Live Chat

Crypto News

Cryptocurrency News 1 years ago
ENTRESRUARPTDEFRZHHIIT

Nigeria's Blockchain Education Faces Challenges in Language Barrier and Government Actions

Algoine News
Summary:
Blockchain experts in Nigeria discuss the challenges faced in public blockchain education and raising awareness at the Stakeholders in Blockchain Technology Association of Nigeria's Digital Assets Summit. Language barriers and negative perceptions due to government actions impact the progress. Despite this, Nigeria remains highly interested in cryptocurrencies, ranking second in Bitcoin search interest globally.
Nigeria faces challenges in public education regarding blockchain and crypto despite having a high level of awareness in both areas. At the Stakeholders in Blockchain Technology Association of Nigeria's Digital Assets Summit, local experts discussed these issues. The panel, titled "Web3 Education: Capacity Building," explored the country's current understanding of blockchain and Web3, as well as the obstacles encountered thus far. According to Bello Usman Abdullahi, the COO of Bitkova Academy, one major challenge is the language barrier due to the complex nature of blockchain technology and its terminology. Nigeria is known for its linguistic diversity, with over 500 languages spoken. Nevertheless, local blockchain hubs have started educating individuals in Nigerian languages to bridge this gap. Abdullahi emphasized the importance of helping newcomers comprehend Satoshi Nakamoto's vision for blockchain technology, particularly in dispelling fears and negative perceptions fueled by the Central Bank of Nigeria's actions. In February 2021, the government severed ties between local banks and crypto exchanges, impacting the level of blockchain awareness in the country. Despite this setback, Nigeria remains highly interested in cryptocurrencies, as demonstrated by its ranking as the second-highest country for Bitcoin search interest, as shown by Google Trends data.

Published At

9/7/2023 7:16:18 AM

Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.

Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal? We appreciate your report.

Report

Fill up form below please

๐Ÿš€ Algoine is in Public Beta! ๐ŸŒ We're working hard to perfect the platform, but please note that unforeseen glitches may arise during the testing stages. Your understanding and patience are appreciated. Explore at your own risk, and thank you for being part of our journey to redefine the Algo-Trading! ๐Ÿ’ก #AlgoineBetaLaunch