'The new [Bola Tinubu] administration might just do something different from the outgoing administration,' Rume Ophi said. cenbank crypto blockchain
Experts Say Nigeria's Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy document has also been hailed as a step that will lend “some form of legitimacy” to a technology that many Nigerians still only associate with cryptocurrency.
The adoption strategy will also “add clarity, trust and confidence in the ecosystem” which is still in its very early stages of development. Anjarwalla also commended what she described as the Nigerian government’s “all-encompassing approach” which is laid out in the policy document.
At its conclusion, the strategy document said while the blockchain is said to pose challenges to governments, Nigeria’s focus will be “on the application of blockchain to resolve business and governance process inefficiencies.”Tags in this story
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