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Conference on blockchain scheduled for Thursday

BY: Graphic Business

An American technology firm, VX TECHNOLOGIES, in conjunction with the American Chamber of Commerce in Ghana, will host a blockchain conference in Accra on Thursday, August 25.

It is on the topic, “Ghana’s Future on Blockchain”.

A release issued by the chamber in Accra yesterday said; “The American company, registered in Ghana, has innovative blockchain solutions with the power to create a safer and more secure digital future for Ghana.

The company seeks to deploy its blockchain solutions in Ghana to leapfrog legacy storage systems and future-proof Ghana’s digital infrastructure. Many records, including healthcare documents, education certifications, and professional licenses, benefit from being on blockchain.”

At the event, the release noted that the company’s president, Justin Pauly, will demonstrate how blockchain innovations generate revenue, lower costs, and provide special features to governments and businesses.

“Some examples are that governmental bodies will be able to generate earnings by registering professionals’ credentials on the blockchain and that businesses can secure and verify vital records such as international certifications.

The blockchain also reduces the time, energy, and cost for verification of data authenticity while storing information permanently and immutably,” the release added.