Baze University – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Mon, 09 Sep 2024 13:17:35 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Baze University – Tech | Business | Economy https://techeconomy.ng 32 32 Cyberchain, Baze University to Host Tokenized Economy Conference & Exhibition 2024 https://techeconomy.ng/cyberchain-baze-university-to-host-tokenized-economy-conference-exhibition-2024/ https://techeconomy.ng/cyberchain-baze-university-to-host-tokenized-economy-conference-exhibition-2024/#comments Mon, 09 Sep 2024 13:17:35 +0000 https://techeconomy.ng/?p=142669 Cyberchain, an African Web3 and Digital Economy aggregator, in collaboration with Baze University, is set to host the Tokenized Economy Conference & Exhibition 2024 (#TE24).

Scheduled for October 3rd to 4th, 2024, the event will take place at the Multi-Purpose Hall of Baze University in Abuja, Nigeria.

TE 2024 aims to bring together global leaders, industry experts, innovators, academics, venture capitalists, regulators, and policymakers under the theme “Real World Assets Tokenization.”

In a statement, Engr. Jude Ozinegbe, founder and convener of Cyberchain, highlighted the importance of Tokenized Economy Conference & Exhibition 2024 as a key platform for facilitating dialogue, collaboration, and innovation within the digital economy space.

Nigeria is continually to scale in the Web3 and Digital Economy sectors, and this event will drive discussions and partnerships that will shape the future of technology and business in the region.

Key Objectives of TE 2024:

  • Dialogue: Facilitating in-depth discussions on emerging trends and essential issues impacting the digital sector.
  • Collaboration: Promoting partnerships that drive innovation, growth, and digital transformation.
  • Networking: Providing a platform for key players from government, industry, and academia to connect.
  • Innovation: Showcasing cutting-edge technologies and solutions that are set to transform the global economy.

Highlights of the Event:

  1. Inspiring Keynotes:
    Attendees will hear from innovative speakers, including the Director General of NITDA, officials from Baze University, and representatives from the Securities and Exchange Commission (SEC), discussing the future of emerging technologies and financial inclusion.
  2. Engaging Panel Discussions:
    Panel topics will explore subjects such as:

    • The role of blockchain in economic development.
    • The importance of SEC licensing for startups.
    • Tokenizing real estate and large assets.
    • The growing need for cybersecurity in tech solutions.
  3. Workshops and Masterclasses:
    Participants can gain practical skills in areas such as artificial intelligence (AI), blockchain technology, coding, data science, and more.
  4. Exhibition and Startup Pitches:
    TE 2024 will feature an exhibition of innovative technologies, alongside startup pitches that showcase promising solutions to real-world challenges.

The conference theme, “Tokenized Economy,” emphasises the prospects of blockchain technology in creating shared prosperity.

In enabling fractional ownership of real estate, physical assets, and infrastructure, tokenization lowers economic and political barriers that traditionally limit access.

This democratisation of asset ownership has the capacity to stimulate economic growth, enhance transparency in governance, and improve access to essential services.

Cyberchain continues to champion initiatives beyond the conference itself. These include:

  • Capacity Development Initiatives: Empowering Nigerians with in-demand digital skills.
  • Startup and SME Support: Offering programmes that help startups and small businesses flourish in the digital economy.
  • Next Gen Pitch Competition & Awards: Recognising the ingenuity and innovation of Nigerian startups through competitions and awards.

Why Sponsorship Matters:

Sponsors of Tokenized Economy Conference & Exhibition 2024 will have the opportunity to:

  • Support Tech Innovators: Contribute to the growth of technological innovation among startups and help build a dynamic economy.
  • Connect with Influencers: Engage with thought leaders and decision-makers in the Nigerian Web 3 and digital economy sectors.
  • Gain Valuable Insights: Learn from experts on the latest trends, challenges, and opportunities in the digital economy.
  • Drive Collaboration: Forge partnerships that propel the digital economy forward.

How to Registration

To register for the Tokenized Economy Conference & Exhibition #TE24, visit the website.

