Nigeria plans to develop its blockchain, Nigerium, for data security
Techpoint Africa | Ifeoma Joy Okorie - Jul 08, 2024
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  • NITDA is considering developing an indigenous blockchain named Nigerium to protect the country's data and promote national security.
  • NITDA unveiled plans to establish research centers for blockchain technology and other emerging technologies across Nigeria.
  • A delegation from the University of Hertfordshire Law School emphasized the importance of Nigeria developing its own blockchain to ensure control and decision-making within the country.
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Developing an indigenous blockchain like Nigerium can be a strategic move for Nigeria to protect its data and promote national security. It would allow the country to have control over its information and avoid dependency on foreign developers. However, careful planning and collaboration between government departments will be crucial for the success of this initiative.
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