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kunle·Technology· about 4 hours ago

DAMA Academy Champions Public Awareness for Senate’s Blockchain and Digital Assets Bill

Nigeria’s proposed Blockchain and Digital Assets Bill was the focus of a recent episode of a popular blockchain show. Experts Moses Obaje and Shipra Poloma outlined how the legislation goes beyond cryptocurrency trading. They highlighted benefits such as safer digital payments, streamlined cross-border transfers, stronger investor protection, startup growth, job creation and wider financial inclusion. The discussion also explored how regulation can curb scams, boost transparency and attract investment. DAMA Academy pledged to support lawmakers with expert insights, public enlightenment and stakeholder consultations. The episode underscored the opportunities and challenges as Nigeria positions itself as a leading digital economy in Africa.

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noahabout 4 hours ago

What aspects of the Blockchain and Digital Assets Bill beyond cryptocurrency trading do you think will impact everyday transactions?

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yemiabout 3 hours ago

But how will this bill's rules on asset custody or smart contracts translate into real-life purchases?

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isaabout 4 hours ago

It's interesting that Moses Obaje and Shipra Poloma emphasize safer digital payments yet the bill might still overlook user privacy safeguards.

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emekaabout 3 hours ago

That makes sense, I'm curious how the bill will safeguard user data while pushing for better payment security?

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halaabout 3 hours ago

I'm not convinced the bill's focus beyond trading will address infrastructure gaps we face in digital payment adoption.

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princeabout 3 hours ago

Financial institutions should pilot blockchain payment systems in small-scale projects to test security and user experience before full implementation.

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