By Emmanuel Elebeke, Abuja
The Director General of the National Information Technology Development Agency, NITDA, Mallam Inuwa Abdullahi Keshifu says Blockchain technology, with its inherent principles of transparency, security, and decentralization can streamline governance and enthrone accountability.
He said NITDA is fully committed to supporting and nurturing the growth of the blockchain and digital assets ecosystem in Nigeria as it has emerged as a disruptive force that has the potential to revolutionize industries, ranging from finance and healthcare to supply chain management and governance.
Inuwa disclosed this on Thursday in his keynote address delivered at the Blockchain Technology Association of Nigeria (SiBAN) Digital Assets Summit 2023 holding in Abuja.
“We recognize the potential for blockchain technology to enhance transparency in government, improve service delivery, and foster innovation in various sectors.
“Moreover, we acknowledge the importance of providing a regulatory framework that ensures the responsible and safe use of digital assets within our financial system.
“It underscores the transformative power of blockchain technology and digital assets, and the profound impact they are having on industries, economies, and societies worldwide.”
He commended SiBAN and all the stakeholders for their dedication to advancing blockchain technology and digital assets in Nigeria and urged organizers to ensure the summit serve as a platform for robust discussions, knowledge sharing, and collaborative initiatives that will drive our nation’s digital transformation.
For him, the SiBAN Digital Assets Summit 2023 stands is a testament to the commitment of SiBAN to fostering dialogue, collaboration, and innovation in this rapidly evolving field.
“As we gather here today, we find ourselves at a pivotal moment in history, where the convergence of technology, finance, and innovation is reshaping the very foundations of our global economy.
“It is not merely a technology but a catalyst for trust, accountability, and empowerment. Digital assets, including cryptocurrencies and tokens, are redefining the way we think about value, ownership, and exchange.
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