Firm to address cryptocurrency’s information gap

By Bankole Orimisan |   21 September 2021   |   3:03 am  

Olympus, a financial education platform, has renewed commitment to bridge the information gap around cryptocurrency transactions in the financial sector.

The Chief Executive Officer of the organisation, Victor Louis Adegunloye, said that there is a need to educate people on the opportunities while working on creating a tech hub to train Nigerians on financial technology and blockchain application.

Speaking to journalists, Adegunloye expressed concern that people were being exploited via the ban and announced a pilot scheme for creating a new government-backed digital currency.

“This is why Olympus hosts weekly seminars to educate people on the opportunities while working on creating a tech hub to train Nigerians on financial technology and blockchain applications. So far, we have trained more than 30,000 people with at least five percent currently earning anywhere from 100 dollars to 1000 dollars a week.”

He stated that CBN’s ban of financial institutions from providing financial support to traders may not be unconnected to activities of fraudulent operators, which was fueled by the knowledge gap.

He said: “We want people to be empowered by taking advantage of new emerging technologies. We have 2000 active users on our platform; it is all organic at the moment and we’ll be launching our dashboard within the next quarter.

“We also currently have users from over 60 nations across the globe, especially in African countries like Nigeria, Ghana, SA, Kenya, and Uganda. In all, we plan for people to make money, also educating clients with knowledge and information to take advantage of opportunities in blockchain technologies to make better financial decisions and build a better life for themselves and families.”

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