Edo State, Nigeria, August 27, 2024, Chainwire
The Ministry of Digital Economy, Science and Technology in Edo State, Nigeria, has formed a strategic partnership with INTMAX, the leading developer of Layer 2 solutions. This collaboration comes amidst pressures on Nigeria’s cryptocurrency industry, underscoring Edo State’s commitment to digital transformation and innovation.
This partnership provides INTMAX with an important opportunity to work directly with the Edo State Government and establish a strong presence in various government parastatals. The primary objective of the collaboration is to build capacity within the state’s digital ecosystem, which will enable Edo State to leverage cutting-edge technologies and protocols to improve governance and service delivery.
The partnership is particularly relevant to government officials, civil servants, technologists, blockchain developers and other stakeholders in the digital economy. Edo State, by collaborating with INTMAX, aims to set a new benchmark in digital transformation, inspiring other regions to follow suit.
Despite regulatory pressure that has forced several cryptocurrency projects to cease operations in the Nigerian market, the partnership with INTMAX demonstrates Edo State’s determination to support blockchain innovation. The state recognizes the benefits that blockchain technology can bring by providing greater transparency and efficiency in the administration of essential government services.
The Honourable Commissioner for the Ministry of Digital Economy, Science and Technology of Edo State, Hon Ifaluyi Isibor, said: “We look forward to working with INTMAX to develop practical solutions that will enhance Edo State’s capacity to deliver key services. This partnership gives us access to a secure, low-cost network that can be used for everything from payments to record keeping, and we are confident that the collaboration will yield tangible results and demonstrate that Nigeria remains receptive to blockchain technology.”
Clarification: It is important to note that the Edo State Government and its representatives do not hold any cryptocurrency assets managed by INTMAX. This association is exclusively dedicated to capacity building and digital transformation initiatives within the state.
About INTMAX
INTMAX is a stateless Ethereum layer 2 that has been optimized for privacy and scalability. This makes INTMAX a key enabler for Ethereum and blockchain adoption. Its team has bridged the gap between the convenience of existing web solutions with their client-side data storage and execution on the one hand and the decentralization and security of blockchain technology on the other.
For more information, please contact:
INTMAX Public Relations Department
Email: [email protected]
Website: www.intmax.io
Edo State Ministry of Digital Economy, Science and Technology
Email: [email protected]
Website: www.edostate.gov.ng
ContactSergey MedvedevINTMAXIMUM[email protected]
This article was originally published on Chainwire
