The Federal Government is set to review policies governing the implementation of the National Blockchain policy.

It stated that the review is part of efforts to incorporate new emerging technologies and economic realities, expanding its reach to land registration, health, and education sectors.

The Director-General of the National Information Technology Development Agency, Kashifu Inuwa, made the announcement at a three-day co-creation workshop for the implementation of the National Block Chain Policy in Abuja.

The three-day policy discussion is to validate trends in blockchain technology and incorporate new stakeholders for inclusive adoption and implementation.

According to Investopedia, blockchain is a digital database containing information (such as records of financial transactions) that can be simultaneously used and shared within a large decentralised, publicly accessible network.

The government under former president Muhammadu Buhari had last year approved the policy to support secure transactions, data sharing, and value exchange between people, businesses, and the Government.