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FG Introduces Digital Tokens to Replace NIN Slip – Pantami

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Federal Government has introduced a suite of digital Tokens to replace the aging NIN slip and polycarbonate card.

FG Introduces Digital Tokens to Replace NIN Slip – Pantami

Isa Pantami, minister of Communications and Digital Economy, said this at stakeholders workshop on the National Identification Number (NIN) Tokenization Solution organised by National Identity Management Commission (NIMC) in Abuja.

He said government adopted the solution to ensure privacy of personal identifiable information of individuals during verification transactions and to reduce incidences of illegal retrieval, usage, transfer, and storage of NIN.

The minister who was represented by Aliyu Abubakar, director-general of NIMC, said the full implementation begins on January 1.

He said the tokenisation solution was customised to protect personal identifiable information and to protect the sanctity as well as sensitivity of the NIN issued by NIMC to registered individuals.

“One of the benefits of the virtual NIN is to ensure no third party may carry out any verification, hiding behind a proxy (and without the knowledge of the NIMC, being the Custodian of Identity).

“And also generated Token or Virtual NIN is unintelligent, completely random with no correlation to the NIN and cannot be reverse engineered, even by a Quantum Computer.

“The NIN holder is the only exclusive issuer of NIN and cannot be delegated, “Pantami said.

He said anonymization was also catered for with the attachment of the UserID of the verifier to every verification request, adding that no NIN, no verification.

Pantami said NIN tokens are MDA or merchant specific and expire after a set period of time, saying that a token generated for company A cannot be utilized by company B.

Abubakar said that the aim of the programme was to  rub minds with stakeholders to ensure understanding of the product and buy-in by all.

“We must continue to reinforce the need for every Nigerian to have a digital identity, irrespective of social class or economic status, improve access to all and ensure continuous protection of privacy and data of our citizens and other enrollees.

“We must sustain the momentum by creating continuous awareness programs and sensitizing of the public.

Also speaking, Tunji Durodola, technical consultant of NIMC, said the Digital Token was designed to replace the 11-digit NIN for every usage for everyday usage.

He said NIN had been shared and stored by various entities mostly without the knowledge consent or consent of the ID holder or the custodian of identity in Nigeria, NIMC.

Durodola said the improved NIN slip had a smaller firm factor and is available to all who have been issued an active NIN, saying they may be purchased without having to visit NIMC office.

“Some of the pre-requisite of tokenization, one needs a NIN issued by NIMC, mobile number registered in Nigeria and linked to your NIN,” he said.

Hajiya Hadiza Dagabana, director, legal, regulatory and compliance compliance services, NIMC, said there was need for sensitization of the public.

She said that the tokenization would be properly disseminated in various local dialects for better understanding.

Tokenization consist of 16 Alpha-numberic characters. starting and ending with two letters of the Alphabets.

It is issued by an ID Holder, either via the NIMC MWS Mobile ID apps or via USSD on a feature phone and only by the NIMC, while a mobile number linked to a In is required to participate.

A minor Number linked to a NIN is required to participate.


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Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands

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Eric Schmidt, former Google CEO
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Eric Schmidt, former Google CEO has expressed concerns about the extreme risks posed by artificial intelligence (AI) falling into the hands of terrorists or rogue states.

Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands

Eric Schmidt, former Google CEO

He warned that nations such as North Korea, Iran, and Russia could adopt AI technologies to develop weapons capable of causing significant harm, including biological weapons.

Schmidt urged governments to oversee private tech companies, emphasising, “The real fears I have are not the ones most people discuss about AI, I talk about extreme risk.”

“I’m always worried about an ‘Osama Bin Laden’ scenario, where truly evil individuals take control of some aspect of modern life to harm innocent people,” he added.

With private companies driving AI advancements, he stressed the need for careful government monitoring and regulation. “It’s really important that governments understand what we’re doing and keep their eye on us,” he said.

His remarks followed a two-day AI summit in Paris, where the UK and the U.S. declined to sign a communiqué outlining the future direction of AI. The declaration on “inclusive and sustainable artificial intelligence for people and the planet” was endorsed by 57 countries, including India, China, the Vatican, the EU, and the African Union Commission.

The UK justified its decision, stating that the agreement lacked “practical clarity” on global AI governance and national security concerns.

Schmidt supports U.S. export controls restricting the sale of advanced AI microchips to certain countries, aiming to slow adversaries’ progress in AI research.

He also highlights the importance of international collaboration on AI safety, suggesting that cooperation with nations like China is essential to addressing global AI challenges.

 

 


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OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk

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Sam Altman, chief executive of ChatGPT-owner OpenAI
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Sam Altman, chief executive of ChatGPT-owner OpenAI, has firmly declared the company “not for sale” following a $97.4bn (£78.4bn) takeover bid from a consortium led by Elon Musk.

OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk

Elon Musk

Speaking at the AI Action Summit in Paris, Altman emphasised OpenAI’s mission to develop AGI (artificial general intelligence) for the benefit of humanity.

Marc Toberoff, attorney for Elon Musk, confirmed the bid submission on Monday.

In response, Altman humorously offered to buy Twitter for $9.74 billion on Musk’s platform.

Unlike many tech giants, OpenAI is not publicly traded but operates through a complex partnership between non-profit and for-profit entities.

Musk aims to return OpenAI to its non-profit roots, despite owning a rival firm, xAI.

Christie Pitts, a tech investor, expressed scepticism about Musk’s intentions, noting his competitive interests.

Altman echoed this sentiment, suggesting Musk’s move disregards OpenAI’s mission.

Altman, who holds no stock in OpenAI, advocates transforming the organisation into a fully for-profit company to raise more funds for AI research.

Although the board has the final say, the $97.4bn offer falls short of OpenAI’s previous $157bn valuation and rumoured $300bn in future funding talks.

Toberoff stated the consortium might increase their bid. Meanwhile, OpenAI is collaborating with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund on “The Stargate Project,” a $500 billion AI infrastructure initiative announced by President Donald Trump.

 

 

 

 


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Adobe Launches AI Video Tool to Compete with OpenAI

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Adobe yesterday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.

The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.

Adobe’s model differs from its rivals because it is geared toward generating clips that will fit into how film and television studios use Premiere Pro, its flagship video editing software.

To that end, many of the features that Adobe is emphasizing revolve around feeding existing shots into the video model and asking it to generate clips that fix or expand on shots that were taken on a real production set but that did not come out quite right.

Adobe said the service will generate five-second clips at 1080p resolution. While that is shorter than the clips of up to 20 seconds generated by OpenAI’s service, Adobe executives said the majority of individual clips in most productions are only three seconds.

Adobe said a user can generate 20 clips per month for $9.99 and 70 clips for $29.99. That compares with 50 videos for $20 per month with OpenAI’s plan at lower resolution and a $200 OpenAI plan that can handle longer, higher resolution videos.

Adobe is also working on a “Premium” pricing plan for studios and other high-volume video users and will release those pricing details later this year. Alexandru Costin, Adobe’s vice president of generative AI, said the company is working to generate 4K video and will remain focused on quality rather than longer clips.

“We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that’s unusable,” Costin told Reuters.

 


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