{"id":6186,"date":"2024-09-16T02:27:26","date_gmt":"2024-09-16T02:27:26","guid":{"rendered":"https:\/\/acudc.com\/?p=6186"},"modified":"2024-09-16T02:29:01","modified_gmt":"2024-09-16T02:29:01","slug":"blockchain-and-ai-are-key-to-fighting-financial-crime-in-africa-nigeria-official","status":"publish","type":"post","link":"https:\/\/acudc.com\/zh\/blockchain-and-ai-are-key-to-fighting-financial-crime-in-africa-nigeria-official\/","title":{"rendered":"Blockchain and AI are key to Fighting Financial Crime in Africa: Nigeria Official"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"6186\" class=\"elementor elementor-6186\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"577\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2024\/09\/News0916.03-1024x577.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2024\/09\/News0916.03-1024x577.png 1024w, https:\/\/acudc.com\/wp-content\/uploads\/2024\/09\/News0916.03-300x169.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2024\/09\/News0916.03-768x433.png 768w, https:\/\/acudc.com\/wp-content\/uploads\/2024\/09\/News0916.03-18x10.png 18w, https:\/\/acudc.com\/wp-content\/uploads\/2024\/09\/News0916.03.png 1056w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2><!-- wp:list --><\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul><!-- wp:list-item --><\/ul>\n<\/li>\n<\/ul>\n<p>The head of Nigeria\u2019s Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, has proposed using Blockchain and AI to tackle illegal money movements in Africa.<\/p>\n<p>This revelation, shared by Mr. Olanipekun Olukoyede, Nigeria\u2019s Economic and Financial Crimes Commission (EFCC) Chairman says this is the big problem affecting Africa\u2019s stability and development.<\/p>\n<p>At a recent at the Pan-African Conference on Illicit Financial Flows and Taxation, Olukoyede pointed out that African countries lose about $88.6 billion every year due to these illegal money flows. He stressed that if this money could be recovered, it would greatly improve things like roads, hospitals, and schools across Africa.<\/p>\n<p>To fight this problem, the EFCC chief suggested using advanced computer systems, including blockchain and artificial intelligence. According to him, these modern technologies could help track and recover stolen money more effectively.<\/p>\n<p>Olukoyede also emphasized the need for better laws and more trained people to deal with these issues. He mentioned a success story where $311 million linked to a former Nigerian leader was returned from the United States in 2020. This shows how working together with other countries can help.<\/p>\n<p>The EFCC chief called for more pressure on places known as \u201ctax havens\u201d to cooperate in stopping these money crimes.<\/p>\n<p>This proposal fits with Nigeria\u2019s recent efforts to use new technology. The country\u2019s technology agency has been working on policies for blockchain and artificial intelligence in various areas.<\/p>\n<p>As African countries continue to struggle with illegal money movements, using these new technologies could be an important step in solving the problem.<\/p>\n<p>Retrieved from: https:\/\/www.cryptotimes.io\/2024\/06\/30\/blockchain-and-ai-are-key-to-fighting-financial-crime-nigeria\/<\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":6177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[32,38],"_links":{"self":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/6186"}],"collection":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/comments?post=6186"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/6186\/revisions"}],"predecessor-version":[{"id":6190,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/6186\/revisions\/6190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media\/6177"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media?parent=6186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/categories?post=6186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/tags?post=6186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}