The National Information Technology Development Agency (NITDA) has disclosed plans to incorporate blockchain technology into the country’s issuing and verifying of National Youth Service Corps (NYSC) certificates.
The proposed system aims to consolidate all NYSC certificates onto the blockchain, affording individuals a streamlined process to validate their credentials securely in Nigeria.
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The announcement was made during the Stakeholders’ Policy Dialogue, an event focused on the implementation of the National Blockchain Policy, Organized by NITDA in partnership with the Blockchain Association of Nigeria (SiBAN), to address challenges within the NYSC certificate system, which has been plagued by rampant counterfeiting.
The Director-General of NITDA Kashifu Inuwa Abdullahi, outlined his intention to leverage blockchain technology to issue certificates for individuals who successfully complete training programs under NITDA. He also underscored the Central Bank of Nigeria’s willingness to collaborate with the broader ecosystem.
“I believe blockchain, with the ability to add $1.7 trillion to the global GDP, will be a good technology for Nigeria to leverage. And if we position ourselves well based on the BWC report, Nigeria can add about $40 billion to its GDP by 2030” Abdullahi stated.