Tag Archives: Blockchain Technology

Sterling Bank, a leading financial institution committed to driving innovation and progress, has partnered with the School of Politics, Policy, and Governance (SPPG) to revolutionize credential verification through blockchain technology. This collaboration marks a significant milestone in enhancing the efficiency, security, and accessibility of academic credentials in Nigeria. Acknowledging the …

Hyperspace Technologies Limited has secured its second patent and trademarks for cipherCHIP tap2verify: A blockchain-integrated contactless product authentication & verification system. The Lagos-based Web3 startup specializes in next-level smart security infrastructure and key management systems. Developed within the Hyperspace Technologies Limited’ research and development (R&D) division, “cipherCHIP tap2verify” system presents a …

In a concerted effort to foster financial inclusion and bolster the digital payment landscape in Nigeria, fintech companies have been called upon to heighten their engagement in innovative endeavours and craft advanced solutions tailored to meet the expectations of their clientele. Akeem Lawal, the Managing Director of Payment Processing and …

In a bid to fast track the adoption and utilise the gains of emerging technologies, the Federal Government of Nigeria has launched a National Policy on Blockchain Technology and inaugurated the Blockchain Implementation & Steering Committee to oversee its implementation. The policy, which was launched by Professor Isa Ali Ibrahim …

Following the approval of National Blockchain Policy for Nigeria, the Federal Executive Council (FEC) has tasked concerned regulatory bodies to develop regulatory instruments for the deployment of Blockchain Technology across various sectors of the economy. These regulatory agencies include NITDA, the Central Bank of Nigeria (CBN), the National Universities Commission …

The National Information Technology Development Agency (NITDA)  in collaboration with Domineum Blockchain Solutions has announced the launch of NITDA Blockchain Scholarship, 2022 Scheme. In joint statement signed by NITDA’s Head Corporate Affairs and External Relations, Mrs Hadiza Umar and the Co-founder, Domineum Blockchain Solutions,  Mohammed Jega said the programme is …

Scarcely a year after inception, the Web 3 domain provider, ‘Unstoppable Domains’ has withdrawn its ‘.coin’ product from the marketplace, leaving SLD (Second Level Domain) owners who built upon it, high and dry. The news was broken by a Discord member popularly known as ‘dis0wned’ on his e-publication/blog ‘HNSLIST’. Unstoppable …

The National Information Technology Development Agency (NITDA) is committed to creating and stimulating the ecosystem for Blockchain technology and indeed Nigerian innovators to thrive. The Director-General of NITDA, Kashifu Inuwa reiterated the Agency’s stance on emerging technologies during the 2022 Blockchain Developers’ Summit held in Abuja. While speaking on “Blockchain …

…Pioneering Innovation and Driving Thought Leadership Africa’s leading integrated digital payment and e-commerce company, Interswitch Group, has unveiled its whitepaper on blockchain technology titled “Blockchain Technology: The Future of Africa’s Digital Economy” to help drive the growth of African businesses. The white paper document contains details on how businesses can …

The Lagos Chamber of Commerce and Industry (LCCI), has reinforced the need to position Nigeria strategically to leverage on blockchain technology for rapid economic growth, safer digital transactions, and improved cross border trade. Mrs Toki Mabogunje, President, LCCI, gave the advice at a webinar with the theme: “Unlocking the Opportunities …