Buying and selling shares on the blockchain
Hardly a day goes by with out a story on cryptocurrencies or the blockchain. This time, the Nigerian Inventory Change plans to undertake blockchain know-how to settle transactions.
Temi Popoola, CEO of the Nigerian Change, believes that this improvement will encourage extra younger people who find themselves main adopters of cryptocurrencies to make use of the NSE.
Nonetheless, Oluwanifemi and I argued that the know-how used for settlement shouldn’t be answerable for the low patronage among the many youthful viewers. As an alternative, a excessive barrier to entry and low returns for buyers means few persons are desirous to put money into corporations listed on the NGX.
Following that, we mentioned Kenya’s plan to manage “tech practitioners” within the nation following a invoice handed by the parliament. The invoice, which stays obscure on who qualifies as a tech practitioner, desires to license and register everybody who works within the nation’s rising tech sector.
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