Nigeria Blockchain Conference Sees Over 1000 Guests

Cryptocurrencies and Blockchain technology keep gaining popularity in Africa at a very encouraging rate. The Nigeria Blockchain User Group event on 14-15 August put together the first ever Nigeria Blockchain Conference in the country’s commercial city of Lagos.

In attendance were people from all walks of life from Nigeria and the West African Sub Region which included the academia, business people, the agricultural sector, legal fraternity, Start-ups, finance, students, charity workers among others.The event that witnessed more than 1000 people in attendance gave an indication that Nigeria is indeed an entity to reckon with when it comes to Blockchain and Cryptocurrency adoption.

Cryptocurrencies and Blockchain technology keep gaining popularity in Africa at a very encouraging rate. The Nigeria Blockchain User Group event on 14-15 August put together the first ever Nigeria Blockchain Conference in the country’s commercial city of Lagos.

In attendance were people from all walks of life from Nigeria and the West African Sub Region which included the academia, business people, the agricultural sector, legal fraternity, Start-ups, finance, students, charity workers among others.The event saw more than 1000 people in attendance which gave an indication that Nigeria is indeed an entity to reckon with when it comes to Blockchain and Cryptocurrency adoption.

More significantly, the conference gave ample evidence that Nigeria as Africa’s most populous Nation will soon take over from South Africa as the continents leading nation for Blockchain and cryptocurrency penetration. The West African country among the likes of South Africa, Kenya and Ghana are currently the leading nation when it comes to Blockchain and Cryptocurrency usage.

Speakers And Panel Session

The first day was packed with speakers and stimulating panellist discussions that ranged from Blockchain, Cryptocurrencies, regulation, Distributed Ledger Technology, Blockchain and Agriculture to what hinder adoption. With the theme Learning to Glow With the Flow, the cross cutting theme was How Nigeria Can hasten adoption.

Some of the speakers at the conference include David T. Isiavwe, PhD, President, Information Security Society of Africa; Musa Itopa Jimoh, Deputy Governor, Central Bank of Nigeria; Chimezie Chuta, Blockchain Nigeria User Group; Dickson Nsofor, Vice President, Business Development at Humaniq; Oladapo, Founder of SuperDAO.io; Afrikanus Kofi Akosah, President, Africa Blockchain University; Miklos Denkler, Vice President of Corion Foundation; Bami Jinadu, CEO of Cross Service Logistics International Limited; Ida Froyda, Global Ambassador of Corion; Bolaji Onibudo, President of LeapSoft among others.

Training Sessions

On day two, various training session were held to equip participants to make use of various Blockchain technologies. The various training workshops were organised around solidity, Ethereum Labs, Blockchain Executive Primer, and hands on experience on Humaniq platform.

The Smart Contract session under the Ethereum Labs was more patronised than any other, recording 420 participants. It was overwhelming to see how Nigerians are embracing this innovative technology that is set to change how humanity does many things.

Participants Take

Core Media reached out to some of the participants to solicit what motivated them to take part in the two-day conference and the responses were very interesting. Andrew Humber-Osofisan of Humber International Limited informed Core his company is using the Blockchain to roll out a Lottery and other services and the conference was an opportunity for him to interact with others in the space.

“This is an unprecedented opportunity in my country for me to network with many others in the ecosystem since my company is undertaking different projects on the Blockchain,” Andrew said.

“I’m looking for Blockchain Devs to work with to develop a platform that can assist Charity organisations to receive donations in Crypto and for donors to also track what happens to their donations,” Paul Akiwumi explained his motivation for taking part in the conference.

On the part of Mayo Pipsfinder, CEO, Bcosystem, the event was a good chance for him to pitch his product to investors. He says:

“The motivation to be here is to purposely explore how I can get investors to invest in my multiple crypto wallets with an in-built exchange. My company is poised to take this innovative product to the market and need investors on board. I wish more of such events are organised regularly here in Nigeria.”

The enthusiasm this event generated points to an Africa that’s more than ready to embrace Blockchain and cryptocurrencies. Will Nigeria leverage its large population and make the country the hub of the technology in Africa? Only time will tell, but for now, the prevailing situation is awesomely encouraging.