Nigeria Utilizes Blockchain to Enhance National Security

The National Information Technology Development Agency (NITDA) has announced plans to develop a domestic blockchain called “Nigerium” to safeguard the country’s data and enhance national security.

Azcnews Nigeria Utilizes Blockchain To Enhance National Security

This initiative is driven by revelations that many popular blockchain technologies, such as Ethereum, are controlled by foreign developers who may not prioritize the country’s interests.

Kashifu Abdullahi, the Director-General of NITDA, made this announcement while meeting with delegates from the University of Hertfordshire Law School in Abuja. He emphasized that the proposed blockchain will improve national security and protect citizens’ data. Furthermore, Abdullahi highlighted the importance of developing a native blockchain, as it will enable Nigeria to have full control over its data and position.

The concept of the “Nigeria project,” a domestic blockchain specifically for Nigeria, was initially proposed and presented by a delegation led by Chanu Kuppuswamy from the University of Hertfordshire Law School.

Nigeria Blockchain
Nigeria Blockchain

Kuppuswamy argues that developing a domestic blockchain for Nigeria would allow the country to customize the technology according to its needs and ensure compliance with national laws and regulations. However, Kuppuswamy also warns of potential risks when relying on foreign-produced blockchains. As an example, recent changes to Ethereum’s blockchain were made without user consultation.

Related: Comparing ETH with BTC Before ETF Launch

She emphasizes that if Nigeria adopts a foreign blockchain, the country may struggle to influence critical decisions related to blockchain technology. To address this, the delegation proposes that Nigeria establish a Data Embassy, including a server hosted in a third country. This embassy would provide continuous digital sovereignty and protect the nation’s data from adverse events such as natural disasters, cyberattacks, and other threats.

Lastly, the delegation recommends harmonizing blockchain technology across government agencies to enhance collaboration and interdependence.

(4 votes)

4.0/5

(4 votes)
  1. Avatar of
    Anonymous

    Hmmmm! Nigeria. I wish this to meet us well ooo.

  2. Avatar of Joy Michael Udousoro
    Joy Michael Udousoro

    Hmmmm! Nigeria. I wish this to meet us well ooo.

  3. Avatar of
    Anonymous

    Dey play

  4. Avatar of
    Anonymous

    This can never favour us 😂😂any Small thing don lock people account seize funds 😂

  5. Avatar of Akingbade Nurudeen
    Akingbade Nurudeen

    It’s ok

  6. Avatar of
    Anonymous

    Good idea💡

  7. Avatar of
    Anonymous

    Exactly 😂

Comments are closed.

Latest

Xrp Lawyer Refutes The Biggest Lie In The Crypto Industry

News | Editor Choice | Policy & Regulations

XRP Lawyer Refutes the Biggest Lie in the Crypto Industry

Ripple lawyer Bill Morgan firmly refutes accusations that XRP lacks legal clarity, calling it “the biggest lie” in the crypto industry today.

How To Participate In Wump Airdrop

Airdrops | Editor Choice

How to Participate in Wump Airdrop

Join the airdrop hunt for the Wump project, inspired by Telegram projects but developed on the Discord platform.

Meta Drops Bitcoin Purchase Proposal, Zuckerberg May Be The Opponent

News | Bitcoin | Editor Choice

Meta Drops Bitcoin Purchase Proposal, Zuckerberg May Be the Opponent

Meta has rejected a proposal to include Bitcoin in its asset class, showing that the tech giant remains cautious about the cryptocurrency investment trend even as many large businesses are gradually joining the game.

Elon Musk Launches Xchat Inspired By Bitcoin

News | Bitcoin | Editor Choice

Elon Musk Launches XChat Inspired by Bitcoin

Elon Musk has just unveiled XChat — a new messaging feature on the X platform that integrates Bitcoin-level encryption and is developed using the Rust programming language, promising to set a new benchmark for security and privacy in digital messaging.

Price Prediction For Pi By The End Of 2025

Pi Network | Editor Choice

Price Prediction for PI by the End of 2025

According to CoinDCX, the price of PI Coin may see an uptrend by the end of this year and could recover to the range of $2 to $2.8.