Telecom
Hyperspace Secures Another Patent for its Blockchain Technology, cipherCHIP tap2verify
Hyperspace Technologies Limited has secured its second patent and trademarks for cipherCHIP tap2verify: A blockchain-integrated contactless product authentication & verification system.
Dr. Oluseyi Akindeinde, co-founder, Hyperspace Technologies Limited
The Lagos-based Web3 startup specializes in next-level smart security infrastructure and key management systems.
Developed within the Hyperspace Technologies Limited’ research and development (R&D) division, “cipherCHIP tap2verify” system presents a novel approach to product authentication by integrating Near Field Communication (NFC) tags, Non-Fungible Tokens (NFTs), and blockchain technology.
Dr. Oluseyi Akindeinde, the lead inventor of the MFA, is poised to enhance a security system that requires more than one method of authentication from independent categories of credentials to verify the user’s identity.
Hyperspace Technologies Limited had in August this year secured patent for cipherKEY tap2sign™ MFA (Multi-Factor Authentication), a next-generation security system designed to leverage the decentralized nature of blockchain, the robustness of public/ private key cryptography, and the convenience of NFC (Near Field Communication) technology to provide an unprecedented level of security against identity theft, phishing, and social engineering attacks.
Meanwhile, the cipherCHIP tap2verify’s patent certificate from the Industrial Property Office Registry, Commercial Law Department, Federal Ministry of Trade and Investment, was granted on December 14, 2023 and signed by Stella Ozo Ezenduka, the Chief Registrar on behalf of President Bola Tinubu.
On the other hand, the Trademark for cipherCHIP tap2verify was granted on October 20, 2023 under the Class of Scientific, nautical, surveying, electric, photographic, cinematographic optical, weighing, measuring, signaling, checking (Supervision), life-saving and teaching apparatus and instruments; apparatus for recording transmission in reproduction of sound or images; magnetic data carriers recording disc; automatic vending machines and mechanism for coin-operated apparatus; cash registers, calculating machines, data processing equipment and computers; free-extinguishing apparatus.
It will be published in the trademark journal.
Commenting on the journey to securing the patent and trademark, the intricate workings of cipherCHIP tap2verify, Dr. Akindeinde highlighted its potential to revolutionize product provenance and authentication.
“In an era where counterfeiting has become increasingly sophisticated, ensuring product authenticity is paramount. cipherCHIP tap2verify addresses this challenge by combining the unique identification capabilities of NFC tags with the immutable nature of blockchain technology, further enhanced by the uniqueness of NFTs”.
He added that cipherCHIP tap2verify offers a groundbreaking solution to product authentication challenges.
By seamlessly integrating NFC tags, NFTs, and blockchain, it provides an unbreakable chain of trust from manufacturers to consumers.
Nigerian Communication Satellite (NIGCOMSAT) Ltd has signed an agreement to provide internet service on the NigComSat-1R network platform to Dimension Data for one year initially, using the Ku dedicated band.
In a statement signed by Mrs. Aisha Bantam, assistant general manager of Corporate Affairs, NIGCOMSAT, this agreement aligns with the efforts of the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, to revitalize the nation’s economy through the provision of satellite technology.
The partnership was sealed by Mrs. Jane Nkechi Egerton-Idehen, chief executive officer NIGCOMSAT Ltd, and Mr. Olugbenga Olabiyi, country director, Dimension Data.
Mrs. Egerton-Idehen, expressed optimism about the partnership and affirmed that NIGCOMSAT will provide excellent services to its clients, having upgraded its facilities to cutting-edge technology.
She said NIGCOMSAT is now competing well in the global satellite market with the view of taking its rightful position: “Though we are in the market now, we are not late, and I can assure you that we are here for business.”
Mrs. Egerton-Idehen further stated, “We just finished a pilot scheme with this client and signed a Master Service Agreement. We are glad that the Country Director, Gbenga Olabiyi, and his team were happy with the results of our pilot. We shared all the work we are doing to reposition Nigerian Communications Satellite (NIGCOMSAT) Ltd, ensuring that our service delivery is excellent, our infrastructure reliable, and our technology continuous.”
Additionally, Mr. Olabiyi, of Dimension Data, noted that he is focused on creating unique and bespoke IT solutions for his customers while delivering services that are value-driven.
“Through customer engagement and outstanding technology infrastructure that advance productivity and business growth,” the Country Director stated.
According to NIGCOMSAT, with this continued drive and focus, the new NIGCOMSAT is gradually meeting the objectives of the Ministry of Communications, Innovation and Digital Economy under the leadership of Dr. Bosun Tijani, who is spearheading a series of initiatives to expand connectivity and promote digital inclusion in the nation’s economy.
Dr Bosun Tijani, minister of Communications, Innovation, and Digital Economy has said that his ministry and the Ministry of Interior have entered into an agreement to streamline emergency response services in Nigeria.
Dr Bosun Tijani, minister of Communications, Innovation, and Digital Economy
Tijani shared on his social media platform, X (formerly Twitter), that the effort was to enhance government service delivery through technology.
According to the minister, the agreement involves the Ministry of Interior taking a lead role in coordinating all parties to merge current emergency numbers into the unified efficient 112 emergency number, with support from the Nigerian Communications Commission (NCC).
The minister added that the collaboration involves key agencies such as the Nigerian Immigration Service, the Nigeria Correctional Service, the Nigeria Security and Civil Defence Corps, and the Federal Fire Service, all of which have a mandate to enhance internal security, emergency response, and other ancillary services.
Governor Abiodun Oyebanji of Ekiti State has paid glowing tributes to the Chairman of Globacom, Dr. Mike Adenuga, Jr. for his outstanding contributions to the development of Nigeria and the economy in general.
Speaking in his office in Ado Ekiti when he received the Public Sector team from Globacom on Monday, the governor also commended him for Globacom’s positive impact in the telecommunication industry, describing the company as the leader in the telecommunications sector in Nigeria.
“Globacom is our own and a good ambassador of this country as far as telecommunications services are concerned”, said Governor Oyebanji who also added that the Ekiti State Government would be delighted to do business with the company.
He promised that the state would be ready to partner with Globacom, especially in the areas of building a digital economy, fibre connectivity services to take the state to greater heights and in youth empowerments.
Speaking at the event, the leader of the Glo team, Mr. Adeniyi Odejobi, said that Glo pioneered revolutionary changes in the telecommunications industry for the benefit and empowerment of Nigerians in the last two decades.
He explained that the company was the largest integrated telecommunications service provider in Nigeria, servicing enterprises, large corporates, public sector organizations, SMEs and millions of individuals all over Nigeria as well as a total digital solutions provider.
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