Blockchain and cryptocurrencies ... time for a Nigerian leapfrog

Blockchain and cryptocurrencies ... time for a Nigerian leapfrog

Last month, I had the chance to talk with Onyi Sunday at CNBC Africa about blockchain and cryptocurrencies. Given the current explosion in Bitcoin price, these are topics certainly on everyone's mind, so I thought worth posting the interview.

A few key points to note:

  • Blockchain and cryptocurrencies are not the same thing. Blockchain is a technology with many uses, with cryptocurrencies being just one.
  • PwC Nigeria believes that perhaps the best use case for Blockchain today is for the land registry, beginning in Lagos ... I had a chance to talk about this idea extensively in the interview
  • Cryptocurrencies are here to stay. And while not simple, the regulators, banks, and other financial sector players need to understand how cryptocurrencies are going to affect the financial landscape

Here is the entire interview: https://www.cnbcafrica.com/videos/2017/10/11/cryptocurrencies-why-do-we-need-them/

Theresa Akiti-Oloritun

QMS Consultant/ Programmes Manager/ Event Manager

7 年

Blockchain is here to stay

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Nnamdi Olisaeloka, CFA, FRM

Quantitative Analyst | Fintech | Data Science

7 年

Nice one Andrew S Nevin, PhD. Intellectual as always.

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Dave Haines

Red Seal Electrician and CFAA Certified Fire Alarm Technician

7 年

Thanks very much for the link Dr. Nevin. It's good to see Onyi consulting such an economic expert on a regular basis.

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