The Central Bank of Nigeria is teaming up with blockchain credit infrastructure company Gluwa to promote the adoption of eNaira, its central bank digital currency (CBDC), the company announced today. 

Gluwa hopes to drive adoption by introducing its Credal technology to the eNaira, which powers loans on the real-world asset oriented Creditcoin blockchain developed by the company. Now, when users transact using the eNaira, they will also build a decentralized credit profile independent of any financial institution or national borders, according to the company.

"Gluwa sets its high ambitions of onboarding millions of Nigerians by implementing its Credal technology to build credit reputations for eNaira users as a valuable new way to drive the adoption of the CBDC," the company's …