By Ijeoma Olorunfemi
The National Information Technology Development Agency (NITDA) has reconstituted the National Blockchain Policy Steering Committee (NBP-SC) to validate trends in blockchain technology and incorporate new stakeholders for inclusive adoption and implementation.
Its Director-General, Malam Kashifu Inuwa, said this on Tuesday while inaugurating the committee at a three-day co-creation workshop for the implementation of the National Blockchain Policy (NBP) in Abuja.
Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. A blockchain database stores data in blocks that are linked together in a chain.
The purpose of the blockchain is to share information amongst all parties that access it via an application. Access to this ledger in terms of reading and writing may be unrestricted or restricted.
Represented by Mr Oladejo Olawunmi, Director, IT Infrastructure Solutions, Inuwa recalled that…
Source: News Agency of Nigeria
