FEC Approves Use Of Blockchain In Nigeria - Business (2)

FEC Approves Use Of Blockchain In Nigeria - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › FEC Approves Use Of Blockchain In Nigeria (36796 Views)

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Re: FEC Approves Use Of Blockchain In Nigeria by ivolt: 4:03pm On May 03, 2023

Some posters up there thinks blockchain and bitcoin means the same thing.
They don't, so don't bother rejoicing.

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by nony43(m): 4:03pm On May 03, 2023

Confused FG. Malami is still hiding his loot in crypto.

Re: FEC Approves Use Of Blockchain In Nigeria by DonNeon: 4:04pm On May 03, 2023

Agricmoney:
Wow nice

Anyway, Agriculture is life.

Agricmoney how do I make money from agriculture as a student...

Re: FEC Approves Use Of Blockchain In Nigeria by GeneralPula: 4:04pm On May 03, 2023

nashito:
Another avenue the APC led govt want to use & Loot Nigeria dry.

Until the day, there would be nothing left to pay workers, Nigeria is still far from a Revolution. The the time is ticking as we’re all sitting on a Keg.

SMH..

Blockchain is just an App one can use to buy crypto currencies, with your bank card! Very secured & fast!

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by Daniel058(m): 4:05pm On May 03, 2023

Investorozay:
Clowns your earlier ban no affect us. this one wont

AAS to the Moon !! grin

Na our CEO screenshot be that oo

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by INDOMIE9090(f): 4:05pm On May 03, 2023

Yahoo boys in happy mood

Re: FEC Approves Use Of Blockchain In Nigeria by jubrilELsudan: 4:06pm On May 03, 2023

NA YAHOO AND HOOKUP REMAIN

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by Eberex(m): 4:07pm On May 03, 2023

Danisaint112:
I thought they were totally against Blockchain (anything crypto) to the extent bank transactions for it was totally banned. Confused government.

I'm very sure they approved it now because it will be beneficial to them. It's part of the looting process.

your head dey there. They just discovered the advantage of Bitcoin, especially in looting money. mumu government

2 Likes

Re: FEC Approves Use Of Blockchain In Nigeria by GreaterFuture(m): 4:07pm On May 03, 2023

Investorozay:
Clowns your earlier ban no affect us. this one wont

That wallet is reading over $2M...
How??

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by GeneralPula: 4:07pm On May 03, 2023

INDOMIE9090:
Yahoo boys in happy mood

No..

Incase you’re interested in buying crypto’s for investment, it’s useful for you too..

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by simfrost90210: 4:07pm On May 03, 2023

LagosFirstSon:
the question is too much for him to answer

Ask him simple question like, "What is shaku shaku? Or What is owambe?"

Re: FEC Approves Use Of Blockchain In Nigeria by fof1: 4:07pm On May 03, 2023

nairalandkachy1:
https://twitter.com/toluogunlesi/status/1653769481691299840?t=WpNGXuNcW5cpTm3GlO1D0w&s=19[/quote]Does the Incoming Government especially the VP elect know what BLkchn is All about Thank God for the Policy Shift...giving Tooms to Several Adoptions...including Cryptography and Advanced E-Science and Defi ...

Re: FEC Approves Use Of Blockchain In Nigeria by luluosas(m): 4:08pm On May 03, 2023

Long overdue. The eNaira wallet about to go crypto

2 Likes

Re: FEC Approves Use Of Blockchain In Nigeria by GeneralPula: 4:08pm On May 03, 2023

GreaterFuture:
That wallet is reading over $2M...
How??

That’s a fake wallet..
He’s a scammer..

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by Investorozay: 4:08pm On May 03, 2023

Daniel058:
AAS to the Moon !!

Na our CEO screenshot be that oo

U sabi

2 Likes

Re: FEC Approves Use Of Blockchain In Nigeria by Nex12: 4:10pm On May 03, 2023

Greatest secret in Nigeria: it is abnormal to be normal in Nigeria, the earlier you know this the better for you

Re: FEC Approves Use Of Blockchain In Nigeria by Daniel058(m): 4:10pm On May 03, 2023

Investorozay:
U sabi

More ROI!!

Re: FEC Approves Use Of Blockchain In Nigeria by Chris2863(m): 4:10pm On May 03, 2023

Onowu33:
Tinubu wetin be Blockchain?

it’s bala blu, buluaba

Re: FEC Approves Use Of Blockchain In Nigeria by Tunagy: 4:11pm On May 03, 2023

LagosFirstSon:
the question is too much for him to answer

werey, what is blockchain?

