Sterling Bank, a leading financial institution dedicated to fostering innovation and progress, has joined forces with the School of Politics, Policy, and Governance (SPPG) to revolutionize credential verification using blockchain technology.
This collaboration represents a significant step forward in improving the efficiency, security, and accessibility of academic credentials in Nigeria.
Recognizing the urgent need for a reliable solution, Sterling Bank has taken the lead in supporting the implementation of VX Technologies’ cutting-edge blockchain-based digital certification program.
The initiative was born out of the necessity to address the challenges faced by SPPG in managing and verifying academic credentials through traditional paper-based systems.
Obinna Ukachukwu, Chief Growth Officer at Sterling Bank, expressed excitement about the partnership with VX Technologies and SPPG to introduce this groundbreaking initiative.
He emphasized the bank’s belief in the power of innovation to drive progress and transform lives. By promoting the adoption of blockchain technology in education, Sterling Bank is not only revolutionizing credential verification but also advancing its H.E.A.R.T strategy for Education, which focuses on Access and Equity.
Sterling Bank’s investment in this innovative project underscores its commitment to promoting innovation and driving positive change in Nigeria’s education sector.
Through the use of blockchain technology, graduates from SPPG will now have access to secure, tamper-proof digital certificates, ensuring the integrity and authenticity of their academic accomplishments.
As VX Technologies continues to lead the way in integrating blockchain technology across various sectors, their collaboration with SPPG and Sterling Bank highlights the significant impact of blockchain technology on education and beyond.
Ryan Hawkos, Director of Operations at VX Technologies, expressed gratitude for Sterling Bank’s generous support, which has enabled the initial phase of the project to proceed.
He noted that thousands of SPPG alumni will benefit from this support, with the first one thousand certificates being provided at no cost.
As Nigeria’s education landscape evolves in the digital age, Sterling Bank remains committed to driving innovation and empowering the next generation of leaders.
Through strategic partnerships and innovative initiatives like the blockchain-based digital certification project, Sterling Bank is leading the way towards a future where access to education is seamless, secure, and equitable.
Alero Ayida-Otobo, Chief Executive Officer of SPPG, commended Sterling Bank for its commitment to quality education and positive educational experiences.
She highlighted the bank’s support for the adoption of innovative technology in the educational ecosystem.
“We are proud to be one of the first institutions in Nigeria to embrace blockchain for academic credential management, and we look forward to a future where this becomes the norm across the country,” she added.
Known for its renowned HEART of Sterling strategy, which focuses on investments in Health, Education, Agriculture, Renewable Energy, and Transportation, Sterling Bank has received accolades such as Most Innovative Bank of The Year by BusinessDay and Overall Best Place To Work In Nigeria by the Great Place To Work Institute in 2023.
The bank has also been featured on the prestigious top 100 fastest-growing companies in Africa list published by the Financial Times.
Comment here