Nigeria Unveils Blockchain Policy for Digital Transformation
Nigeria's national blockchain policy, outlined in a recent white paper, aims to transform digital challenges into innovation opportunities. The report, titled 'Co-Creating a Roadmap for Blockchain in Nigeria', reflects openness and transparency by calling on the public to contribute, and leverages the expertise of the Nigerian diaspora in blockchain research.
The policy's inclusivity is achieved through crowdsourcing and stakeholder engagement. Key contributors, including 21 top blockchain researchers of Nigerian descent from around the world, were invited to participate. Blockchain is seen as a tool to enhance financial inclusion, supply chain transparency, and digital identity in Nigeria. The white paper, created using Generative AI and data analysis, aligns blockchain adoption with Nigeria's broader digital transformation goals. Focus areas include finance, agriculture, and digital identity, with Nigeria positioning itself to co-lead in blockchain innovation.
The national blockchain policy, driven by openness, inclusivity, and global expertise, seeks to harness blockchain technology to address Nigeria's digital challenges. With a focus on finance, agriculture, and digital identity, and the ambition to co-lead in the field, Nigeria's blockchain roadmap is set to transform the nation's digital landscape.
