A Nigerian expert has proposed the implementation of blockchain technology to improve the country's financial infrastructure and combat corruption.
The expert argues that current banking infrastructure has weaknesses that can be exploited for unethical behavior, but blockchain technology can be used to temper-proof transactional records and produce accurate reportage of revenue generated by financial institutions.
The expert also emphasizes the potential of blockchain to simplify payments for small and medium-sized enterprises and its application in various areas of governance.
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