One of the applications of blockchain technology is the ability to make cross-boarder payment / remittances with ease, without a trusted third party. We all know that many Steemians are still trying to find a solution to spend their steem/SBDs like they would fiat currency outside the virtual and crytocurrency world. The easiest way to spend steem would be to have steem debit/credit card like Hive account@stellabelle wrote about in her blog post- 3 Reasons We Need A Steemit Debit Card Now: Let's Do This Before Nexus Social Does. Another Steemian whom I know has a similar dream to Hive account@stellabelle's is Hive account@oluwoleolaide. He blogged about his fifth steemit fantasy, a steem powered debit card in My Top 5 Ultimate Steemit Fantasies . I also have that dream, since there wouldn't be any need to first convert steem/SBDs to bitcoins (BTC) using bittrex or blocktrades and then from BTC to fiat. While we are still waiting for that miracle to happen sooner or later, remittances would still have to be done. This is where we need to trust human third parties , especially for Steemians living in diaspora, who need to remit money home for very important purposes. Financial integrity of the Steemian (3rd party) is tested.

Financial Integrity

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Financial integrity has to do with honesty and transparency in handling money related affairs. Top management officers, directors, pretty much anyone in some form of governance who is accountable to his organisation/state /country would have to manage the financial resources of the organisation, where he is the head. Unfortunately, very many have soiled their hands in misappropriation of personal and public funds. That is not the case with my personal experience, working for both government and non-governmental organisations (NGOs), where I had to manage money for executing projects (mainly health projects).

Team Lead In Zamfara and Lagos State

As one who led a team on two different occasions to Zamfara and Lagos state to execute Adolescent Reproductive Health (ARH) and HIV/AIDS Prevention & Care Project, honorarium (about half a million Naira/5,000 USD equivalent) for team members was entrusted to my care. Please note that value of Nigeria Naira to the US dollars then was about 1UDS/110 NGN. Mr. Joshua Andi Emmanuel (fondly called Uncle Josh), the project officer for UNICEF, Nigeria (2002-2007) can attest to the fact that I was held accountable to deliver on the expected outcomes of the project including paying honorarium to all team members. After presentation of project report from the field (National Youth Service Corps, NYSC, orientation camp) during a debriefing meeting, alongside other team leaders, to the project management officers. That was when team leaders got their own honorarium. What a beautiful plan that was!

Hive account@oluwoleolaide, Exchanged Steem Blockchain Dollars (SBDs) And Steem For Nigeria Naira

My mother's birthday was 2 days ago (11th of October). That day also happened to be the very day that was slated for the defense of her doctoral thesis (semi-final stage). So, my mum told me of the budget for entertainment of those who would attend her defense. I had to quickly transfer inform Hive account@oluwoleolaide to help me exchange 25 SBDs for Nigeria naira (NGN ) and credit my mother's account with it. He executed the task very swiftly. My mum called as soon as she got the alert of 5,230 NGN from her bank through Hive account@oluwoleolaide. The joy I felt was great that I was able to contribute financially to my mother's semi-final stage defense of her doctoral thesis. By the way, the defense of my mum's thesis was very successful. I can't wait for the final stage!

Again, yesterday morning, Hive account@oluwoleolaide proved his financial integrity by helping me exchange 100 steem for Nigeria naira . The purpose for exchanging steem for fiat is to book for hotel accommodation (2nd & 3rd, November, 2017) at Hotel de Treasure (Executive comfort rooms) for 2 beneficiaries of Hive account@redfishpillar's ticket to the upcoming Steemit In Nigeria (SIN) conference. Confirmation of received funds have long been made by Hive account@gbenga. He will be doing the hotel booking today, since he is in charge of that aspect of the event. All screenshots of transactions are saved for reference purposes and I must confess that my level of trust and confidence in Hive account@oluwoleolaide's financial integrity is increasing. This is how people leave good legacies for posterity to benefit from. Thank you Hive account@oluwoleolaide for being trustworthy.

I would like to quicky sieze this opportunity to thank Hive account@surpassinggoogle for loving my mama and sending 25 SBDs as a birthday gift to my mum. My sincere gratitude also go to Hive account@honourmaus who sent 5 steem as birthday gift to my mum. The money will be exchanged to Nigeria naira (NGN) and remitted to her. I convey my mother's gratitude to you all for your birthday messages and goodwill for the success of her academic defense. Thanks a million!!!

Let me acknowledge that Hive account@oluwoleolaide and Hive account@sweetestglo-eu have supported the sponsorship of Hive account@sussan and Hive account@honourmaus to SIN conference with 20 steem and 4 steem respectively. Thank you very much. More support is needed. Please, see the budget here.

My question to you is can you be trusted with money? Do you have financial integrity? These are questions that you might want to share as comments in the reply section.

An original photograph of me (wearing a black jacket, standing a little to the right) in Berlin-Germany (September, 2012).

Financial Integrity. Can You Be Trusted With Money?