Tuesday
July 13
2021

Analysis: Blockchain Technology Has the Potential to Add $29 Billion to Nigeria’s GDP by 2030

New research by Enhancing Financial Innovation & Access (EFInA) finds that blockchain technology can address barriers to financial inclusion in Nigeria and substantially boost Nigeria’s economy, potentially adding $29 billion to Nigeria’s GDP in this decade.

The report, titled ‘Potential of Blockchain for Financial Inclusion in Nigeria,’ outlines the potential of blockchain to drive financial inclusion and illustrates potential use cases of blockchain technology in Nigeria.

Source: Vanguard Newspaper (link opens in a new window)

Categories
Finance, Technology
Tags
blockchain, financial inclusion, fintech, tech, technology