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Use any Nigerian government issued plastic ID card to verify your account. Olayetan: |
![]() gwarotango: |
[quote author= post=107066148]Anything to move our darling nation forward is all we want. Many sane and hardworking Nigerians are optimistic as Africa's largest economy gears up to launch the continent's first central bank-backed digital currency, the eNaira. Authorities hope to tap into the popularity of cryptocurrency so it can better monitor digital currency transactions, curb black market trading in the paper naira and also help integrate millions of Nigerians into banking. It is going to make cross border payments easier and it is going to make it easier for the naira to be widely used and accepted. So, Nigeria is gradually getting to the point where cryptocurrency is seen as an unstoppable force." The eNaira will promote blockchain technologies like cryptocurrency, which Central Bank authorities banned in back in February, citing its volatility and investment risk for citizens. The CBN then promised to provide a safer alternative - the eNaira. Authorities and experts say the eNaira will ease monetary transactions and improve long-term value for Nigeria's currency, compared to its paper counterpart, which has hit its lowest value since 2003. The CBN also says the eNaira saves on printing and distribution costs for cash. The eNaira will also help address money laundering and corruption. Everything built on blockchain is very safe and secure. Another thing again is it's universal, parts of the benefits they intend to achieve with [b]the eNaira is it will be used for both international and local trade and also it's going to be to fight corruption. The only person the has the knowledge about the vision of this eNaira on this platform, the rest are blind with hatred ![]() |
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