OmniIndex, the secure Web3 data platform, has forged a partnership with Future-X Education and Cross River State in Nigeria to safeguard the data of every student using blockchain storage and fully encrypted analytics.
In this groundbreaking collaboration, approximately 500,000 individuals will benefit from enhanced security through encryption, redacted anonymization, and Web3 technology. Leveraging blockchain and encryption, the initiative will enable real-time insights to improve educational outcomes without compromising the personal details of individuals involved.
The agreement with Cross River State represents a pioneering effort, marking Nigeria’s ambition to establish a blockchain-powered economy supporting secure transactions, data sharing, and value exchange. Aligned with Nigeria’s National Blockchain Policy, released in May 2023, the partnership aims to deliver improved transparency, accountability, efficiency, security, and financial inclusion through blockchain technology.
Nigeria’s burgeoning tech sector, one of the fastest-growing in Africa, is supported by the government’s commitment to investing in new technologies. In 2022, the technology start-up ecosystem attracted around $1 billion to Nigeria. This innovative blockchain storage partnership reinforces the security, integrity, and privacy of student data using blockchain technology, fully homomorphic encryption (FHE), and artificial intelligence (AI).
OmniIndex’s Web3 data platform collaboration with Future-X empowers the Federal Ministry of Education to modernize Nigeria’s educational data management infrastructure. OmniIndex ensures accountability through blockchain’s real-time recording of all access and transactions, offering full security with encrypted, immutable data, monitored for unauthorized access through its built-in narrow AI engine.
Caroline Adikpo-Edet, Director of the Planning, Research, and Statistics Department at Cross-River State Ministry of Education, expressed satisfaction with the solution, stating that it has resolved challenges in obtaining accurate data.
Future-X Education CEO, Dr. Patrick Adeneye, highlighted the addition of industry-leading security and privacy to their cloud-based education management information system, thanks to OmniIndex. This enhancement allows Future-X Education to expand its services securely to more schools, benefiting teachers and students across Africa without third-party access or exposure risks.
OmniIndex CEO Simon Bain emphasized the significance of working with the Federal Ministry of Education in Nigeria, urging the practical application of blockchain technologies. As the world’s sole provider of commercial fully homomorphic encryption within a blockchain data storage platform, OmniIndex takes pride in leading the way in this new Web3 era. The CEO expressed enthusiasm for potential future collaborations across Nigeria and ongoing discussions with other states to provide similar data protection and privacy for educational insights.
