NISER and Soramitsu Collaborate for Blockchain Research

The Nigerian Institute of Social and Economic Research (NISER) and Japan-based global technology company, Soramitsu, are collaborating to establish partnership towards promoting education, research, entrepreneurship, capacity building and knowledge transfer related to the areas of blockchain technology and digital currencies.

Soramitsu is an award-winning global technology company delivering blockchain-based solutions for open source projects, enterprises, universities and governments. From the creation of domestic and cross-border payment systems to the development of the SORA decentralized economic system, Soramitsu projects and use case studies represent the next-generation of fintech.

In this collaboration, Soramitsu seeks to:

• develop proposals for collaborative research, education and outreach in the identified areas,
• organize capacity building workshops and other activities to staff and researchers of NISER,
• exchange of technologies for collaborative research and development through appropriate technology transfer agreements and approval of each institutions
• Support and mentor staff of government agencies suggested by NISER in the identified areas.

In return NISER seeks to:

• provide an initial context setting and country situation analysis for market prospecting on Soramitsu’s proposed work in Nigeria,
• work as a joint partner to co-create proposals for collaborative research, education and outreach in the identified areas.
• provide background information and data related to Nigeria as well as advisort briefs on all NISER-Soramitsu joint efforts
• leverage its network to introduce Soramitsu to stakeholders relevant to successful implementation of projects in Nigeria
• jointly prospect and implement projects with Soramitsu in Nigeria.

The partnership is valid for two years, and NISER looks forward to the frontiers this partnership will open up in blockchain research and adoption.