Re: FEC Approves Use Of Blockchain In Nigeria by aklid(m): 4:11pm On May 03, 2023

Alotta folks here don’t even know what blockchain means…🤦🏽‍♂️🤦🏽‍♂️they think it’s all about crypto 😂😂

Re: FEC Approves Use Of Blockchain In Nigeria by supercharles(m): 4:11pm On May 03, 2023

If you don't know it, he was once Accountant and Auditor with mobil international, I wish your generation and family have one. You are busy trolling an intelligent and blessed man, just d play.

3 Likes

Re: FEC Approves Use Of Blockchain In Nigeria by captainamiedi1: 4:12pm On May 03, 2023

DonMarkuzi:
For some of us who don't know the full meaning of the technology, this are few things the technology can avail the users if fully harnessed.

1. Transparency and accountability: Blockchain technology provides a decentralized, immutable ledger that can be used to store and track data in a tamper-proof manner. This can increase transparency and accountability in government systems, reducing the potential for corruption and fraud.

2. Increased efficiency and cost savings: Blockchain technology can reduce the need for intermediaries and manual processes, resulting in increased efficiency and cost savings for both government agencies and businesses.

3. Secure data storage and sharing: Blockchain technology provides a secure way to store and share data, which can be particularly important for sensitive information such as health records, financial information, and government data.

4. Improved supply chain management: Blockchain technology can be used to track goods and products throughout the supply chain, reducing the potential for fraud and counterfeiting and improving efficiency.

5. Encouraging innovation: By providing a secure and transparent platform for the exchange of value, blockchain technology can encourage innovation and entrepreneurship, leading to economic growth and job creation.

Overall, the adoption of blockchain technology can offer many potential benefits to a country, including improved transparency, efficiency, security, and innovation.

It's also the founding technology that runs the Bitcoin technology.

All what you stated here are debatable. but continue

Re: FEC Approves Use Of Blockchain In Nigeria by Frontdude(m): 4:13pm On May 03, 2023

Toh, if you're not mining crypto, start now o...
one of them @ my signature.
Also Indicate if you want more ongoing mining projects

Re: FEC Approves Use Of Blockchain In Nigeria by Nex12: 4:13pm On May 03, 2023

Do not be decived learn from past 8 years

Re: FEC Approves Use Of Blockchain In Nigeria by doyin01: 4:14pm On May 03, 2023

aklid:
Alotta folks here don’t even know what blockchain means…🤦🏽‍♂️🤦🏽‍♂️they think it’s all about crypto 😂😂

Well it is not only about crypto but you cannot separate it from crypto though...

A blockchain is a distributed database or ledger shared among a computer network's nodes. They are best known for their crucial role in cryptocurrency systems for maintaining a secure and decentralized record of transactions, but they are not limited to cryptocurrency uses. Blockchains can be used to make data in any industry immutable—the term used to describe the inability to be altered.

Because there is no way to change a block, the only trust needed is at the point where a user or program enters data. This aspect reduces the need for trusted third parties, which are usually auditors or other humans that add costs and make mistakes.

Since Bitcoin's introduction in 2009, blockchain uses have exploded via the creation of various cryptocurrencies, decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and smart contracts

https://www.investopedia.com/terms/b/blockchain.asp

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by do4luv14(m): 4:15pm On May 03, 2023

Onowu33:
Tinubu wetin be Blockchain?

chaiii Oga you dey ask dis kind question

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by guru90: 4:15pm On May 03, 2023

FG wanna cripple some people.........

Re: FEC Approves Use Of Blockchain In Nigeria by IIdamuAdugbo(f): 4:16pm On May 03, 2023

Blockchain is crypto, which means its approved

victorikpe:
I'm not understanding this one o

1 Like

Re: FEC Approves Use Of Blockchain In Nigeria by Funkyswagzz(m): 4:17pm On May 03, 2023

Danisaint112:
I thought they were totally against Blockchain (anything crypto) to the extent bank transactions for it was totally banned. Confused government.

I'm very sure they approved it now because it will be beneficial to them. It's part of the looting process.

Nigerians are too slow

Re: FEC Approves Use Of Blockchain In Nigeria by cokeryusuf09(m): 4:20pm On May 03, 2023

nairalandkachy1:
https://twitter.com/toluogunlesi/status/1653769481691299840?t=WpNGXuNcW5cpTm3GlO1D0w&s=19[/quote]If you notice that Buhari is just approving all projects before he leaves just to pacify Nigerians

Re: FEC Approves Use Of Blockchain In Nigeria by aspabay(m): 4:20pm On May 03, 2023

Good deveopment.

God bless Nigeria

Re: FEC Approves Use Of Blockchain In Nigeria by Sunnyski: 4:20pm On May 03, 2023

Onowu33:
Tinubu wetin be Blockchain?

Tifnibu will not know what blockchain is all about, all he knows is drug business and lobbying.... Blockchain is cryptocurrency

1 Like

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