Nigerian government should approve and allow private companies to implement blockchain technology

On the 25th (local time), executives of Yellow Card, an African fintech company, shared their views on the Nigerian government's introduction of blockchain.
) Cointelegraph reported. Yellowcard co-founder and CEO Chris Maurice and co-founder and CTO Justin
In an interview with Cointelegraph, Poiroux highlighted the potential and challenges governments face when integrating blockchain technology into public services.
"Countries like Ghana that have adopted blockchain have seen improvements in digital identity management, fraud prevention, and supply chain tracking," Poilux said.
He stressed that while private sector innovation often leads to technological development, governments will focus on security, scalability and interoperability when integrating blockchain into existing infrastructure.
Morris highlighted the important role of public-private partnerships (PPPs) in Nigeria’s blockchain adoption strategy. He said, “Government
"I want to encourage all federal, state and local governments to implement better tools, processes and technology to help the private sector implement technology solutions," he said.
"I firmly believe that we must rely heavily on the private sector," he said. Leveraging private sector expertise will help ensure the effective implementation and sustainability of blockchain platforms.
They argue that this is essential to serve citizens and sustain government initiatives in the long term. They also argue that it provides an equal approach and universal access to non-technically skilled citizens.
In response to concerns about user experience, Poilux emphasized the need for universal smartphone access. He said, “Otherwise, blockchain-based or not,
"Without this, the digital gap will not be closed."