Quidax, Commits to Educating People on Blockchain and Cryptocurrencies
At the recently concluded Abuja Blockchain and Artificial Intelligence Roundtable (ABAR), which held on the 19th and 20th of October, Quidax, a Europe-based cryptocurrency exchange, called on the event’s attendees to position themselves to take advantage of the bounty the world blockchain and AI promises.
In his presentation, Buchi Okoro, CEO at Quidax, spoke about the importance of understanding cryptocurrencies as investors and business executives as it is the currency of the future.
According to Buchi, Quidax had been set up to enable people easily buy and sell cryptocurrencies with their local currencies with the higher goal of providing liquidity and tools to power cross-border remittance to and from emerging markets.
Quoting an email newsletter from renowned businessman and author, Robert Kiyosaki, Buchi stated that “Crypto is the future. It’s not a matter of “If” crypto will take down the entire financial world, it’s just a question of “when.”
Buchi stated that one of their objectives at Quidax was to increase the level of understanding about cryptocurrency and blockchain in Nigeria, shedding light on why they were glad to be a part of the event.
“We have been proud to partner with the organizers of Abuja Blockchain and Artificial Intelligence Roundtable and will ensure that we continue to develop and seek new partnerships that will increase the understanding of cryptocurrency and blockchain in Nigeria” he added.
In his conclusion, Buchi stated that there is a need for regulations to bring sanity to the space and protect the general populace but in the absence of that Quidax has taken steps as a responsible corporate citizen to protect its users and increase the level of awareness about cryptocurrencies.
The roundtable brought together players in Blockchain and Artificial Intelligence, the banking sector, industry players and government functionaries. The objective was to go beyond the hype about cryptocurrencies and provide a framework for thinking about what the convergence of Blockchain and Artificial Intelligence would mean to Nigeria’s economic prosperity agenda.
Quidax is a Europe-based digital assets exchange that provides an easy platform for users to send, receive, buy and sell, digital currencies including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and Bitcoin Gold using their local currencies.