Gunn, Australia -- (SBWIRE) -- 10/11/2017 -- Cryptocurrency adoption in Africa is gaining grounds at a rapid pace. Notwithstanding, one critical area that needs a significant push is merchants and business acceptance as a form of payment for goods and services.
Apart from South Africa where there are thousands of merchants accepting Bitcoin and other Cryptos as a form of payment, one cannot go far with Crypto in Africa.
Merchants accepting Bitcoin and altcoins as a form of payment for goods and services in Africa is very critical. It is indispensable and it will boost adoption, offering Africans the freedom and convenience digital currencies bring.
Nigeria is one of the four African countries where cryptocurrency adoption is picking up remarkably. The West African nation is home to over 200 million people and counted among the entities where monetary mismanagement has ruined lives and hindered the creation of wealth for many generations.
Another bright side is that the Central Bank of Nigeria has also given its overwhelming support to Blockchain technologies. There is no doubt the country is ripe for the use of cryptocurrencies.
Based on the above factors, Africa Blockchain University, (ABU) an affiliate of Core Media in conjunction with the Bastiat Society of Nigeria is putting together a two-day Workshop to train 100 merchants and businesses to accept Cryptocurrencies as a medium of payment for goods and services. The event is packaged to equip operators of restaurants, hotels, gas stations, estate agencies, Travel & Tours, supermarkets, car rentals online shops as well as small and medium enterprises to accept cryptocurrencies as a form of payment for goods and services.
Participants will be taken through necessary procedures like:
Accepting Crypto for Transaction
Gadgets & Type of Wallets
Paying Taxes on Crypto Income
The two-day training will take place from 26-27 October 2017 at the Golden Tulip Hotel in Lagos, Nigeria. Some of the trainers include Antonio Madeira of Core Media, Marc Kenigsberg of BitcoinChaser, Bami Jinadu of Nigeria Blockchain Institute, Chimezie Chuta of StartupBits.fund, Frisco d'Anconia, Core Media & Cointelegraph, Ikokpu Ndifreke of Bitpaya among others.
This training is made possible by the Kind sponsorship of Core Media, BitcoinChaser and Bitpaya. Companies that are interested to be part of the sponsors are warmly welcome to contact Core Media for more information and sponsorship packages.
About Core Group
Core Group is dedicated to improving humanity through the use of technology and function for this purpose. Core Group looks to educate all of mankind on methods and technologies that can be used to enrich their lives.