Nice name there: – Nigerium: “In a move to enhance national security and safeguard citizens’ data, the National Information Technology Development Agency (NITDA) has announced plans to develop an indigenous blockchain technology, aptly named “Nigerium.” This initiative comes in response to concerns over the control exerted by foreign developers on popular blockchain platforms like Ethereum, which may not prioritize Nigeria’s interests.”
Good luck Nigeria. Anything that works is the best policy and strategy. That said, the government should not get into this vector. Rather, the focus should be allowing young people to do their thing in an atmosphere which promotes innovation.
The soundbites from the new SEC team is very promising; if they propel the vision with ACTION, the young people will build what they have to build. Yes ohh, the government should just get out of the way, and that includes getting out of any idea of any government inventing a national blockchain technology. We need progressive policies from the government; the operationalization belongs to the market!
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Nigeria to Develop Indigenous Blockchain “Nigerium” for Data Security and National Sovereignty
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