There have been rapid changes to businesses globally because of the pandemic, but Nigeria’s economic landscape has remained more uncertain than ever.
In 2020, inflation and the devaluation of the naira have made the cost of goods and services skyrocket. Early in the year, several crypto-based startups came up with innovative products to help Nigerians make sense of cryptocurrency. And it was not surprising to see Nigerian youth rank the highest in the global adoption of cryptocurrency at the end of March 2020.
A report by Usefultips stated that in October 2020, Nigeria traded $32.3 million worth of Bitcoin, 247% higher than South Africa and 303% higher than Kenya which recorded $9.3 million and $8 million respectively.
Consequently, the pains of the foreign exchange shortages, dollar spending limits, and inflation have led us to new conversations: How do we ensure seamless trade, commerce, and payments across borders? What role will regulators play? How do we build the money of the future?
On January 27, 2021, Techpoint will be hosting the brightest minds in decentralised finance, fintech, international trade, and developers at the first edition of its Digital Currency Summit tagged “Building the money of the future.”
Highlights
This will be an annual event where leading thinkers and digital industry experts lay bare exclusive insights about the ‘money of the future.’
The Digital Currency Summit will be divided into two conferences that will hold simultaneously:
- The Business Conference
- The Technical Conference
Business Conference
At the business conference, discussions will focus on critical areas in novel applications of digital currency, disruption of international trade and payment, regulations, and the intricacies of fundraising for crypto startups.
Technical Conference
The technical conference will dive into concepts like smart contracts, gamifying tokens, advanced UX for crypto, and other discussions that will unveil the inner workings of blockchain-based products.
The conference will look to spark the curiosity of crypto enthusiasts, developers, and designers who would love to peek under the hood of some of the most exciting products.
Crypto users/enthusiasts, blockchain developers, designers, founders of crypto startups and their teams, crypto education hubs, students, policy experts, fintech/banking executives, top eCommerce players, investors, etc.
When and where will it take place?
The Digital Currency Summit will be held on January 27, 2020, at Four Points by Sheraton, Victoria Island, Lagos.
How do I register to attend the Digital Currency Summit?
To register, visit https://currency.techpoint.africa/
Source: Techpoint
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