Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Nigeria Moves to Develop Indigenous Blockchain for Enhanced Data Security

Nigeria Moves to Develop Indigenous Blockchain for Enhanced Data Security

Government Initiatives to Improve National Security and Data Safety

Kelly Cromley by Kelly Cromley
Jul 5, 2024
in Market News, News
Reading Time: 3 mins read
0
Nigeria

The Nigerian government has announced plans to develop a national blockchain system to enhance security and safeguard data integrity. The Director General of the National Information Technology Development Agency (NITDA), Kachifu Abdullahi, made this disclosure during a meeting with representatives from the University of Hertfordshire Law School at the agency’s headquarters in Abuja.

 

Call for Private Sector Involvement

 

The delegation emphasized the importance of Nigeria developing a homegrown blockchain, tentatively named “Nigerium,” to ensure that data belonging to the nation and its citizens is not controlled by foreign entities. The Head of the delegation, Chanu Kuppuswamy, along with her colleagues Dr. Bukola Faturoti and Ademola Soile-Balogun, highlighted the necessity of creating a blockchain system that is tailored to Nigeria’s specific needs.

 

Proposal for Indigenous Blockchain Development

 

Abdullahi mentioned the existence of a steering committee that had been consulted on this matter. He suggested that the delegation present their research to the committee to secure their support and facilitate the adoption of the proposal for implementation. He emphasized the importance of not operating in isolation and recommended scheduling a meeting with the steering committee to discuss the proposal in detail. Abdullahi expressed a desire to strengthen the partnership with the University of Hertfordshire Law School to ensure the successful implementation of the blockchain project.

 

Advantages of a Custom Blockchain

 

Kuppuswamy explained the benefits of developing a bespoke blockchain for Nigeria, describing it as a new product designed specifically for the country’s needs. She outlined that while existing blockchains like Ethereum can be used to create smart contracts, they remain under the control of foreign developers who may not have Nigeria’s interests at heart. Developing an indigenous blockchain would allow Nigeria to maintain control over the underlying technology, ensuring it aligns with national interests and legal requirements.

 

Challenges with Foreign-Controlled Blockchains

 

Kuppuswamy highlighted the potential issues with using foreign-controlled blockchains, noting that developers outside Nigeria are not bound by Nigerian laws and may not be responsive to the country’s specific needs. She pointed out that relying on such platforms could lead to difficulties if the foreign developers decide to change the blockchain’s direction or policies, as seen with Ethereum’s division into “classic” and “forked” versions following a major financial loss. This underscores the need for Nigeria to have its own blockchain to prevent external control and ensure stability.

 

Data Embassy for Digital Continuity

 

Dr. Bukola Faturoti advocated for the establishment of a data embassy to provide a secure backup for Nigeria’s data. A data embassy, he explained, is a server hosted in a third-party country, similar to traditional embassies, where the laws of the host country do not apply to the data stored there. This arrangement ensures digital continuity and protection against cyber attacks, natural disasters, and other threats. Faturoti cited the example of Estonia, which implemented a data embassy following a significant cyber attack. He emphasized the importance of choosing a host country with robust security measures and favorable legal frameworks to ensure the safety and sovereignty of Nigeria’s data.

 

Interdepartmental Synergy and Blockchain Services

 

Ademola Soile-Balogun underscored the need for synergy between government departments to harmonize blockchain services for interdependency among various agencies. He recommended exploring avenues for integrating blockchain technology across different sectors of government to streamline operations and enhance efficiency.

 

Conclusion: Planning Ahead for a Secure Digital Future

 

The Nigerian government’s initiative to develop an indigenous blockchain represents a proactive step towards securing the nation’s digital future. By creating a bespoke blockchain system and establishing a data embassy, Nigeria aims to protect its data from external control and enhance national security. The collaboration with the University of Hertfordshire Law School and the involvement of the private sector will be crucial in ensuring the successful implementation of these projects. As the country looks ahead, these measures will provide a strong foundation for a secure and resilient digital infrastructure, aligning with global best practices and addressing the unique challenges faced by Nigeria in the digital age.

Previous Post

Aptos Blockchain Introduces Revolutionary Keyless Wallet with Google Integration

Next Post

Chainlink Partners with Fidelity and Sygnum to Enhance Blockchain Transparency

Related Posts

swift seed micro

Swift Seed Micro Launches Blockchain Microfinance Platform

by Kelly Cromley
May 2, 2026
0

Swift Seed Micro has officially launched a new blockchain-powered micro-financing platform aimed at addressing financial access challenges across underserved international...

cybet

Cybet Launches Crypto-Powered Online Casino Platform

by Kelly Cromley
May 2, 2026
0

Cybet has expanded its digital gaming services with the launch of a new online casino platform built entirely around cryptocurrency...

Nigeria

Nigeria Becomes Africa’s Leading Solana Developer Hub

by Kelly Cromley
May 2, 2026
0

Nigeria has strengthened its position in the global blockchain sector after emerging as the sixth-largest hub worldwide by Solana developer...

etherrat

EtherRAT Malware Targets Windows Through Fake Tftpd64 Installer

by Kelly Cromley
May 2, 2026
0

A newly identified malware campaign has raised concerns among cybersecurity experts after attackers began distributing an advanced form of malicious...

uxlink

UXLINK and FishWar Expand AI-Powered Web3 Gaming

by Kelly Cromley
May 1, 2026
0

UXLINK and FishWar have announced a strategic partnership aimed at accelerating the development of the Social and AI-driven GameFi ecosystem....

dgrid

DGrid AI and Pieverse Advance Web3 AI Agent Infrastructure

by Kelly Cromley
May 1, 2026
0

DGrid AI, a decentralized AI infrastructure ecosystem, has entered into a strategic partnership with Pieverse, a Web3 infrastructure provider focused...

Next Post
chainlink

Chainlink Partners with Fidelity and Sygnum to Enhance Blockchain Transparency

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • SmarTrust Brings Blockchain-Powered Escrow to Freelancers

    by Kelly Cromley
    May 1, 2025
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

swift seed micro
Market News

Swift Seed Micro Launches Blockchain Microfinance Platform

by Kelly Cromley
May 2, 2026
cybet
Market News

Cybet Launches Crypto-Powered Online Casino Platform

by Kelly Cromley
May 2, 2026
Nigeria
Market News

Nigeria Becomes Africa’s Leading Solana Developer Hub

by Kelly Cromley
May 2, 2026
etherrat
Ethereum News

EtherRAT Malware Targets Windows Through Fake Tftpd64 Installer

by Kelly Cromley
May 2, 2026
uxlink
Market News

UXLINK and FishWar Expand AI-Powered Web3 Gaming

by Kelly Cromley
May 1, 2026

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.