CryptoMediaClub
Thursday, June 19, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Nigeria to issue verifiable blockchain certificates for NYSC

10.08.2023
A A
0
123
VIEWS
ShareShare

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 NYSC 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 in Blockchain Technology Association of Nigeria (SiBAN).

Image of Kashifu Inuwa Abdullahi, 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, 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 and 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

Share9Tweet6ShareSharePin2

Related Posts

Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study
Blockchain

Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study

13.06.2025
0

Skip to content

Read moreDetails
Binance Alpha Spotlights Promising Pundi AI on Early Crypto Platform

Binance Alpha Spotlights Promising Pundi AI on Early Crypto Platform

12.06.2025
Chainlink CBDC Pilot: Pioneering Secure Digital Currency Exchange

Chainlink CBDC Pilot: Pioneering Secure Digital Currency Exchange

10.06.2025
TRUMP Memecoin: Eric Trump Announces Significant WLFI Investment Plan

TRUMP Memecoin: Eric Trump Announces Significant WLFI Investment Plan

07.06.2025
Accelerate: Sui and Dubai VARA Partner to Boost Crypto Startups

Accelerate: Sui and Dubai VARA Partner to Boost Crypto Startups

05.06.2025
Load More
Next Post

SEC Appeals Judge Torres’ Decision in Ripple Case: Seeking Clarifications and Resolutions

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Scammers Steal $500K via X Account Breaches and Meme Coin Scams: ZachXBT

Scammers Steal $500K via X Account Breaches and Meme Coin Scams: ZachXBT

6 months ago

Crypto Exchanges in South Africa Must be Licensed By November 30, Says Regulator: Report

2 years ago
Dubai Financial Regulator Expands Partnerships With Blockchain Companies

Dubai Financial Regulator Expands Partnerships With Blockchain Companies

2 weeks ago
Hyperbitcoinization is underway, RFK seeks Bitcoin donations and other news: Hodler’s Digest, May 14-20

Hyperbitcoinization is underway, RFK seeks Bitcoin donations and other news: Hodler’s Digest, May 14-20

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Senate Passes GENIUS Act, Paving Way for $239B Stablecoin Expansion

Cardano Price Prediction: Hoskinson’s Bitcoin Fund Could Trigger Long-Awaited ADA Breakout

ANAP Bitcoin Purchase: Japanese Fashion Giant Accelerates Bold Crypto Strategy

$PEPE Bulls Plot Elliott Wave Rebound After Brutal Drop – Key Levels to Watch

Malaysian Authorities Promote Acceleration of Digital Economic Transformation

As Stablecoin Bill Passes, Trump’s Crypto Election Promise Takes Shape

Trending

10-year Bitcoin holdings grow faster than daily issuance, marking scarcity signal after 2024 halving
Analysis

10-year Bitcoin holdings grow faster than daily issuance, marking scarcity signal after 2024 halving

19.06.2025
0

On-chain data shows that Bitcoin’s (BTC) “ancient supply” is increasing faster than new BTC daily issuance, according...

ChatGPT’s 38-Signal SUI Price Forecast Flags Major Breakout Ahead of Key Catalyst

ChatGPT’s 38-Signal SUI Price Forecast Flags Major Breakout Ahead of Key Catalyst

19.06.2025
Distribution or death: Arthur Hayes says only exchange-backed or bank-linked stablecoins can thrive

Distribution or death: Arthur Hayes says only exchange-backed or bank-linked stablecoins can thrive

19.06.2025
Senate Passes GENIUS Act, Paving Way for $239B Stablecoin Expansion

Senate Passes GENIUS Act, Paving Way for $239B Stablecoin Expansion

18.06.2025
Cardano Price Prediction: Hoskinson’s Bitcoin Fund Could Trigger Long-Awaited ADA Breakout

Cardano Price Prediction: Hoskinson’s Bitcoin Fund Could Trigger Long-Awaited ADA Breakout

18.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz