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Nigeria OKs Blockchain-Powered Economy Policy

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Nigeria OK’s ‘Blockchain-Powered’ Economy Policy

On Wednesday, the Nigerian government approved a national blockchain strategy as part of the country’s efforts to transition to a digital economy.

According to a tweet from the Federal Ministry of Communications and Digital Economy, the policy was developed by the ministry.

“The vision of the Policy is to create a Blockchain-powered economy that supports secure transactions, data sharing, and value exchange between people, businesses, and Government, thereby enhancing innovation, trust, growth and prosperity for all,” the statement said.

(With inputs from Shikha Singh)

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