Nogieru Eghobamien
BEng Bioresource Engineering
BLUE Residency
|
Winter
2021
Exploring blockchain solutions to combat corruption in Nigeria
BLUE Residency
Winter
2021

Background

Corruption negatively influences the economic, political, and social efficiency of any country in which it exists, and it undermines the trust that emerging countries have in their governing bodies. Corruption in emerging economies acts as a barrier to a fair distribution of a country's resources among its citizens.

I am Nogieru, a third year Bioresource Engineering student who has lived most of my life in Nigeria, a developing country that has seen a rapid increase in economic activity over the years but has failed to see a corresponding rise in the majority of its citizens' overall standard of living. This is due to the continuous misallocation of available funds and resources by public sector officials. Having witnessed this menace and its profound effects on citizens, I have long dreamt of a corruption-free Nigeria, one without the complexities and injustices that corruption brings.

Through my time at Blue 21, I hope to tackle the question: Can an emerging technology like blockchain be a cure to corruption in our world, using Nigeria as a case study? My project explores the possibility of implementing a decentralized blockchain system in Nigeria that holds the potential to secure and protect identities while promoting transparency and fairness in transactions. I hope to identify the most non-disruptive techniques for implementation while evaluating the impact this may have on the behaviour of citizens.

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