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Nigeria Aims For Data Sovereignty With Indigenous Blockchain Nigerium

Nigeria Aims For Data Sovereignty With Indigenous Blockchain “Nigerium”

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First with the News

Nigeria Aims For Data Sovereignty With Indigenous Blockchain “Nigerium”

July 7, 2024
in Technology and Science, Top Stories
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Nigeria Aims For Data Sovereignty With Indigenous Blockchain Nigerium
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By John Ikani

In a move to safeguard Nigerian data and bolster national security, the National Information Technology Development Agency (NITDA) has unveiled plans to develop a domestic blockchain solution called “Nigerium.”

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This initiative stems from concerns regarding foreign control of popular blockchain technologies like Ethereum.

NITDA Director General Kashifu Abdullahi, while meeting with representatives from the University of Hertfordshire Law School in Abuja, emphasized the proposed project’s goal of fostering public-private collaboration to create a homegrown blockchain.

Mr. Abdullahi acknowledged the potential benefits of a domestic blockchain for national security and data protection.

He underscored the significance of “Nigerium” in granting Nigeria complete control over its data and decision-making authority.

The concept for “Nigerium” originated with a delegation from the University of Hertfordshire Law School, led by Chanu Kuppuswamy.

Chanu argued that a Nigerian-made blockchain would allow for customization based on the country’s specific needs and ensure alignment with existing laws and regulations.

She highlighted the potential risks associated with foreign-controlled blockchains, citing an instance where Ethereum made significant alterations without user consultation.

Chanu emphasized the limitations on Nigerian influence over crucial blockchain decisions if a foreign solution were adopted.

The Hertfordshire delegation, led by Chanu Kuppuswamy, additionally proposed the establishment of a “Data Embassy.”
The embassy would take the form of a server hosted in a neutral country, aiming to provide digital continuity and safeguard Nigerian data from natural disasters, cyberattacks, and other threats.

Finally, the delegation recommended that Nigeria explore harmonizing blockchain technology across government agencies to enhance interoperability and interconnectedness.

Key Takeaways

The “Nigerium” project is envisioned as a collaborative effort between NITDA, government entities, and private sector organizations.

This initiative holds promise for solidifying Nigeria’s data sovereignty and fortifying national security.

NITDA has previously announced plans to establish research centres focused on Artificial Intelligence, the Internet of Things, and Blockchain across the country’s six geopolitical zones.

These research centres will delve into areas like the Internet of Things, Blockchain, Artificial Intelligence, and robotics.

Tags: Kashifu AbdullahiNational Information Technology Development Agency (NITDA)
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