Blockchain Technology – A Potential Catalyst to Prevent Corruption, says Chinedu Echeruo

199 total views, 2 views today

The guest speaker at MTN Business World Breakfast Meeting Mr. Echeruo has cited blockchain technology as a potential catalyst in the fight against corruption in African countries. This revealing statement was made at the 22nd MTN Business World Executive Breakfast Meeting held in Accra.

According to him, the nature and permanence of blockchain data makes it difficult, if not impossible, for manipulation. This is in consonance with best practices in some countries that have successfully employed blockchain technology in government services such as land registration, voting systems and supply chain management.

Chinedu Echeruo, the global tech entrepreneur gave expositions on issues pertinent to entrepreneurship and leadership citing circumstances leading to the development and success of the app HopStop.

He also indicated that conversations around entrepreneurship and leadership continue to dominate modern day business discussions. In addition, Mr. Echeruo said that “if there’s a certain je ne sais quoi, that drives businesses today, it is creativity.”  Successful entrepreneurial ideas should therefore be creative enough to solve problems or provide services for a need.

Delivering the opening remarks, Ag. Corporate Services Executive of MTN Ghana, Samuel Koranteng said, “MTN committed itself to applying sound leadership principles in its operations to remain competitive. As a result, the business continuously makes significant investments in technology and innovations to enable the organization to drive its vision.  He added, “Through comprehensive initiatives such as the MTN Apps challenge and support for the Ghana Multimedia Incubator Center (GMIC,) we have made it possible for many entrepreneurs to lead in today’s fast paced tech world.”

Chinedu Echeruo

Chinedu Echeruo is currently the CEO and Co-founder of MindMeet. Prior to launching MindMeet, Chinedu created two U.S-based Internet companies; and was acquired in 2010 by Rand McNally and is now owned by USA Today. HopStop was acquired by Apple in 2013.

The MTN Business World Executive Breakfast meetings are quarterly series intended to provide an avenue for executive briefings, networking and matching platform for senior management professionals, entrepreneurs’ and government officials to meet and discuss current business trends and opportunities in Ghana.

Ghana News Online

The primary function of is to gather, process and distribute news about Ghana and Africa to the World. To serve as a News Agency with the mandate to present complete, in-depth objective and impartial information, news, and features rooted in investigative journalism.

Leave a Reply

Your email address will not be published. Required fields are marked *