He said this would lead to the economic diversification of the continent.Inuwa made the assertion on Wednesday at the virtual Digital Africa Conference and Exhibition 2021 where he spoke on “Building a New Africa with AI and Blockchain.”
“Nigeria needs to accelerate growth and modernise its economy through the development of a digital-led growth strategy for the Nigerian economy. He also pointed out that the DE4A initiative recognised that the digital economy could help accelerate the achievement of the UN Sustainable Development Goals .
He pointed out that at NITDA, the development and utilisation of emerging technologies was one of the strategic pillars for the 2021-2024 Roadmap and Action Plan of the agency. The Keynote Speaker at the event, Prof. Umar Danbatta, Executive Vice Chairman of Nigerian Communications Commission , encouraged Africa to take advantage of the unprecedented volume of data being generated on sentiment, behaviour, human health, commerce, communications, migration and more.“Adoption of AI solutions are expected to increase tremendously in the next few years and competition among major AI companies is expected to be intense.
He explained that BlockChain was the foundation for cryptocurrency such as bitcoin; one of the newest technologies that had received extensive global attention in recent times.According to him, BlockChain served as an immutable measure that allowed transactions to take place and its applications are springing up, covering numerous fields including financial services, refutation systems, Internet of Things , health, among others.
You lead in blockchain yet you dont want cryptocurrencies. What then are you doing with blockchain that I dont know ?
Lol. They think it's 'operation python dance' àbí Ruga. 😂😂😂
Y’all got jokes
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