For further inquiries, please contact the email. TE 2024 promises to be a landmark event that will shape the future of tokenized assets and the digital economy in Africa.

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Blockchain and AI: Catalysts for Nigerian Economic Transformation https://techeconomy.ng/blockchain-and-ai-catalysts-for-nigerian-economic-transformation/ https://techeconomy.ng/blockchain-and-ai-catalysts-for-nigerian-economic-transformation/#respond Mon, 12 Aug 2024 07:30:00 +0000 https://techeconomy.ng/?p=139685 The integration of Blockchain Technology and Artificial Intelligence (AI) holds immense potential for the Nigerian economy, offering transformative benefits that could redefine the landscape for businesses and government operations alike.

As Nigeria faces numerous challenges, including corruption, inefficiencies, and economic volatility, the synergy of Blockchain and AI emerges as a game changer, promising transparency, efficiency, and innovation.

Addressing Nigeria’s Challenges with Blockchain and AI

Nigeria’s economy grapples with issues such as fraud, lack of transparency, and inefficient processes. Blockchain Technology, with its decentralized and immutable ledger system, ensures data integrity and transparency, significantly reducing corruption and fraud.

AI, on the other hand, offers predictive analytics, process automation, and enhanced decision-making capabilities.

Together, these technologies can streamline government operations, enhance service delivery, and foster a more inclusive economy.

Digital Assets and Real Estate Tokenization: Shared Prosperity

One of the most promising applications of Blockchain Technology in Nigeria is the tokenization of digital assets and real estate.

By converting real estate assets into digital tokens, ownership becomes more accessible, enabling fractional ownership and democratizing investment opportunities.

This can lead to shared prosperity, as more Nigerians can participate in real estate investments previously out of their reach. The tokenization of assets also enhances liquidity and provides a secure and transparent transaction platform, attracting both local and international investors.

Join Us at the Tokenized Economy Conference

Cyberchain, Africa’s leading Web 3 and Digital Economy Aggregator, is proud to announce the Tokenized Economy Conference, set to take place on the 3rd and 4th of October at Baze University, Abuja.

This event, dedicated to promoting Blockchain adoption in Nigeria, is part of Cyberchain’s ongoing efforts, spanning over half a decade, with successful impacts in more than five states and over 20,000 Nigerians.

The conference will accommodate over 3,000 participants and feature over 30 Tech leaders from both the public and private sectors. This is a must-attend event for real estate practitioners and government executives eager to explore the transformative potential of Blockchain and AI.

“Digital Assets Tokenization, powered by Blockchain Technology, is a game changer for any organization or government that intends to elevate their businesses or the lives of their citizens, respectively. We are delighted that Cyberchain has taken the driver’s seat to bring this great opportunity to Nigerians,” says Mr. Jude Ozinegbe, Founder of Cyberchain, author of Embracing Nigeria’s Digital Economy and Blockchain Facilitator at Baze University, Abuja Nigeria.

Empowering Future Innovators

On the second day of the conference, October 4th, the Innovators Challenge, dubbed the Next-Gen Pitch Competition, will take place.

This initiative encourages university undergraduates to develop applicable Blockchain solutions, referencing the Internet Computer Protocol Blockchain, addressing real-world challenges.

The winning teams will share a prize pool of N5,000,000, fostering innovation and entrepreneurship among Nigerian youths.

Mr. Adedayo Adebajo, co-founder of ICP.Hub Sahara West Africa, remarks, “We are excited to collaborate with Cyberchain to empower Nigerian youths with the relevant tech, incubation, and kick-off financial support, enabling them to look within and propose homegrown innovative solutions to the challenges peculiar to us in Nigeria and Africa. We are confident that the winners will become positive success stories in the future.”

Tokenized Economy is sponsored by Zinochrome, Hyperspace, Alphageek, ICP_Sahara, NITDA, supported by Baze University, SiBAN, CDIN, BICCON, BEAN, and numerous community partners.

