Convexity, a leading provider of Blockchain solutions and products, has announced that it has obtained a compliance license from the Nigerian Data Protection Regulation (NDPR).
This indicates that Convexity has received certification that it complies with global standards for handling public data.
Convexity disclosed that the company took part in a Data Protection Compliance Organization (DPCO) appraisal to confirm that it conforms with NDPR regulations for data protection as part of efforts to achieve the compliance status.
The Convexity team is glad to inform users that it has obtained the Nigeria Data Protection Regulation (NDPR) Compliance License, according to a statement made in this respect by Convexity, demonstrating the team’s adherence to global best practices for the protection of the public’s privacy and data.
“The National Data Protection Regulation (NDPR), which takes into account the evolving worldwide standards for preserving data privacy and promoting data sovereignty through an efficient data protection framework, is quite similar to the European General Data Protection Regulation (GDPR).
The mission of NDPR is to “provide a fair legal and regulatory data protection environment, prevent data manipulation, and ensure that Nigerians support ethical behavior in economic operations, including the transfer of personal data.”
The National Information Technology Development Agency’s (NITDA) NDPR is the primary data protection authority in Nigeria (NITDA).
The directive aims to protect and control user personal data, as specified in the NDPR’s action plan.
As a result, the government has recognized the urgent need to create data protection rules and regulations to safeguard the personal information of Nigerian citizens and residents.
These laws and policies are emerging in the global community and are aimed at protecting identity, lives, privacy and property as well as promoting the integrity of trade and commerce in the new digital economy.
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