It has been one year in office as SiBAN President. During my electoral campaign, I described 2021 as the year of regulation. It was one of the reasons I offered myself to help the SiBAN community navigate the expected policy & regulatory hurdles in Nigeria’s uncertain and unclear crypto business environment.
The first half of the year 2021 came to an end yesterday. It has also been the first quarter of my tenure as SiBAN President. Though we are not where we want to be yet, we are no longer where we used to be. I, as well as the Executive Council I head, remain committed to the vision: To transform Nigeria into the world’s safest and biggest blockchain space with the largest blockchain solutions, investments, and adoption.
As Nigeria gradually transits into a digital economy, the country needs to leverage on emerging technologies that have the potential to help us transform the economy. Today we say that the Internet has transformed our lives. This is because the Internet transformed the way we share information. This is the first-generation Internet; the Internet of information. In the same way, blockchain will transform lives, businesses, and governments. How? As described by Dan Tapscott, blockchain is the second-generation Internet. Beyond information, blockchain will transform the way we share anything of value.