Second blockchain technology conference: BOG ensures the provision of a regulatory environment General news

The second edition of the Blockchain Conference ended successfully a week ago at the Golden Tulip Hotel in Accra.

Organized by Blockchain Network with the support of Bank of Ghana and other stakeholders, the second edition of the conference theme, "Blockchain technology for Development", brought together over 150 participants in various spheres of Ghana and beyond. The Blockchain Conference was aimed at creating awareness and networking with peers; create a good political environment for Blockchain technology to flourish, get to know political issues, meet stakeholders and share best practices, get first hand demonstrations on some tools and listen to experts.

Speaking during her opening speech at the conference, Organization Committee Chair, Ghana Blockchain Conference, Ms. Nancy Dotse said: "The advent of Blockchain / Crypto Currencies has undoubtedly changed the paradigm of commercial transactions worldwide and the Ghana is no exception as a number of Ghanaians are accessing different Blockchain platforms. " He also stressed the need for more dialogue with interested parties on the Blockchain / Crypto currencies.

The famous information technology scientist and convenor of the Blockchain Conference, Prof Nii Quaynor, said that computer creations continue to challenge our social and economic standards and now we have the opportunity to see how information technology can create trust through Blockchain.

He reiterated that the mass adoption of Blockchain would affect many aspects of our lives, so it is worth seeking the best practices for our community. The professor. Quaynor also clarified that Blockchain has a much broader scope than cryptocurrency and there is a need to discuss openly to find the best use cases that make sense in our environment

The executive director of the Ghana domain registry, Nana Kofi Asafo Adu, also expressed concern about the slow pace of awareness on Blockchain technology and encouraged participants to actively contribute to this new technology during his speech.

Addressing his programmatic speech First Vice Governor of the Bank of Ghana (BOG), Dr. Maxwell Opoku Afari assured the participants of the BOG's commitment to digitize the financial sector to promote the country's development agenda. "For this reason we will continuously provide a regulatory environment that supports innovation without compromising the stability of the financial system, and I urge you to be guided by responsible innovation in your deliberations on Blockchain and its application for the financial sector". Dr. Opoku Afari said.

Conference participants were treated through topics such as: Blockchain Technology for Development, Blockchain, Cryptocurrency, Real Estate, Financial Systems, Security, Education, Politics and Development, as well as other flash presentations to demystify the Blockchain revolution.

Other speakers at the conference: Associate Professor at the University of Ashesi, Prof. Gordon Adomdza, Dr. Pindar Wong of VeriFI, Hong Kong, Michael Van Der Puije, (BOG) Mr. Isaac Impraim (BOG) Mr. Kwadwo Ntim (GhIPSS), Sylvester Se-Edzi (Land LayBy) Mr. Isaac Armah-Mensah (UCC) Mr. Bonnie Atitsogbui of AfriCoinX, Vitus Aborigo, of Stamp Africa, Mr. Ibrahim Toyeeb of Bit Pesa, as well as other expert experts with a thorough knowledge of the blockchain technology.

The conference was preceded by a two-day Blockchain training workshop with resource people from the global and local community. The total training program covered a wide range of topics on cryptography and Hashing technology, development on blockchain, Bitcoin, Ethereum Smart contracts, Blockchain and political discussions. Some experts have advertised Blockchain technology as an incorruptible digital ledger of economic transactions that can be programmed to record not only financial transactions but practically all of value.

Famous radio and television presenter, Mr. Kafui Dey was the master of ceremonies for the event. Finally, the award-winning journalist of the year – Mr.Bard Avle moderated the session on "Blockhain & Development" at the conference.

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