Nigeria Rethinks Crypto Ban, Stakeholders Hold Talks
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Nigeria Rethinks Crypto Ban, Stakeholders Hold Talks

THELOGICALINDIAN - After Nigeria had instituted a crypto ban for months the Nigerian Communications Commission NCC as able-bodied as academics government admiral and technology enthusiasts accept discussed the advantages of arising technologies such as Blockchain in advocacy the economy

Nigeria Holds Talks On Blockchain Tech

Stakeholders agreed that able beheading of behavior as articulate in guidelines, rules, and admonition apprenticed by the NCC could be a basement of addition and advance at a two-day branch organized by the Commission in affiliation with the Bureau of Public Service Reforms (BPSR).

Participants came from banking institutions, Ministries, Departments and Agencies (MDAs), academia, the Nigerian aggressive and paramilitary forces, the Nigerian Cyberwarfare Command, and the clandestine area for the workshop, which took abode in Abuja and focused on ‘Distributed Ledger Technology (Blockchain) Ecosystem, Decentralisation and Adoption Methods.’

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The branch participants accustomed and acutely accepted NCC’s role in adopting a activating agenda authoritative environment, the arresting addition to the advance and development of atypical and arising technologies, and NCC’s acceptance of adaptive mechanisms that accept added arising technologies in Nigeria.

Nigeria

Dr. Haru Al-Hassan, NCC’s Director of New Media and Information Security, who gave the aperture accent at the event, said that absolute civic agenda abridgement frameworks, such as the Federal Government’s Civic Agenda Abridgement Policy and Strategy (NDEPS), 2020-2030, as able-bodied as authoritative initiatives by the Commission, accept been cogent enablers of Blockchain and arising technologies in the country.

According to Al- Hassan,

In a agnate vein, Dr. Dasuki Arabi, Director-General of the BPSR, told the admirers that the government of Nigeria was already alive on adapted arising technologies with the abreast accessible account area through a cardinal of initiatives in adjustment to advance the ability of the accessible sector. He additionally declared that Blockchain would be a key basic of the National e-Government Masterplan’s implementation.

The addition of the Treasury Single Account (TSA), the Integrated Payroll and Personnel Information System (IPPIS), the Bank Verification Number (BVN), automation of administration activities of some government agencies in Nigeria. This includes the Federal Road Safety Corps (FRSC), and automatic achievement altitude systems for accessible area advisers are all examples of technology use in the accessible sector, according to the BPSR Chief Executive.

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