Update: Innoson Motors is disputing this but Vanguard Newspapers which broke the news is yet to remove it from its website (see below). We have updated our articles accordingly. This is largely expected as I wrote in my original piece: “This is not going to be the end of this story – I expect the Central Bank of Nigeria to be concerned.”

Certainly, Innoson Motors would not like to score an own-goal here. Yet, why it took it more than 100 hours to respond is another story.

As always, we see our platform as an education arena – and that does not mean endorsement. Tekedia is a school and teaching something does not mean endorsing it. We will continue to share emerging technologies even if we do not endorse them.  Shine your eyes.

Press Release

"We did not sign any Partnership with any organization on the use of any form of cryptocurrency for the purchase of any product from Innoson Group."

READ FULL STATEMENT ? pic.twitter.com/MXB4xTODL8

— Innoson Vehicles (@innosonvehicles) March 15, 2021

Like Tesla for BTC, Innoson Motors Will Accept Nigeria’s Cryto Zugacoin

At Tekedia Institute, we work hard to co-educate our members. That is why we partnered with US-based Transdisciplinary Agora for Future Discussions Inc. ( TAFFD’s ) to introduce a popular course on exponential technologies and singularity. Our curriculum is a living document as we update it on the fly if something interesting happens in the markets.

Last week, we got to know about Zugacoin, founded by a Nigerian archbishop. In about two hours, Tekedia Mini-MBA Live will host the “blockchain oracle”, Franklin Peters, CEO of crypto-exchange Bitfxt for an academic festival on Zugacoin, Bitcoin, Decentralized Finance and blockchain.

• Topic: A Changing Continent: Zugacoin, Bitcoin, Fiats and DeFi
• Faculty: Franklin Peters
• Date: Monday, March 15, 2021
• Time: 7pm WAT
• Zoom: Tekedia Mini-MBA Board

Tekedia Mini-MBA edition 4 members, Zoom link is in the Board. Those who have paid or about paying for the upcoming June edition, email Admin for link.

Update: Innoson Motors is disputing this but Vanguard Newspapers which broke the news is yet to remove it from its website (see below). We have updated our articles accordingly. This is largely expected as I wrote in my original piece: “This is not going to be the end of this story – I expect the Central Bank of Nigeria to be concerned.” Certainly, Innoson Motors would not like to score an own-goal here. Yet, why it took it more than 100 hours to respond is another story. As always, we see our platform as an education arena – and that does not mean endorsement. Tekedia is a school and teaching something does not mean endorsing it. We will continue to share emerging technologies even if we do not endorse them.  Shine your eyes.

The one thing you must not fail to know about is the next phase of the internet.

This new phase of internet will change everything, including you

This new phase will give you new power and influence more than the current one

If you don’t know it now, you may not know that it is already here.

I have come to agree that one of the best means of economic growth is technological breakthrough.

Imagine the invention of the internet and the combined market worth of all the businesses it supports.

That is why , when innovation is taking place, regulators should be careful else they may stop an engine of global economic growth.

Before I explain what I will be sharing with you let me ask you this simple question.

What is the difference between information and value?

I will try to explain them in terms of communication technologies.

When A sends a copy of information such as image, email, pdf to B, he has sent a copy of the information.

That means, the original copy of the document remains with him. 

This is what the current internet does.

Tell me, the last time you send email to people, do you still have the original copy?

The internet we have now simply helps in the transfer of information from one party to another.

But, see it from another angle. When A send a pdf document to B, and these happen;

•   He no longer have the original document
•  He sent the original document and not a copy
•  He transfer the right of ownership to party B
•  This is what we called the transfer of value

The next phase of the internet is the internet of value. 

It will help to digitize everything that has value such as money, content, deeds etc.

The technology of that internet is the Blockchain.

 If you don’t take this seriously you may not know how powerful this will be.

What do you think of this internet of value?