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{
    "id": 1583356,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1583356/?format=api",
    "text_counter": 314,
    "type": "speech",
    "speaker_name": "Wajir North, UDA",
    "speaker_title": "Hon. Ibrahim Saney",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker. This Bill is very technical and creates challenges, both in terms of regulation and implementation. Looking at the legal aspect, our Judiciary is challenged with regard to Information Communication Technology (ICT), considering how election petitions are managed. The Bill raises similar concerns. Unless the knowledge gap in ICT improves, successful implementation and regulation of this law will be a serious challenge. We also have to deal with perception issues. Virtual assets are abstract assets whose value is represented digitally. We are talking about a very key thing, an asset whose value is digitally represented. That is a major concern. It is worse when you trade with an asset that is digitally valued and represented. I am sure that presents a serious concern and becomes an impediment to trade. We are talking about perceived value, not actual value."
}