jayboi on Nostr: Which companies are developing e-Naira? The Central Bank of Nigeria partnered with ...
Which companies are developing e-Naira?
The Central Bank of Nigeria partnered with Bitt, a global financial company, to help bring the e-Naira technology to life.
How much privacy does e-Naira have?
Its operation is similar to the usual process of sending Naira from one bank app to another. As far as I know, e-Naira's privacy is very different from digital currencies like Bitcoin. The security in e-Naira mainly comes from KYC (Know Your Customer) requirements, encryption to protect user information, and it follows Nigeria's laws and regulations.
Published at
2024-09-19 18:27:33 UTCEvent JSON
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"content": "Which companies are developing e-Naira?\n\nThe Central Bank of Nigeria partnered with Bitt, a global financial company, to help bring the e-Naira technology to life.\n\nHow much privacy does e-Naira have?\n\nIts operation is similar to the usual process of sending Naira from one bank app to another. As far as I know, e-Naira's privacy is very different from digital currencies like Bitcoin. The security in e-Naira mainly comes from KYC (Know Your Customer) requirements, encryption to protect user information, and it follows Nigeria's laws and regulations.\n\nhttps://m.primal.net/KtjK.jpg",
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}
