Empowering Nigerian Youths through Blockchain Technology: Insights from DecaHack Cohort at University of Ibadan

Title: Nigerian Youths Urged to Embrace Blockchain Technology for Global Competitiveness

Nigerian youths have been encouraged to actively engage with blockchain technology to enhance their global competitiveness. Adedayo Adebajo, co-founder of ICP Hub Sahara, emphasized the importance of embracing blockchain technology during the second DecaHack cohort held at the University of Ibadan in Oyo State.

DecaHack, an initiative by ICP, offers online blockchain boot camps, a hackathon, and a stage pitch competition for prizes. Adebajo highlighted that failing to embrace blockchain could have severe implications for the country’s future.

The event brought together innovators, experts, and blockchain enthusiasts from across Africa to foster discussions, presentations, and networking to advance the continent’s technological landscape. Ucheena Agams, Web3 ambassador for Arbitrum, discussed the future of interoperability and how Web3 innovators can bridge the gap between blockchain and DApps.

The competition’s organizers announced that the top five startups would receive up to $25,000 in equity-free grants and progress to Nigeria’s most prominent blockchain hackathon conference. All finalists will receive advisory support, mentorship, and access to ICP grant applications.

By encouraging Nigerian youths to engage with blockchain technology, the initiative aims to position them for success in the global digital economy. This proactive approach is expected to boost technological innovation, contribute to nation-building efforts, and ensure Nigeria remains competitive in the rapidly evolving tech landscape.