Mission, Vision & Objectives

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Vision

To transform Nigeria into the world’s safest and biggest blockchain space with the largest blockchain solutions, investments, and adoption

Mission

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

Affliations

SiBAN is currently a member of the 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).

Our Objectives

Our objectives revolve around creating an enabling and encouraging environment for blockchain innovation in Nigeria – the giant of Africa

Education and Capacity Building

SiBAN is committed to enhancing knowledge and understanding of blockchain technology. It organizes seminars, and workshops, collaborating with academic institutions, industry experts, and international partners to develop blockchain curricula and certification programs.

Advocacy, Policy and Regulations

SiBAN proactively engages with regulatory bodies, policymakers, government entities, and industry practitioners to advocate for favorable policies, regulations, and standards that encourage the adoption, growth, and ethical development of blockchain technology in Nigeria.

Industry Development and Community Building

SiBAN is dedicated to fostering the growth and vibrancy of the blockchain industry in Nigeria. The association facilitates networking opportunities, promotes partnerships, and provides support to startups and entrepreneurs, aiming to position Nigeria as the largest blockchain hub and ecosystem inAfrica

High Standards and Best Practices

SiBAN promotes the development and adherence to industry standards and best practices in blockchain technology. It establishes guidelines for security, privacy, interoperability, and governance, ensuring the blockchain’s ethical and responsible use.

Consumer and Investor Protection

SiBAN prioritizes the protection of consumers and investors by promoting ethical practices, upholding industry standards, and advocating for regulations that safeguard their interests within the blockchain ecosystem in Nigeria

Safe Business Environment

SiBAN collaborates with policy makers, regulators, government bodies, and practitioners to create the safest environment for blockchain businesses to thrive in Nigeria, ensuring a supportive ecosystem that encourages innovation, growth, and compliance with regulations.

Let's work together

Let’s collaborate to make Nigeria the world’s safest and biggest blockchain space

Who we Are

We are Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), an association of blockchain & digital assets industry players, by blockchain & digital assets industry players, and for blockchain & digital assets industry players founded in 2018 to serve as a self-regulatory body towards a friendlier, safer, and bigger blockchain & digital assets industry in Nigeria.

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