BeepMAGNET unveils e-commerce solutions to curb youth unemployment

The BeepMAGNET Group has unveiled two of its e-compliant entrepreneurship and empowerment innovation- the GoldClub 3.0 and the BMCoin.

This follows its determination to provide profitable and tested residual income programmes through online and offline services to empower, create jobs and alternative streams of income for young Nigerians.

Its vision is to be the leading e-compliant entrepreneurship and empowerment platform in Africa by 2020 leading the following sectors via e-commerce, precious metal and crypto-currency consultancy, e-payment, travel and tourism and real estate, among others.

Managing Director of BeepMAGNET Group International, Gilead Okolonkwo, said at a business dinner organised by the group in Lagos that with the challenges encountered over time in e-commerce, there was a knowledge gap, which has affected the youths who miss opportunities in e-commerce.

This, he noted, was a major challenge that needed to be tackled urgently. In curbing these challenges, Okolonkwo advocated crypto-education, which defines how pressing issues like unemployment, knowledge gap and financial freedom among others, could be solved through technology using the Block Chain hub.

He said this was hinged on matching technology with innovation, adding, “With Block Chain technology, one of the areas that is visible is crypto-currency but block chain technology is not only powering crypto-currency. From our own research block chain technology can be used for land registry, micro credit finance and law.

“We are looking at government considering block chain with two keys; the public and the private key. What that means is that from the public point of view, any where in the world where the model is keyed in, it will actually bring the corresponding owner. So, crypto-education is key,” Okolonkwo said.