Free Airdrop: Catly Token for Binance Users

Catly platform is the world's first token that supports buybacks during the presale. Binance users can claim 500 CATLY TOKENS for free with auto staking, and the claimed airdrops will be unstaked after listing and the daily stake rewards are allowed to be sold or staked again.  There is information that Catly is likely to be listed on Binance Exchange so take the opportunity to mine Catly token now! Below are the steps to claim the airdrop: Step 1: Register by clicking the "Sign Up" button using Gmail and create a Password.  Click "CLAIM" at the top right corner and enter only your USDT (Bep-20) wallet address from Binance and tap submit.  Step 2: Without delay, go to your Binance Spot account to check the USDT or check the email alert sent by Binance.  Wait for the USDT to be sent to your Binance account, and check the USDT amount that was sent to your Binance account.  Step 3: Go back to the Catly website, you will be asked to enter the amount of USDT that

Blockchain technology has the potential to increase Nigeria's GDP by $29 billion by 2030




blockchain-technology

Blockchain technology has the potential to revolutionise the Nigerian economy. According to Enhancing Financial Innovation & Access (EFInA) research, it can increase Nigeria's GDP by $29 billion by 2030, mainly by instilling trust in business, government transactions, and processes.

Enhancing Financial Innovation & Access (EFInA) is a Finacial Sector Development organisation that promotes inclusive finance in Nigeria. EFInA is funded by the UK's Foreign Commonwealth & Development office (FCDO) and Bill & Melinda Gates Foundation.

EFInA identified four key use cases of blockchain technology in Nigeria- Enabling Identity Management, Payments, Access to Finance, and Land Titling & Registration- outside of cryptocurrency, which is a major application of blockchain technology and a recurring topic of discussion amongst regulators and government entities around the world today.

Driving financial inclusion in Nigeria has been highlighted by the Central Bank of Nigeria (CBN) as a key objective. As financial inclusion in Nigeria stands at 64 per cent, falling short of the National Financial Inclusion Strategy has the potential to revolutionise Nigeria's GDP by $29 billion by 2030

Central Bank of Nigeria (CBN) and SEC recently released a circular on cryptocurrency that speaks to the fact that blockchain technology is on Nigeria policy maker's radar.

EFInA stressed that CBN recently announced plans to launch a Central Bank Digital Currency, which has the potential to support governmental intervention schemes for those in underserved areas and enable efficiency in cross-border remittances.

"To ensure that the potential of cryptocurrency and blockchain technology is realised in Nigeria, a collaborative effort among multiple stakeholder groups is essential Regulators, Financial Service Providers, Development  Institutions, and Donors/Financial Sector Development organizations. These stakeholders groups must find ways to communicate and collaborate to spur innovation-friendly policies and ensure we take a risk-balanced approach in implementing emerging technology in Nigeria."

It added that " other countries have leveraged public-private partnerships and adopted blockchain technology to drive inclusion and efficiency in their financial systems. For instance, the South African Reserve Bank, in collaboration with ConsenSys (a fintech) and the national banking community, leveraged blockchain to reduce the transaction processing time by 75 per cent while increasing trust, confidentiality, and scalability in their financial system."



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