Nigerian Government Approves Blockchain to Boost Economy
According to the Nigerian government digital agency Twitter, the government has approved a Blockchain-powered economic policy with the government intent on transitioning the country to a digital economy. Driving public-private sector engagement
Blockchain technology will drive Nigeria’s economy to grow by more than $1.76 trillion by 2030, the government said. at 28 Nov 2019
The government’s decision to push Blockchain is due to the Nigerian government seeing the potential of Blockchain to transform industries such as finance, transportation, healthcare and supply chain management, as well as creating more career opportunities.
The government has recommended the private sector to use Blockchain technology in industry as part of supporting the country’s Blockchain policy.
but not mentioned Cryptocurrency
Although the Nigerian government has economic policies that support the use and growth of Blockchain technology, according to the government’s announcement, That’s not talking about the drive for crypto adoption.
Earlier it was reported that the Nigerian SEC is preparing to allow tokens to be offered on a Digital Exchange, but the Digital Exchange does not offer crypto trading and is still banned by the Central Bank of Nigeria. crypto trading live
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