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Home»NBA»Alternative currencies in the digital age, a hot topic at #NBA-SBL2021
NBA

Alternative currencies in the digital age, a hot topic at #NBA-SBL2021

JamesMcGheeBy JamesMcGheeMarch 2, 2024No Comments4 Mins Read
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…As Experts Tackle Money Disruption in 2021!

Experts and analysts said the session on “Alternative Currencies in the Digital Age” at this year’s Annual Business Law Conference (a hybrid conference) of the Nigerian Bar Association Section on business law (NBA-SBL) is a session not to be missed. by legal practitioners, technology entrepreneurs, business executives and other stakeholders, as it promises to be intriguing not only because a panel of highly knowledgeable practitioners and industry players would discuss ‘another technological advancement, but also because the discussion would center on the disruption of money. himself!

A disruption that will be difficult not only because it strikes at the very heart of global economic stability, but also because it occurs at a time when global economies are under enormous stress. Yet with the growing interest in cryptocurrencies and central bank digital currencies, among others, it is clear that the monetary landscape is changing.

Before the Central Bank of Nigeria’s (CBN) announcement banning financial institutions from dealing with local cryptocurrency exchanges and ordering the closure of cryptocurrency traders’ accounts, cryptocurrency startups were acting as exchanges local, helping to facilitate transactions between users. Nigeria has recorded crypto transactions worth $566 million in five years. The rather abrupt shake-up of the CBN has thrown cryptocurrency startups, traders and investors into a state of frenzied readjustment.

A selection of highly competent speakers will therefore be present to discuss best practices in alternative currencies. These include Rotimi Ogunyemi – ICT Lawyer and Chairman of the NBA-SBL ICT Committee. Other distinguished panelists include: Ruth Iselema – co-founder, Bitmama, Victor Ndukauba – DMD, Afrinvest, Michael Ugwu – founder, Freeme digital, Carmelle Cadet – CEO, EMTec, Akin Sawyer – managing partner, Feleman (moderator)

This session will be intriguing not only because a panel of highly knowledgeable practitioners and industry players would be discussing yet another technological advancement, but also because the discussion would be centered around the disruption of money itself! A disruption that will be difficult not only because it strikes at the very heart of global economic stability, but also because it occurs at a time when global economies are under enormous stress. Yet with the growing interest in cryptocurrencies and central bank digital currencies, among others, it is clear that the monetary landscape is changing.

At the end of the session, participants will have a clearer understanding of cryptocurrencies/cryptoassets and Blockchain technology; and would be better able to separate hype from real use cases. Participants will understand all forms of decentralized finance, such as Stablecoins

Participants would understand the emergence of central bank digital currencies (CBDCs) and all forms of centralized alternative currencies such as Govcoins. They would also understand the evolution of the alternative currency ecosystem, the risk environment and regulatory challenges ahead, as well as an understanding of currency disruption and the resulting monetary policy and governance issues. , such as national interoperability, cross-border interoperability, digital identity, cybersecurity and illicit finance

Akin Sawyer is the founder of Feleman Limited, an impact investment and advisory firm focused on Africa. Akin is a non-executive director of Splash Mobile Money, a mobile payments company in West Africa. He spent the first fifteen years of his career in management consulting and the corporate world.

Timi Ajiboye, CEO/Co-Founder of Buycoins. Buycoins helps people start their journey in the open global financial system.

Ruth Iselema is the founder and CEO of Bitmama. Bitmama is one of the best crypto trading platforms to buy, sell and trade Bitcoin, Ethereum, Ripple, Celo and other cryptocurrencies securely.

Carmelle Cadet, Founder and CEO of Emtech, is a strong advocate of Blockchain technology and digital currency for payments modernization and financial inclusion efforts.

The 15th Annual Business Law Conference, titled “Retooling Businesses for Change: Capitalizing on the Technology Explosion,” will be held on Wednesday, July 14 and Thursday, July 15, 2021.

To reserve a place at this conference, please visit: conference.nbasbl.org now as registration is still ongoing.

“Exciting news! The Nigerian Lawyer is now on WhatsApp Channels ???? Subscribe today by clicking the link and stay informed with the latest legal information!” Click here! ………………………………………….. ………………………………………….. …………………………… ……………… .. Unauthorized use and/or duplication of this material and other digital content on this website, in whole or in part, without express written permission from The Nigerian lawyer, is strictly prohibited _________________________________________________________________ (Register Now) ILA Nigeria Branch Celebrates 10 Years with Infrastructure Finance as Theme of 7th Annual Conference International Law Association – Nigeria Branch 7th annual conference on public-private partnerships for sustainable infrastructure financing, April 4 and 5 in Abuja. Details: https://ilanigeria.org.ng/conference _________________________________________________________________

Tel: 08066192650, 08033739869, 08061133497, [email protected], [email protected]

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