Hyperspace Technologies (https://hyperspace.ng), a Lagos-based Web3 startup specializing in next-level smart security infrastructure and key management systems, today announced the launch of its groundbreaking product, the Keymaster VAULT (https://keymaster.ng).

Designed to cater to the African market, Keymaster VAULT is a secure, NFC-based hardware wallet that stores private keys offline, offering an affordable and user-friendly alternative to expensive and complicated traditional hardware wallets.

Leveraging the simplicity of Near Field Communication (NFC) technology, the Keymaster VAULT allows users to securely access their digital assets by merely tapping their NFC-enabled devices.

This eliminates complex installation processes, making the wallet an ideal choice for both cryptocurrency novices and experienced users. With offline storage of private keys, the wallet significantly reduces the risk of hacks and malware attacks associated with online storage.

“We wanted to create a wallet that combines the highest level of security with ease of use, making cryptocurrency storage accessible to a broader audience in Africa,” said Chidera Anyanebechi, General Manager of Hyperspace Technologies.

“The Keymaster VAULT not only provides an affordable solution but also offers enterprise clients the ability to leverage blockchain-based identity and access management, which we believe will be a game-changer in the industry”, Anyanebechi explained.

The Keymaster VAULT’s advanced encryption technology ensures the utmost security for users’ digital assets. Its compact design and portability make it a convenient choice for individuals and businesses looking to store their digital assets securely without breaking the bank or dealing with complicated setups.

“The African market has long been underserved when it comes to secure and affordable hardware wallet solutions,” added Anyanebechi. “We are excited to bring the Keymaster VAULT to our customers and empower them with a hardware wallet that not only protects their digital assets but also opens doors for innovative applications in blockchain-based identity and access management.”

The Keymaster VAULT is now available for purchase at https://keymaster.ng, giving cryptocurrency enthusiasts and enterprise clients across Africa a secure, affordable, and user-friendly hardware wallet solution

 

 

In furtherance of its digital capacity building initiative, the Federal Government of Nigeria has entered into partnership with Coursera, a global online digital skills acquisition platform, to empower twenty four thousand Nigerians with digital and developer skills in various fields over a three year period.

Declaring the training open on behalf of President Muhammadu Buhari (GCFR), today Wednesday, October 19, 2022, the Honourable Minister of Communications and Digital Economy Professor Isa Ali Ibrahim (Pantami), noted that “we are championing a paradigm shift of prioritizing hard, soft and social skills over theory and this collaboration will go a long way in supporting this shift. Coursera is one of the world’s top online learning platforms hosting thousands of courses for some of the best universities and companies, and has remained at the forefront of providing the global society with the education and resources it needs to build and maintain digital systems”.

Professor Pantami also reiterated government’s commitment to ensure that the nation’s citizenry is digitally empowered and properly positioned for the fourth industrial revolution. “The recent Memorandum of Understanding (MoU) entered into, with Microsoft to train five million Nigerians in various fields of technology, is part of government’s efforts to fulfill the requirements for digital transformation as laid down in the Nigeria Digital Economy Policy and Strategy (NDEPS) document.”

While expressing delight over the partnership, the Honourable Minister called on Coursera to expand its presence in Nigeria and especially in the academia where it already has an existing partnership with Covenant University.

“Coursera is in partnership with Covenant University which is one of the best private universities in Nigeria based on their annual rankings and publications which I have keenly observed. I have no doubt that this partnership has had a huge impact on the institution’s excellent standing. I therefore request that Coursera engages more academic institutions, at least one, in each geo-political zone and bring their expertise to bear within the identified environments.”

The Federal Government of Nigeria, through the Federal Ministry of Communications and Digital Economy, is spearheading this collaboration under the auspices of the National Information Technology Development Agency (NITDA).

Uwa Suleiman