What can Nigeria learn from Canada

The COVID – 19 pandemic has once again reinstated the importance of developing the digital economy and trying to invest as many resources as possible in this direction. Not only is the digital economy more convenient and efficient in comparison to normal, traditional economic models and forms, it turns out it is also a lot safer when it comes to the circumstances we are living in today.

The digital economy offers the same services, same revenue streams, and the same amount of jobs but it definitely has a learning curve to it.

Coronavirus has completely destroyed the traditional economic model and while it will definitely rebuild over the duration of this year, the impact will remain with us for years to come to. These special circumstances have created more need for digitizing these services and Canada is one of the countries that have always believed in the importance of development and digitizing the economy in general.

Canada is one of the countries that has always encouraged businesses to go online. Even from 2016, they have created a space where online companies and businesses can thrive. As a result of today, Canada has a thriving digital community. The businesses that operate online, like online casinos, have taken off all over the country. Gambling in Canada is pretty standard entertainment but allowing the digital aspect of it to come forward and creating a space for an online casino in Canada to develop has just created a lot of opportunities for a new following. Meaning that the gambling industry can retain new customers with or without a pandemic, and appeal to a new demographic as well.

Canada has also been very good about encouraging the use of Bitcoins, with multiple casinos across the countries allowing the use of bitcoins as a legitimate payment method. And it’s not just the casinos. There are multiple other establishments that also accept cryptocurrencies and there are Bitcoin ATMs all across Canada to make the use of these cryptocurrencies more convenient and simple. Canada is an exception, of course, because a lot of countries have their own preservation of cryptocurrencies and of course the digitization of their business sector.

When Canada decided to grant the legitimacy to mobile apps offering Gambling services, increasing the convenience for the users, and making online gambling more accessible it became abundantly clear that making services available on the digital form had a great impact on its adoption and profitability. (…)

Based by pulse.ng