In the previous week, Blockchain Developers Summit took place in Nigeria where up to 1,500 people were present taking into account tech enthusiasts, startups, entrepreneurs, and developers. Among the attendees, a delegation came from the Economic Ministry of the country in which Kashifu Inuwa Abdullahi (National Information Technology Development Agency’s Director-General) and Professor Umar Garba Danbatta (National Center for Artificial Intelligence and Robotics’ National Director) were included.
BSV Blockchain Association Endeavors to Expand in Nigeria
The participants of the international delegation responsible for representing BSV Blockchain were Lorien Gamaroff (Antbee-s CEO and co-founder), Michal Scislowski (Soundoshi’s founder and CEO), and Dr. Maximilian Sinan Korkmaz (My2Cents’ founder). It is noteworthy here that both Cantbee and My2Cents witnessed remarkable progress in downloads and traffic after the denouement of the event.
The traffic of My2Cents has increased at a rapid pace and a major section of the respective traffic came from Nigeria. The consumers at My2Cents recompense some a few cents for posting and the rest of the clients recompense some cents to comment on the posts, like them, as well as repost the respective posts. The cumulative processing of the BSV chain comprises more than 1,000,000 transfers per day.
India Becomes Another Target for BSV Blockchain Association
Recently, the BSV blockchain association has taken TimeChain as its collaborator to host an event related to blockchain in India. The chief attention of the event – which is going to be held on 5th August this year – will be focused on the blockchain, tokenomics, micropayments, IoT and IPv6, scalability, as well as their use diverse use cases within the industry of India. A technical factory denoting the products based on BSV blockchain by the member firms will occur on the next day, 6th August.
Another prominent subject to be discussed in the respective summit will be the demonstration of the notion that the internet is going to be democratized and that worldwide commerce will be evolved through the highly cost-effective immutable time-stamping over the distributed public ledger, with consumption lower than even a hundredth proportion of Indian paisa (1 hundredth fraction of an Indian Rupee).
Among the summit’s prominent things is an important address by a think tank at the back of Bitcoin (a p2p system of electronic cash as well as the primary cryptocurrency), Dr. Craig S Wright, as stated by TimeChain Labs’ director – Mallikarjun. In the words of Patrick Prinz, the BSV Blockchain Association’s managing director, the event’s sponsorship counts as a great opportunity to spread education among the entrepreneurs and developers regarding the advantages to be acquired from the BSV’s development in the case of safe end-to-end communication, micropayments, and peer to peer electronic cash.
He added that since blockchain-related summits are occurring throughout the world at a rapid pace, the events of BSV are alluring the attention of the people, particularly in India as well as other such countries. As per him, this interest has escalated to such an extent that growth is taking place in the potential and use of blockchains within the Indian jurisdiction.
