Sterling Bank, a leading financial institution committed to driving innovation and progress, has partnered with the School of Politics, Policy and Governance (SPPG) to revolutionize credential verification through blockchain technology. This collaboration marks a significant milestone in enhancing the efficiency, security, and accessibility of academic credentials in Nigeria.
Acknowledging the pressing need for an effective solution, Sterling Bank has taken the initiative to back the implementation of VX Technologies' innovative blockchain-based digital certification program. This initiative arose from the necessity for a transformative solution to address the difficulties faced by SPPG in managing and verifying academic credentials through paper-based systems.
"We are thrilled to partner with VX Technologies and SPPG
to introduce this game-changing initiative," said Obinna Ukachukwu, Chief
Growth Officer Sterling Bank. "We believe in the power of innovation to
drive progress and transform lives at Sterling Bank. By supporting the adoption
of blockchain technology in education, we are not only revolutionizing
credential verification but also advancing our H.E.A.R.T strategy for
Education, which prioritizes Access and Equity."
Sterling Bank's investment in this pioneering project
underscores its commitment to fostering innovation and driving positive change
in Nigeria's education sector. By leveraging blockchain technology, graduates
from SPPG will now have access to secure, tamper-proof digital certificates, ensuring
the integrity and authenticity of their academic achievements.
As VX Technologies maintains its leadership position in
integrating blockchain technology across diverse sectors, their collaboration
with SPPG and Sterling Bank underscores the significant impact of blockchain
technology on education and beyond.
"We are pleased to acknowledge the impactful generosity
of Sterling Bank, who has provided the funding necessary for the initial phase
of this project. “ said Ryan Hawkos, Director of Operations, VX Technologies.
“This support ensures that thousands of SPPG alumni can access their digital
certificates, with the first one thousand certificates being provided at no
cost."
As Nigeria's education landscape continues to evolve in the
digital age, Sterling Bank remains committed to driving innovation and
empowering the next generation of leaders. Through strategic partnerships and
groundbreaking initiatives like the blockchain-based digital certification
project, Sterling Bank is leading the charge towards a future where access to
education is seamless, secure, and equitable.
According to the Chief Executive Officer of SPPG, Alero
Ayida-Otobo, “Sterling Bank’s commitment to quality and positive educational
experiences for people is yet again demonstrated here in their commitment to
supporting the adoption of innovative technology across the educational
ecosystem.”
“We are one of the first institutions in Nigeria to embrace
blockchain for academic credential management, and we look forward to a near future
where this is the norm across Nigeria,” he added.
Renowned for its now famous HEART of Sterling strategy; which
focuses investments in the Health, Education, Agriculture, Renewable Energy and
Transportation; its irreverent brand voice and enviable talent management
practices, Sterling has been awarded the Most Innovative Bank of The Year for
by BusinessDay, been named the Overall Best Place To Work In Nigeria by
the Great Place To Work Institute, and
has featured on the prestigious top 100 fastest growing companies in Africa, as
published by the globally recognized Financial Times, all in 2023.
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