Founder Eka and Eka seek the advice of Steph mekwuye.
Financial development and improvement in addition to accountable on-line enterprise and monetary transactions is given a facelift and fragrant flavour with the emergence of blockchain know-how, the general public ledger that retains impeccable data of each single enterprise transaction on the planet in a safe, accountable clear manner that emphatically and drastically eliminates all manners of unlawful and unacceptable behaviours in each essential enterprise sector and equipment of presidency. With the approaching of blockchain know-how, there may be risk that the world turns into a extra clear place with no room for any type of detrimental traits equivalent to cyber crime, electoral malpractices, high-level corruption and any sort of social and financial misappropriation one might consider.
Steph Mekwuye, an rising know-how fanatic and founding father of Eka and Eka Seek the advice of, runs a blockchain consulting, assets, coaching and schooling platform with the only intention of repositioning the Nigerian mindset and social worth chain to wholesomely embrace the brand new lease of life that blockchain know-how is providing to the world. A regulation graduate with sterling honors inclusive of the recipient of the award successful evaluation in P2P applied sciences and IPR regulation; Steph Mekwuye is already a pioneer shining brightly on the forefront of effecting social change within the Nigerian society by way of the strong and impeccable instrumentality of rising applied sciences, particularly blockchain know-how, utilizing the peer 2 peer (P2P) file sharing know-how as a springboard.
Steph E. O Mekwuye receiving the award for greatest evaluation in Legislation and P2P applied sciences.
P2P file sharing, which is a subset of blockchain know-how, is the distribution and sharing of digital media information utilizing P2P networking know-how which permits customers to entry media information equivalent to books, music, motion pictures, journals, photographs and video games utilizing a P2P community to find the wishes content material. P2P file sharing community is a brand new whirlwind of three.zero ICT explosions that’s already steadily changing what we’ve got as the two.zero web at this time, albeit in a extra organized, safe, immutable and clear platform. That’s the reason Steph Mekwuye is in Nigeria to market this lofty technological paradigm shift to the overwhelming majority of Nigerian individuals who don’t want to left within the lurch when the current web age turns into outdated (it might quickly be).
Because the world grapples with strategically place using this new know-how in societies, Steph Mekwuye refuses for Africa to be left behind., as was the case with desktop computer systems and web in addition to blackberries and androids. Steph Mekwuye’s motivation and keenness about remaking the Nigerian social and enterprise atmosphere is to make sure that blockchain know-how turns into a method of change in our society, a brand new manner of studying and doing issues, a path to employability for the youths in Nigeria no before its emergence in Europe. The purpose is to shut the widening hole of the masterful utilization of analysis, science and technological improvements, between Africa and west.
The Nigerian immigration and Steph Mekwuye.
The first main and devastating consequence of the failure of African nations to shut the broad gulf of social, infrastructural and institutional developments between them and Their European counterparts is Africa’s lack of ability or reluctance to see knowledge and software program improvement as an financial builder and gateway of the 21st century. A higher a part of the African society have didn’t reside as much as the completely different spectrum of rising 21st century challenges as a consequence of failure to construct a worth chain and system that acknowledges and embraces 21st century technological realities and improvements.
When the thought of a cashless world first got here to the fore, majority of businessmen and ladies doubted the opportunity of its effectivity and therefore regarded it as a fairytale ideology. Folks then thought the coverage of cashlessness would solely quantity to a state of affairs monetary helplessness to the unusual enterprise man or lady who erroneously imagines that doing enterprise with out massive chunks of money about was impossibility. However at this time, the world is 89% cashless, phrase have been laid within the strains with the arrival of e-banking, cash transfers and on-line shopping for and promoting. This pattern hitherto considered inconceivable has gone an extended method to drastically cut back freeway armed robberies, decide pocketing and bag snatching on our roads and highways. Cashless transactions, as a lot as it’s efficient haven’t completely succeeded in outflanking or eradicating on-line shoplifting, bank card manipulations and irresponsible on-line transaction. However with blockchain know-how, all manners of on-line enterprise transaction might be as clear as a cellophane and as clear as a whistle.
Audio system and Lagos state Authorities attendees.
The lists of advantages that blockchain know-how has to supply are infinite. From the availability chain administration that gives the uncommon advantages of hint potential and value effectiveness which permits a businessman or lady to trace the origin, amount and motion of products till the products attain their last vacation spot in a brand new stage of unprecedented transparency. Therefore, the processes of fraud and diversion are forestalled whereas rightful possession switch, assurance and funds are simplified.
Steph E. O Mekwuye The future and arithmetic of information science.
The policing traits of blockchain know-how are enviably mirrored in its potential to guide a businessman or lady all the best way to the purpose of origin, if an irregularity is detected alongside the availability chain. This facilitates a simple investigation to such irregularities.
Information of enterprise transactions by way of blockchain know-how enormously eliminates the opportunity of human errors and falsification of data as a result of data have a manner of being verified in a manner that’s much like intelligence sharing every time they (data) are handed on from one blockchain node to a different. The course of has a extremely delicate and traceable audit path that secures the integrity of an organization’s monetary data as makes fraud and monetary data misappropriation inconceivable. Blockchain know-how is the ultimate nail within the coffin of corruption monetary crimes in all private and non-private establishments. Institutional weaknesses, price range padding, inflation of contract figures, web fraud, issue in accessing loans, the listing is never-ending.
Embrace the brilliant future .
With blockchain know-how, there may be promise of a world seen in constructive gentle. It’s a world that’s clear, reliable and promising.
Fixing Challenges in Growing Nations with blockchain tech medium.com.