SBI Workshop focuses on Blockchain era

The SBI Media Workshop has said it will run on the idea of ​​blockchain for the third edition of the series, scheduled to hold on December 3, 2022 in Ikeja, Lagos.

In a statement by SBI Media, statistically, cryptocurrency is the biggest use of blockchain technology.

This year, CEO of SBI Media, Rotimi Bankole and his team said they have researched the industry and economy and determined that this year’s theme, Media in the Blockchain Era, is a potential game changer that participants must be equipped for.

“It is predicted that blockchain technology will increase the share of revenue captured by content creators and producers by providing innovative mechanisms for ownership and monetization. Therefore, building on our last edition where we guided participants to switch to video, it is imperative that we further equip young media entrepreneurs and professionals with the knowledge and skills to take advantage of the revolutionary outcomes that blockchain technology promises for this sector,” said Bankole.

He further expressed his belief that many companies and clients across the media industry may struggle to identify and adapt to this new age of digital transformation, emphasizing that the SBI Media Workshop would perhaps be one of the first platforms in Nigeria to train participants in the area.

“This edition of the SBI Media Workshop,” said Bankole, “will focus on three broad areas: the interface between blockchain technology and media; the future of payments, digital media and blockchain; and entrepreneurial opportunities in the blockchain ecosystem.”

While the organizers promised to reveal the line-up of facilitators for this year’s event, Bankole has announced that there will be more interactions between the participants via multiple fire chats. “Apart from these benefits offered at the workshop, a grant of N2 million in BNB will be distributed among participants who generate the most possible ideas during the workshop,” Bankole said.

”With a national education system crippled for over eight months, following the prolonged strike by the Academic Staff Union of Universities (ASUU), as well as rising unemployment in the country, Bankole said the SBI Media Workshop will be an oasis for hundreds of participants who will attend in person on site, and hundreds of others who will be able to join online via Facebook, Instagram and YouTube live streams.

While noting that the workshops were designed for people between the ages of 18 and 35, he added that the 2022 theme was carefully determined to provide participants with cutting-edge information, industry interactions and support to stay ahead in the media space. This, Bankole observed, is especially so because blockchain technology is set to disrupt multiple aspects of the media industry, from content creation, intellectual property tracking, dissemination and monetization, the statement said.

Founded in 2020 by Rotimi Bankole, CEO of SBI Media, the annual event, which offers free training to budding media entrepreneurs and professionals for a future in the media sector, is known to be the only one of its kind in the industry.

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