infrastructure and food security initiatives
• Creation of a student-focused TACC digital economy, where every student in Maryland would have a TACC account
• Development of an Abundance 5-star resort and manufacturing industrial complex
• Launch of a malaria eradication initiative (TACC Roll-Back Malaria Initiative)
• Construction of a modern sports stadium (Abundance State-of-the-Art Stadium)
• Hosting of the Afro-Caribbean Cup of Nations and International Music, Cultural, and Trade Festivals
• Creation of a global hub for the Abundance Community Airline and Shipping Line
Call for Legislative Action
Williams emphasized that Maryland County could serve as Liberia’s entry point into the digital economy, fostering Automation, AI, Robotics, Blockchain, and Cryptocurrency innovation.
During a press conference, he argued that Liberia’s abundant resources make poverty unnecessary, urging the government and people to seize the opportunity.
He further called on Liberian lawmakers to pass the necessary legislation to facilitate Maryland County’s transformation into “the Dubai of Africa.”
As discussions continue, it remains to be seen whether the Liberian government will embrace this ambitious vision and take steps
