The Guardian
Email YouTube Facebook Instagram Twitter WhatsApp

How Nigeria can unleash Blockchain potentials, better her lot comprehensively

Related


Africa is home to 16.3% of humanity but home to less 1% of the world’s billion-dollar companies and only about 4% of global GDP. Africa cannot afford, nor does it have to miss the possibilities of the fourth Industrial Revolution (4RI) to better her lot.

Blockchain, one of the most disruptive technologies of the 4IR is a type of distributed ledger technology best known as the architecture that underpins cryptocurrencies like Bitcoin, but its potential applications go much further.

Indeed, it promises to revolutionize the business and financial environment by reinventing processes, improving productivity and quality, reducing costs, and enhancing transparency.

Combining blockchain with other technologies such as analytics and machine learning could make it even more powerful.

The profound changes this technology can deliver in unlocking value apply as much to the financial services industry as any other – and as much to the Nigeria as anywhere else in the world.

Therefor understanding blockchain’s potential is of vital importance to banks, entrepreneurs, businesses and government agencies at different tiers across the country.

The time to act is now
Blockchain is an innovative digital architecture, eliminates the need for manual processing or authentication via intermediaries.

Transactions that use blockchain are quicker, more reliable and more transparent, and generate efficiencies and cost savings. Payments, for example, are instantaneous and have full transactional transparency.

Summarily, for any type of record keeping for which transparency, tamperproof storage, and clear maintenance of audit trail is desired, blockchain is the way to go.

Be it marriage registry, land registry, birth registry, death registry, medical records, census records, academic records, financial records, blockchain is a tested technology that can be applied for above mentioned.

At the upcoming #LagosBlockchain2019, scheduled to hold in Lagos, Nigeria from 24-25 May 2019, attendees will discover how Blockchain, Artificial Intelligence (AI), IoT, Big Data and Virtual Financial Assets are altering and disrupting incumbents and creating new opportunities for forwarding thinking individuals.

It will be a supper interactive event around the technologies of the fourth industrial revolution (4IR) to provide every attendee with actionable insights that can be applied immediately to accelerate progress in any chosen career path.

Conference Content (Day 1)
Dr. Isa Ali Ibrahim Pantami PhD, Director-General/ CEO National Information Technology Development Agency (NITDA) is expected as a guest of honor.

Mr. Andrew Nevin PhD, Chief Economist at PWC will deliver a Keynote on “How Blockchain, AI Digital Virtual Financial Assets and other technologies of the 4IR could drive economic advancement across Africa”.

Panel Sessions
There will be panel sessions on “Blockchain, AI, Virtual Financial Assets and the Future of Work in Africa”, “Virtual Financial Assets Taxation in Nigeria: What Prospects” – to be moderated by Akeem Ogunseni, Senior Manager Tax Services at EY. And “Blockchain for Social & Economic Transformation: How Nigeria could Benefit”.

Other subject matter experts and professionals expected at the conference include Boye Ademola, Partner Technology Advisory & Digital Transformation Lead at KPMG Advisory Services, Wole Oyeniran, Enterprise Platforms/ Systems Integration Leader, West Africa at Deloitte Consulting, Dr. Segun Aina, Chairman Fintech Associates/ President Fintech Association of Nigeria, Shamim Khan, Esq. Director, Lex Futurus (UK) Blockchain Regtech & Law Limited, Salisu Kaka Assistant Director, Head Blockchain at NITDA, and Ian Friend, Cofounder/ COO Ferrum Network, NYC, among many others.

Premium Masterclasses (Day 2)

“Blockchain & Decentralized Finance: Threats and Opportunities for the Banking and Finance Industry” -Facilitator – Shamim Khan, Esq. Director, Lex Futurus (UK)

“Blockchain Business Strategy, Legal, Policy and Regulatory Aspect of Blockchain Technology”. Facilitator – Olutoyin J Oloniteru MD/CEO, Spindlar Cyberlaw Centre & Chairman, CEIAfrica.

“Cryptocurrency Trading Secretes of Masters: Assets, Trends and Trading Signals for profit”. Facilitator Tola Joseph Fadugbagbe CEO Cryptocurrency Master Class, Lagos, Nigeria.

The conference will feature a melding of the AI and Blockchain/ Virtual Financial Assets communities in Nigeria and across the world, exploring the possibilities at the intersection of these technologies.

The Conference will bring together business leaders, government and regulatory agencies, data practitioners, AI and Blockchain tech pioneers who are applying artificial intelligence to solve today’s problems and creating tomorrow’s opportunities, while leveraging available tools, to create entirely new values.

Our FireSide Chats are usually deep and provides actionable tips for aspiring entrepreneurs sitting in the audience.

About 1000 participants are expected to be at the two day event.
According to the organizing group, its coordinator Mr. Chuta Chimezie a technology expert based in Lagos Nigeria “We aim to bridge the knowledge gap by providing government functionaries, decision makers, professionals and practitioners with the resources they need to make key business-shaping decisions in a rapidly changing world”.

Blockchain Nigeria User Group is a pioneer group of enthusiast, developers and industry practitioners championing the adoption of Blockchain technology through education across Nigeria and Sub-Saharan Africa.

Since 2016, the group has held about six conferences in Lagos, Abuja and Port Harcourt, connected over 5000 attendees/ enthusiasts and spurred waves of startups in the ecosystem.

Registration page: https://www.eventbrite.com/e/blockchain-ai-digital-assets-conference-2019-tickets-56327784921
Group website: http://blockchainnigeria.group
Contact Email: info@blockchainnigeria.group
Contact Telephone: +2348165430776

Sincerely, for the group organizers, Chuta Chimezie, (Coordinator Blockchain Nigeria User Group) https://www.linkedin.com/in/chimeziechuta


Receive News Alerts on Whatsapp: +2348136370421

No comments yet