Dr Maxwell Opoku Afari has promised that the central bank of Ghana will stay committed to blockchain innovations. The First Deputy Governor said Bank of Ghana is in support of blockchain advances that can push the country’s development agenda.
Afari said this delivering the keynote address at the second edition of the Blockchain Conference in Accra. He assured that Bank of Ghana will continuously provide supportive regulations without undermining stability of the financial system.
Afari urged participants to be responsible in the usage of the technology. “I urge you to be guided by responsible innovation in your deliberations on Blockchain and its application for the financial sector”.
This conference was organised by Blockchain Network with support from Bank of Ghana and other stakeholders. It is the second edition and was themed, “Blockchain technology for Development”.
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The conference brought together over 150 participants across the country and beyond. The aim of the conference was to create awareness of the Blockchain technology and network with colleagues.
It also yearns to create a good regulatory environment for Blockchain technology to flourish. The conference as well brought stakeholders together to share best practices, and know the policy issues.
Nancy Dotse’s comments
Nancy Dotse is the Organizing Committee Chair of Ghana Blockchain Conference. Dotse emphasised the need for higher stakeholder dialogues on Blockchain /Crypto Currencies.
In her opening address at the conference, Dotse hinted that advent of blockchain technology has modified the way we do business worldwide.
“The advent of Blockchain / Crypto Currencies has undoubtedly changed the paradigm of business transactions worldwide. And Ghana is no exception as a number of Ghanaians are signing on to different Blockchain platforms”.
Support from Prof Quaynor
Prof Nii Quaynor, a renowned computer scientist was also present at the conference. The professor stated that computer science inventions continue to challenge our social and economic norms. He stressed that we now have a chance to see how computer science can build trust through Blockchain.
Quaynor highlighted that acceptance of the blockchain innovations will influence many aspects of our lives hence we should embrace it with best practices.
Members at the conference learnt through a couple of blockchain topics. The topic included Blockchain Technology for Development, Blockchain, Cryptocurrency. Other topics were also Real Estate, Financial Systems, Safety, Education, and Policy & Development.