Interested individuals in Abuja and environs, can register to attend this event for free at cyberchain.com.ng/register

[For sponsorship and exhibition, kindly send an email to: info@cyberchain.com.ng]

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NCC Hints on Plans for 5G Licenses in 2023 https://techeconomy.ng/ncc-hints-on-plans-for-5g-licenses-in-2023/ https://techeconomy.ng/ncc-hints-on-plans-for-5g-licenses-in-2023/#comments Sun, 04 Dec 2022 18:36:23 +0000 https://techeconomy.ng/?p=90492 The Nigerian Communication Commission (NCC), the regulator of Nigeria’s burgeoning telecommunications sector, has concluded plans to roll out two additional 3.5GHz spectrum licenses for the Fifth Generation (5G) licenses in 2023.

This is in furtherance of the Commission’s determination to fast-track the achievement of the National Digital transformation agenda of President Muhammadu Buhari’s government.

Professor Umar Garba Danbatta, Executive Vice-Chairman and Chief Executive Officer (EVC/CEO), NCC, revealed this at the TechTV, Digital Agenda Forum which held in Lagos last week.

The session, which had the theme “Looking Forward 2023 – Convergence of 5G, AI, IoT & Blockchain.” was a platform to review the activities and progress in the nation’s ICT industry in 2022 and an insight into expectations for 2023.

Prof Danbatta, speaking through Dr. Chudi Diugwu, Deputy Director, New Media and Information Security at the Commission, “the NCC is working to ensure a comprehensive Digital Transformation as a key driver by converging and harnessing the successes of various emerging technologies at our disposal for the common good of our nation’s transformation agenda.”

NCC and TechTV
Dr. Chudi Diugwu, Deputy Director, New Media and Information Security at NCC representing the EVC (PHOTO: TechTV).

He explained that artificial intelligence (AI) programs are necessary for a fully functional and efficient 5G network as conventional 4G networks with all-IP (Internet Protocol) broadband connectivity are reactive, which results in low spectrum utilization.

The field of Al and its subcategories such as machine learning and deep learning has advanced to the point where 5G wireless networks can now be proactive and predictive, which is crucial for realizing the 5G vision of high spectrum utilization by enabling new advanced services based on its support for Ultra Reliable Low Latency Communication (URLLC).

In addition, he added, that the 5G network will be critical to fully implementing the Internet of Things (loTs) that connects computing resources such as sensors, automobiles, and wearable gadgets with people.

Prof Danbatta remarked that to enhance economic transformation, the NCC is making efforts to continually drive initiatives that accelerate the deployment of digital infrastructure in Nigeria. It is through this effort that the Commission had in December 2021 awarded two telecommunication companies the bid for the 5G spectrum licenses in one of the most remarkable and successful auctions in Africa.

Ghanaian Consul General in Lagos, her Excellency, Samata Gifty Bukari, thanked the Nigerian Communications Commission for providing an uncommon regulatory prowess that other African telecom regulator are emulating as the NCC continues to create an enabling Telecom environment for investors.

She called on leaders across the continent to be committed to digital economy agenda as it has the potential to transform nations noting that digital education is a panacea not an option in this age.

Rita Ndidi Amuchienwa, Country Executive Leader, West Africa Intel Corporation, who delivered the keynote address stated that the firm is investing in education, especially skills for innovation and artificial intelligence. It is working with state governments to expand access to digital knowledge and skills.

L-r: Rita Ndidi Amuchienwa,Country Executive Leader, West Africa Intel Corporation, Don Pedro Aganbi, Converner, TechTV Digital Agenda Forum, Samata Gifty Bukari, Ghanaian Consulate General in Lagos, and Dr. Chudi Diugwu, Deputy Director, New Media and Information Security at NCC (PHOTO: TechTV).

She revealed that Intel is empowering universities noting that it has a project with Baze University to build a platform to enable them to take the know-how to the grassroots.

Pius Okigbo Jnr, CEO, InfoSoft Nigeria Limited, and the Chairman of the Digital Agenda Forum 2022, noted that education is critical to creating the future we desire.

He called on governments at all levels to make education a priority.

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