Nigeria to issue verifiable blockchain certificates for NYSC

Kashifu Inuwa Abdullahi, who holds the position of Director-General at the National Information Technology Development Agency (NITDA), has disclosed that blockchain technology will be employed for the generation and validation of National Youth Service Corps (NYSC) certificates within Nigeria.

The National Youth Service Corps is a program in Nigeria that requires university graduates under 30 years old to undergo a one-year period of national service involving community development projects and cross-cultural integration.

This declaration took place at the Stakeholders’ Policy Dialogue centered around the execution of the National Blockchain Policy. The gathering was organized by NITDA in collaboration with the stakeholders from the Blockchain Association of Nigeria (SiBAN).

Image of Kashifu Inuwa Abdullahi, the Director-General at NITDA at the event. Source: Youtube

The Director-General of NITDA highlighted that the NYSC certificate has been susceptible to considerable counterfeiting within Nigeria. Consequently, the Director-General approached NITDA for assistance, and a mutual agreement was reached to aid in the creation of a blockchain-based certificate authentication system. This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them.

Additionally, Kashifu Inuwa Abdullahi articulated the plan to furnish individuals who have successfully completed training programs under NITDA with certificates backed by blockchain technology. He also highlighted the willingness of the Central Bank of Nigeria to collaborate with the broader ecosystem.

As per the head of NITDA, blockchain presents a significant economic potential and a tangible avenue to delve into the extensive prospects of blockchain technology is its application in the issuance of certificates. Abdullahi said,

“I believe blockchain, with the ability to add $1.7 trillion to the global GDP, will be a good technology for Nigeria to leverage. And if we position ourselves well based on the BWC report, Nigeria can add about $40 billion to its GDP by 2030.”

Related: Binance faces calls for ban by Nigerian Bureau De Change association

A prominent voice at the gathering was Obinna Iwuno, serving as the President of SiBAN, who conveyed a positive outlook on the sector’s forthcoming prospects. He highlighted that the government has embraced a grander vision for our industry and its future potential.

Consequently, they have begun to adopt a more comprehensive and expansive viewpoint, expressing their readiness to forge even stronger collaborations with the SiBAN, with the aim of ensuring the robust expansion of the industry.

Magazine: Blockchain games aren’t really decentralized… but that’s about to change

Comments (No)

Leave a Reply

Advantages of Using Cryptocurrency
The Evolution of Cryptocurrency
How to Trade With The FutureTrade
How Crypto Marketing is Emerging
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m – Certik
What is going on with Sam Bankman-Fried’s defense?
South Korean UPbit counters 1,800% surge in hacking attempts with AI-driven security measures
Crypto investment products see largest inflows since July — CoinShares
Gods Unchained: The Ultimate Guide
Boost Your Business with These AI Marketing Tools
Best AI Profile Pic Generators in 2023
Shazane Nazaraly’s Inspiring Journey to Launching Ares Corporation
Decentraland Hosts An Ugly Sweater Wearable Competition For Xmas!
Next Earth Introduces LAND Descriptions For Its Metaverse Plots
Degen Toonz & CULT&RAIN Lead the Way in Digital Fashion
Degen Toonz & CULT&RAIN Lead the Way in Digital Fashion