NITDA, ICPC open application for illegal financial flow hackathon

The National Information Technology Development Agency (NITDA), through its subsidiary, the Office for Nigerian Digital Innovation (ONDI), in conjunction with the Independent Corrupt Practices and Other Related Offenses Commission (ICPC), has opened applications for the 2022 Illicit Financial Flows (IFFs) ) Hackathon.

The IFF project is supported by the Ford Foundation West Africa office.

The Illicit Financial Flows (IFFs) Hackathon aims to develop Indigenous solutions to curb illicit financial flows (IFFs) in Ministries, Ministries and Agencies (MDAs), monitor and control illicit transfer/movement of funds within Nigeria and across international borders. ensure effective supervision of procurement processes.

The Hackathon also provides an opportunity for young Nigerians to contribute their creativity and entrepreneurial skills by leveraging emerging technologies to fight corruption and other unethical practices that negatively impact the socio-economic fate of the nation.

“Therefore, these talented Nigerians will be tasked with coming up with clearly defined ideas and prototype solutions to checkmate IFFS, focusing on harnessing emerging technologies such as artificial intelligence (AI), cloud, big data, blockchain, quantum computing, internet of things (IoT), Augmented Reality (AR) and Virtual Reality (VR) and many others,” said a statement from NITDA.

The two-day event that will take place on September 1 and 2, 2022, will open with a boot camp at the National Center for Artificial Intelligence and Robotics (NCAIR), Abuja, while the second day will see a demo day at the ICPC Auditorium, Abuja and last day.

“Therefore, ONDI is calling for applications from eligible individuals/groups with innovative ideas and prototypes that would use emerging technologies to address the threat posed by IFFs within the country’s growing digital economy,” the statement added.

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