We Guide and Educate
We want to make Nigeria safe for business.
We are Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), an association of blockchain & crypto industry players, by blockchain & crypto industry players, and for blockchain & crypto industry players founded in 2018 to serve as a self-regulatory body towards a friendlier, safer, and bigger blockchain & crypto industry in Nigeria.
We work with our registered members to promote a free market for blockchain & crypto players by driving blockchain & crypto education, encouraging the adoption of model self-regulatory policies in accordance with global best practices, and collaborating with relevant bodies to ensure that while innovation is not stifled by regulation, consumer protection and investor safety are safeguarded.
Founded on the right to peaceful assembly and association under section 40 of the Nigerian Constitution, SiBAN operates as an association with a decentralized structure where consensus is reached through every registered node (member) in the SiBAN community.
At the Nigeria Fintech Week 2021, SiBAN was recognized as “The Best Blockchain Association in Africa”. We continue to advocate innovative and inclusive regulatory approach to blockchain & crypto in Nigeria.
To transform Nigeria into the world’s safest and biggest blockchain space with the largest blockchain solutions, investments, and adoption
To promote blockchain education and adoption in Nigeria; self-regulate the blockchain and cryptocurrency space for consumer protection and investor Confidence in the country; and champion blockchain advocacy, regulations, and reforms towards ensuring that both private and public sectors embrace blockchain technology to transform lives, businesses, and governance in Nigeria
SiBAN is currently a member of Blockchain Industry Coordinating Committee of Nigeria (BICCON); Fintech Alliance Coordinating Team (FACT); Fintech Association of Nigeria’s Reguvators Forum; International Digital Asset Exchange Association (IDAXA)-unofficial member status; Blockchain Associations Forum (BAF); Centre for Evidence-Based Blockchain (CEEB); Global Digital Asset & Cryptocurrency Association (Global DCA) partner; and a Key Stakeholder in Nigeria’s National Blockchain Adoption Strategy by the Federal Ministry of Communications and the Digital Economy and the National Information Technology Development Agency (NITDA).
Join SiBAN. As a SiBAN member, you will enjoy a number of benefits, including access to community resources on blockchain technology, opportunity to contribute to the growth and adoption of blockchain technology in Nigeria through participation in the association’s activities; free or subsidized access to conference and workshops organized by the SiBAN community; exclusive access to SiBAN’s registered-member only platform; access SiBAN’s network of experts, virtual asset traders, blockchain- and crypto-powered businesses. Other benefits are opportunity to exchange ideas with policy makers and regulators; opportunity to speak as keynote, guest, or panel session speakers in blockchain conferences and workshops organized by the SiBAN community; exhibit your blockchain or cryptocurrency products or services to the audience or boost your brand or corporate image at a free or subsidized rate at conferences or programs organized by the SiBAN community; participate in meetups, trainings, and other programs organized by the SiBAN community; directly or indirectly benefit from SiBAN’s self-regulation and sanitization campaigns and anti-scam awareness campaigns; shape policy on blockchain and cryptocurrency in Nigeria; and more, depending on the membership category you fall.
We ensure transparency
Blockchain is a technological innovation that has the potential to revolutionize various industries and sectors of the economy for the good of all. Across the globe, blockchain is adding value by bringing unprecedented trust founded on openness, safety, and transparency to transactions and processes, thereby minimizing risks, eliminating leakages, saving costs, and improving lives. Today, as the adoption of blockchain technology builds up in developed economies, Nigeria is lagging behind in the adoption of the technology for innovative solutions across various industries and sectors.