BSV Blockchain introduced to Nigeria with real use case technology

by Arthur · July 28, 2022

Last week saw the Blockchain Developers Summit in Nigeria that delighted over 1,500 attendees consisting of developers, entrepreneurs, startups and technology enthusiasts. Also present was a delegation from Nigeria’s Ministry of Economy – Prof. Umar Garba Danbatta (National Director, National Center for Artificial Intelligence and Robotics) (NCAIR) and Kashifu Inuwa Abdullahi (Director General, National Information Technology Development Agency (NITDA).

An international delegation representing BSV Blockchain included Dr. Maximilian Sinan Korkmaz, founder of My2Cents, Michał Scisłowski, CEO and founder of Soundoshi, and Lorien Gamaroff, co-founder and CEO of Centbee.

Most notably, both My2Cents and Centbee saw a sharp increase in traffic and downloads on the evening of the event. As for My2Cents, traffic increases have continued at an astonishing rate with a large proportion of traffic coming from Nigeria, as can be seen below:

bsv-blockchain-introduced-to-nigeria-with-real-use-case-technology

How My2Cents works: Users pay a fraction of a cent to post, and then other users pay similarly small amounts to like, comment and re-use their content. The BSV chain as a whole processes over 1,000,000 transactions daily:

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About BSV Blockchain Association

BSV is the ideal blockchain for corporate and government projects. With unlimited on-chain scaling, the BSV blockchain meets the needs of large-scale technology applications: high transaction volumes, high speed, predictable low fees, micropayment capabilities, and greater data capacity. Its powerful technical capabilities enable smart contracts, tokenization, IoT device management, computation and more. As a public ledger, BSV also enables transparency, auditability and more honesty for authorities, citizens and businesses. Applications at BSV now span a wide range of industry sectors – media and entertainment, social media, online gaming, Metaverse/AR/VR, digital advertising, data integrity, ID management, public services, supply chain, accounting, RegTech, distributed network intelligence, Internet of Things and financial services. BSV also supports an environmentally friendly and regulatory compatible blockchain ecosystem that companies and authorities want.

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