Senior Officials of Edo State Government Receive Blockchain and Cybersecurity Training; the State Government Collaborates with a Blockchain Company to Real-World Asset Tokenise

Top government officials from various state ministries will receive blockchain and cybersecurity training from the Edo State Ministry of Digital Economy, Science, and Technology, which is led by Commissioner Honourable Ogbeide Ifaluyi Isibor.

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The ministry has partnered with global blockchain firm Intmax and Texas-based cybersecurity training company Summit Systems ISSP. The CEO of Pengage Finance, Simeon Nofa Ogunnubi, led this campaign, which provided insightful information on blockchain, tokenisation, and cybersecurity.

Held on August 26, 2024, at the John Odigie Oyegun Public Service Academy in Benin, the one-day capacity-building workshop featured lectures and keynote addresses from representatives of the participating companies. Adopting innovative technology in the public sector is crucial, as Hon. Ifaluyi Isibor highlighted.

Edo State is the first sub-national body in Sub-Saharan Africa to fully deploy e-governance and establish a paperless government. Simeon Nofa Ogunnubi gave a presentation at the workshop titled “Blockchain Simplified for the Public Sector,” in which he discussed the application of blockchain technology to government functions and examined the Nigerian National Blockchain Policy, which aims to promote innovation, financial inclusion, job creation, and talent development. Philip Asaya, Country Head of Intmax, spoke on “Intmax Blockchain and the Public Sector in Nigeria,” emphasising the company’s dedication to offering state-of-the-art infrastructure and solutions. Chief Strategy Officer Sven Moella of Intmax virtually joined to talk about tokenising real-world assets, while Glory Praise and Emmanuel Asabor of Intmax showcased the company’s role in transforming the public sector.

Topics related to cybersecurity that were covered by Summit Systems ISSP included governance, risk and compliance, threat detection, and infrastructure and digital asset protection techniques. Senior officials, decision-makers, and technical personnel in Edo State ministries were to be empowered by this program to use cutting-edge technology for digital transformation and economic development.

Participants gained the skills necessary to successfully apply and manage these technologies by the end of the program, spurring innovation and improving government efficiency. The signature of an agreement between Intmax and the Ministry of Digital Economy, Science, and Technology was one of the workshop’s main highlights. Through this partnership, Intmax will be able to collaborate closely with the Edo State Government and create a strong presence in a number of government ministries.

The partnership aims to increase Edo State’s ability to use cutting-edge technology for better governance and service delivery by strengthening the state’s digital ecosystem. For those involved in the digital economy, including government officials, civil servants, technologists, and blockchain developers, this partnership is very important. The collaboration between Edo State and Intmax establishes a new benchmark for digital transformation, inspiring other areas to do the same. Edo State’s collaboration with Intmax highlights the state’s dedication to fostering blockchain innovation, even in the face of legislative constraints that have caused other cryptocurrency projects to withdraw from the Nigerian market.

The government acknowledges that blockchain technology can improve the efficiency and openness of how government services are administered. The Honourable Ifaluyi Isibor said, “We are excited to collaborate with Intmax to create workable solutions that will improve Edo State’s capacity to provide essential services.

Through this relationship, we have access to a low-cost, secure network that can be used for a variety of purposes, including record-keeping and payments. We are optimistic that our collaboration will produce significant outcomes and showcase Nigeria’s willingness to embrace blockchain technology.”

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