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BSV blockchain set for significant adoption in Nigeria

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BSV blockchain set for significant adoption in Nigeria

BSV Blockchain has been actively running educational and training programs in Nigeria.

BSV blockchain is set to see significant adoption in Nigeria and other developing nations in the coming years as more governmental bodies, enterprises and developers use the technology.

‘Nigeria has never shied away from dropping things that are not working and going full-on into new technologies,’ says Nicolas Wellinger, Global Public Sector Lead at BSV Blockchain.

Speaking in a recent interview with CoinGeek, Wellinger noted that this is a very important mindset to be disruptive in the tech world. He added that many Nigerians are excited about new technology, including several new educational programmes which BSV Blockchain has rolled out in the region.

‘We need to take this momentum and work on it. They (Nigerians) want to leapfrog, and we’re here to support them,’ he said. ‘We also work closely with policymakers. We want to understand how regulations need to evolve over time to allow us to compete fairly while also giving security to our users.’

Education initiatives are key

BSV Blockchain has been actively running educational and training programmes in Nigeria, reflecting its unwavering commitment to the region’s development and the creation of education programmes for emerging markets.

The Nigerian government has shown a clear preference for the BSV blockchain over other alternatives and demonstrated its commitment to the blockchain sector by initiating the NITDA’s blockchain scholarship programme, aiming to train 30,000 developers.

With 12,248 graduates already completed and the third cohort beginning at the start of 2024, the programme is sponsored by the BSV Blockchain and remains ongoing.

Nigeria is a key region

BSV Blockchain is committed to building the country’s future through BSV infrastructure. With more than 220 million inhabitants, Nigeria is the most populous country in Africa.

Rich in resources and with a developing industry, the country is considered an innovation engine for the region and the entire continent. As the country is still a developing nation and lacks infrastructure in many parts of the country, it presents a special opportunity for emerging tech companies.

The efficiencies that newer technologies can provide have a big impact on Africa. This applies above all to blockchain technology, which can make many processes not only cheaper but also more secure and transparent through micropayments.

Learn more with the BSV Academy

The BSV Academy is an online education platform focusing on blockchain and Bitcoin which offers academia-quality, university-style courses and learning materials categorised under Bitcoin Theory, Bitcoin Development, Bitcoin Infrastructure and Bitcoin Enterprise, in addition to several short courses covering specific concepts and content in more detail.

Developed and run by the global industry organisation supporting the BSV blockchain, BSV Academy has been created to make learning about the Bitcoin protocol – the way creator Satoshi Nakamoto designed it – accessible, accurate, and understandable.

Ryan Brothwell

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