Techpoint Africa Podcast

Trading stocks on the blockchain

June 14, 2022 · 1 min read
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Hardly a day goes by without a story on cryptocurrencies or the blockchain. This time, the Nigerian Stock Exchange plans to adopt blockchain technology to settle transactions. 

Temi Popoola, CEO of the Nigerian Exchange, believes that this development will encourage more young people who are major adopters of cryptocurrencies to use the NSE. 

However, Oluwanifemi and I argued that the technology used for settlement is not responsible for the low patronage among the younger audience. Instead, a high barrier to entry and low returns for investors means few people are eager to invest in companies listed on the NGX.

Following that, we discussed Kenya’s plan to regulate “tech practitioners” in the country following a bill passed by the parliament. The bill, which remains vague on who qualifies as a tech practitioner, wants to license and register everyone who works in the country’s growing tech sector. 

These subjects were all discussed by the Techpoint Africa editorial team, and you can get the podcast on all podcast platforms, including Spotify, Google Podcasts, and Apple Podcasts. You can also share on your social media platforms using the hashtag #TechpointAfricaPodcast or send us feedback at podcast@techpoint.africa.

Chimgozirim Nwokoma

Chimgozirim Nwokoma

Author

Accidental writer, covering Africa's startup landscape and its heroes.

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