By Adedapo Adesanya
The National Information Technology Development Agency (NITDA), as part of the United Nations’ World Creativity and Innovation Day 2021, has opened the application for an Innovation Challenge to support Nigeria’s plans to become a 21st-century digital economy.
Themed Inspiring Creativity and Innovation in the Nigerian Digital Economy, the competition hopes to harness innovative and impactful solutions for the development of a vibrant digital economy.
The World Creativity and Innovation Day is a global United Nations day celebrated to raise awareness around the importance of creativity and innovation in problem-solving with respect to advancing the UN Sustainable Development Goals (SDGs) also known as the “global goals”.
The agency is, therefore, calling on all Nigerians with innovative and impactful working solutions to make entries for the Innovation Challenge.
Solutions will be evaluated based on job and wealth creation potential, originality, marketability, scalability and inclusiveness. Successful entries will have an opportunity to present their solutions to the tech industry stakeholders.
The event is scheduled as follows:
Submission of entries via http://bit.ly/NITDA21WCID
The portal will be opened from April 12, 2021, till April 17, 2021.
Entries will be evaluated and assessed by April 19, 2021, and successful ones will be required to do a 5-minute live pitch on Wednesday, April 21, 2021.
National Information Technology Development Agency (NITDA) was created in April 2001 to implement the Nigerian Information Technology Policy and coordinate general IT development in the country.
The Act (National Information Technology Development Act (2007) mandate is to create a framework for the planning, research, development, standardization, application, coordination, monitoring, evaluation and regulation of Information Technology practices, activities and systems in Nigeria.
The role of NITDA is to develop, regulate and advise on Information technology in the country through regulatory standards, guidelines, and policies. Additionally, NITDA is the clearinghouse for all IT projects and infrastructural development in the country.
It is the prime agency for e-government implementation, Internet governance and general IT development in Nigeria. NITDA is poised to actualize its mammoth mandate through strategic and inclusive stakeholder management, local and international partnership and efficient utilization of resources in the interest of Nigeria.
The blockchain brings new financing options to the business market. For example, Bitcoin Cash casino has adapted to only using cryptocurrency. This way, it makes it easier for their customers to deposit and withdraw in a BCH casino. Entrepreneurs have taken note of this and are looking to invest more in crypto than in fiat markets.
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