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
Michael Saylor： 60 companies hold over 590000 BTC
Bitwise files new ETF targeting firms with large Bitcoin holdings
Montenegro Justice Minister signs Do Kwon extradition to the US
Terra (LUNA) Founder Do Kwon’s Fate Finally Certain – Here’s What Happens Next
The decision that will greatly affect Terra (LUNA) founder Do Kwon's future has finally been shared with the public.
Trending news
MoreCrypto prices
More
