It's been a week since we broke ground for the contruction of the 16th Hive Borehole. We are happy to announce the completion and the launch of the borehole. Plans have been made to unveil the new project tomorrow at Dingoni. We are happy to have successfully executed the first and second phases of the project, which have now moved us to the last phase of the project which is the launch.
Tomorrow, we will inaugurate the new mechanized borehole to complete all the phases of the Hive Empowers Communities project. This final phase is to show how decentralized blockchain technology and community engagement has driven positive social impact. It's also about showing the transformative role of Hive in providing essential resources and opportunities, ultimately improving lives.
Our project has consistently reach out to those villages and those in underserved areas, demonstrating the power of community-driven efforts and the potential of blockchain technology to foster sustainable, positive change. With the successful completion of the first two phases, work on our 16th borehole has progressed smoothly. The launch always serve as a moment to gather community members and leaders to officially celebrate the new the project.
It's not just an event but a good opportunity to provide empowerment through information sharing and education about technology. It should be noted that this project isn't basically about onbaording new users but one that will continue highlighting about the potentials of Hive even after the making the borehole.
Today several platforms have given us the chance to share about the Hive blockchain and it's potential to change lives for good. These project today have become a reference point each time we present about Hive as a blockchain for good. Highlighting these impacts about Hive underscores the fact that indeed crypto and the blockchain can be used for greater good.
Tomorrow's program begins at 10 am, and we anticipate a good number of residents from Dingoni to turn out at the occasion. Also plans are underway to take a live coverage of the event by various local media stations. The aim is to amplify the news of Hive's impact in Ghana and beyond through their platforms. Reaching the 16th borehole is significant accomplishment and we are excited to see how the journey which began two years ago has led us to these impacts.
Throughout the journey, we have demonstrated how Hive is effecting real-life change. We are proud of how far we've come and the Hive community's efforts have been instrumental in realizing these life-changing projects. This is a collective achievement that everyone should be proud of. We glad to see another impact to tomorrow and we look forward to sharing updates following the event. Thank you for your attention and continued support.
