my project

[BamaiBMB]

Hello my name is Muhammed Bukar from maiduguri Borno state one of beneficiary of NITDA Blockchain scholarship under Dominion academic,
my project is,
The impact of Blockchain in the socio economic development of nations,
Blockchain is a decentralized of transaction through peer to peer (p2p) without involvement of a third party,
(1),it helps in the verification and trace Bility of transaction
(2),it can provide secure transaction and reduce course of transaction
(3),it abolish financial borders currently controlled by banks
(4),it helps audit original of token and cryptocurrency
(5),it is highly secured system that is protected by nudes security system
(6),it can be used in acquiring digital assets
(7),it can facilitate youths engagement for employment
Advice
(1), blockchain technology should be adopted and utilised by government and financial authorities
(2), government should find a way in introduction taxes or royalties for revenue generation
(3), financial authorities should endeavor to provide their own token's in order to key in international transaction's
(4), companies and businesmen should be encouraged to use Blockchain technology in their international transaction's and also as a back up for acquiring digital assets
(5), blockchain technology can be adopted by government, private employee, student's, youth's, to create income by trading in block chain cryptocurrency token's