Blockchain technology: NITDA urges young people to develop their talents

The National Information Technology Development Agency (NITDA) on Friday urged young people to develop their talents in emerging technologies for nation building.

Mr. Kashifu Inuwa, Managing Director of NITDA, made the call during Blockchain 2022 Developers‘ Summit at Baze University, Abuja.

vanguard today

Inuwa explained how Blockchain technology can support digital transformation and facilitate Nigeria’s development towards a digital economy.

vanguard today

He said that NITDA is committed to creating, boosting the Blockchain technology ecosystem and ensuring that Nigerian innovators thrive.

“There are a lot of opportunities in Blockchain and it is essential in all businesses.

“Talent is the human component of technology and innovations with Blockchain and emerging technologies are about new solutions being brought on board.

“So you have to take responsibility for knowing what solutions or offerings the industry needs,” Inuwa said.

According to him, now is the time for young Nigerians to take advantage of the growing digital sector to tackle the myriad challenges facing the nation, despite ethnic differences, because innovative ideas cannot be monopolized.

He said: “Innovation goes beyond invention, it has to get to the commercialization stage and until you can pitch your idea to someone to pay for your solutions, innovation wouldn’t be unfortunately only an idea.”
According to him, the government is building an ecosystem that will allow young people to hatch their ideas from conception to realization.

The NITDA boss also stressed the need for participants to have venture capitalists who would invest in their innovative ideas.

The DG also said that the organization developed the blockchain adoption strategy to help drive blockchain adoption in the country.

He said he would establish the Nigerian Blockchain Consortium which the summit would focus on.

Other steps to ensure the development of blockchain technology include strengthening regulation and development law and finding priority areas.

Promoting literacy and blockchain, incentivizing digital innovation, and the startup bill that passed third reading in the National Assembly are also other steps.

Inuwa instructed the Youth Corps members to take advantage of the opportunity and start a business before the end of their service year and maybe always make sure to be among the first to act in any digital related business.

The DG also inaugurated the artificial laboratory of the University of Baze in the company of some international innovators.

The summit brought together no less than 1,500 participants, mainly members of the National Youth Service Corps.

NewsSourceCredit: NAN

register bet9ja com

Comments are closed.