Making a case for Cryptocurrency in Nigeria

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A blockchain is a digital LEDGER of transactions that is duplicated across a network of computer systems. Cryptocurrencies are digital payment systems that rely on blockchain technology to verify transactions. They can be used as a medium of exchange for goods services and do not require a central authority as governance is performed through a distributed consensus of the currency’s users. Over the past few years, global attention has shifted to cryptocurrencies due to their potential to enable fast and cheap transactions while opening up possibilities for innovation in sectors such as telecom…

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