Nigerian government plans to tokenize real estate to increase revenue
The Lagos State government in Nigeria has announced a real estate tokenization plan that will use Blockchain technology to improve the transparency, efficiency, and convenience of real estate transactions. The tokenization plan will last for 16 months and will be led by the Ministry of Technology in collaboration with various institutions and partners. These institutions will use the 500 million naira (314,465 US dollars) budget allocated by the state government to support the plan.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: 25,367 BTC flowed out of miner wallets as Bitcoin approached $90,000
Sui Name Service announces that NS token airdrop is now open
BTC breaks through $91,500
Trending news
MoreCrypto prices
More
