Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) recently held its first ever Blockchain Stakeholders’ Roundtable Dinner at Victoria Island, Lagos
The President of SiBAN, Senator Ihenyen, acknowledged the efforts of the past Presidents especially the founding President, Chris Ani.
There were so many contributions and resolutions by stakeholders on ways to improve the activities of SiBAN both in Nigeria and outside the Country.
One of the recommendations included collaboration by Blockchain Associations like SiBAN, Blockchain Nigeria User Group, and other blockchain associations and the need for these associations to collaborate and not compete with each other.
It was also noted that there is a need to dialogue with the regulators and build a cordial relationship with them and explore other ways to ensure that the government sees the positive side of the blockchain industry.
It was further noted that SiBAN members, especially the corporate members, should come up with innovative and creative solutions and not focus on cryptocurrency.
In less than five years of existence of SiBAN, it was noted that the association has done well in the blockchain space but needs to do better by creating more intrinsic value and that players in the industry should build long-term creative and innovative solutions.
The Roundtable discussion would not be concluded without insights on women inclusion. It was stressed that women should be included in all the activities of SiBAN as there is a need for people in all spheres of influence to collaborate to achieve the desired results.
Some action plans were drawn up after the interactive session and it was noted that SiBAN should work towards data gathering and publish Blockchain data annually as this will make SiBAN more relevant in the international market.
It was also noted that there should be SiBAN Newsletter published monthly or quarterly, which can help in educating the general public about the activities of the group and other information in the blockchain space.