menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Blockchain News

>

Unlocking ...
source image

Dev

5d

read

346

img
dot

Image Credit: Dev

Unlocking the Future: How the CBN Can Harness Blockchain Technology for Nigeria’s Economic Growth

  • Blockchain technology is seen as a powerful tool to reshape economies, with the CBN exploring its potential for Nigeria's economic growth.
  • The CBN has various opportunities to leverage blockchain technology, such as creating a stable digital currency, improving financial transparency, and combating corruption.
  • Implementing blockchain can enhance currency stability, promote transparent financial oversight, strengthen the naira, and provide faster and more reliable transactions.
  • The CBN is urged to take action by hosting a national blockchain policy roundtable, launching pilots with commercial banks, revamping the eNaira, educating the public, and supporting blockchain bills.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app