Sterling Bank has announced a groundbreaking partnership with the School of Politics, Policy, and Governance (SPPG) to implement a blockchain solution for credential verification, aiming to enhance the efficiency, security, and accessibility of academic credentials in Nigeria.
Sterling Bank, known for its commitment to innovation, has collaborated with VX Technologies to launch a blockchain-based digital certification program. This initiative addresses the challenges faced by SPPG in managing and verifying academic credentials using traditional 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 of 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.”
The project, funded by Sterling Bank, underscores the institution’s dedication to fostering innovation in Nigeria’s education sector. Graduates from SPPG will now receive secure, tamper-proof digital certificates, ensuring the integrity and authenticity of their academic achievements.
Ryan Hawkos, Director of Operations at VX Technologies, praised Sterling Bank’s support: “We are pleased to acknowledge the impactful generosity of Sterling Bank, which ensures that thousands of SPPG alumni can access their digital certificates, with the first one thousand certificates being provided at no cost.”
Alero Ayida-Otobo, CEO of SPPG, highlighted the importance of this initiative: “Sterling Bank’s commitment to quality and positive educational experiences for people is yet again demonstrated here in their support for 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 future where this becomes the norm across Nigeria.”
Sterling Bank’s strategic investment aligns with its renowned HEART of Sterling strategy, focusing on Health, Education, Agriculture, Renewable Energy, and Transportation. The bank has been recognized for its innovation and excellence, receiving accolades such as the Most Innovative Bank of The Year by BusinessDay and being named the Overall Best Place to Work in Nigeria by the Great Place to Work Institute in 2023.
This partnership marks a significant step towards a seamless, secure, and equitable educational landscape in Nigeria, setting a precedent for future innovations in the sector.