Cardano plans to showcase expertise throughout the African continent after Ethiopia deal – The Each day Hodl

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The Director of African Operations at Input Output (IOHK) outlines the team’s plan to showcase Cardano’s technological capabilities in Ethiopia and other countries on the continent.

In an interview with crypto YouTuber Big Pey, James O’Connor, director of IOHK’s African operations, highlights Cardano (ADA) and the group’s plans for its digital identity infrastructure in Ethiopia.

To landing Following a massive deal with the country’s government in April, ADA will launch the Ethiopian education industry and help digitize it.

When asked if the continent will find more acceptance in other countries, O’Connor says the team has plans to showcase blockchain technology in about seven or eight other nations in Africa.

“We’re doing a road show in October. So Charles and I and a few other people on the IA team will be traveling around, I think seven or eight countries right now. We meet with some senior officials, senior government officials, and presidents all interested in learning more about our identity solution.

Some of them are interested in central bank digital currencies (CBDCs). Some of them are interested in wire transfers and microfinance opportunities. So what they have really tried is to put together a tool kit that shows what blockchain can do for you as a nation-state. “

O’Connor is downsizing on a five-year plan and wants IOHK to pass the torch on to other developers around the world to grow the ADA network and provide financial services to unbanked populations.

“So for us it really has to be about passing the torch from input output to something more scalable. We have these high level goals – we want 100 million users using Atala Prism. We want so many nation states to use our system. We want a Cardano nation in which the entire infrastructure on Cardano is built in a single country.

Well, this won’t just happen to us … If we want to scale, we have to get involved in a wider community, and that can’t just be us anymore. So it would be for me – a thriving ecosystem of partners, developers … in each of these countries that really use our technology and can make a billion without direct debit, which is our mission statement. “

At the time of writing, Cardano is trading at just under $ 3 and is currently trading at $ 2.95, according to CoinGecko.

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Selected image: Shutterstock / spainter_vfx


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