Ray Sharma, General Partner, Pacer Ventures,
Ray Sharma, General Partner, Pacer Ventures,

What ‘ll Give Nigeria Edge in Africa’s Tech Advancement – Experts

TECHDIGEST- A cross section of international tech experts have commended the efforts of the Nigerian government in driving digital innovation, in the last few years.

They however, advocated for the use of blockchain technology to sustain the growth of the country’s digital economy sub-sector.

The experts spoke on, “Blockchain Innovation,” at the ongoing Digital Nigeria Day 2022 Conference and Exhibition, in Abuja.

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According to Ray Sharma, the President Muhammadu Buhari-led administration deserves resounding commendation for the digital revolution taking place in the country.

“But the Nigerian Government, again, must make the right decision to indulge in blockchain technology, so as to attract more investments for the country,” he noted, while speaking on, “The Importance of Blockchain for Digital Transformation”.

Sharma, the General Partner of Pacer Ventures, defined blockchain as a necessary piece of digital infrastructure, saying that the core blockchain environment is thriving in Africa.

“And its adoption in Nigeria will give the country an edge in the technological advancement taking place in Africa,” he said.

The Lead of BSV Blockchain for Government Initiative Middle East, Ahmed Yousif, noted that the full deployment of blockchain in Nigeria will help to secure relevant data for all internet devices, especially the ones vulnerable to hacking.

He pleaded with the federal government to provide digital tools to young and smart Nigerians that are ready to harness the opportunities in blockchain and other tech system applications.

 
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