• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Cardano Plans To Showcase Tech Across African Continent After Ethiopia Deal

September 4, 2021
in Altcoin
Reading Time: 3min read
0 0
A A
0
Cardano Plans To Showcase Tech Across African Continent After Ethiopia Deal
0
SHARES
3
VIEWS
ShareShareShareShareShare

The director of African operations at Input Output (IOHK) unveils the team’s plan to showcase Cardano’s technological capabilities in Ethiopia and other nations across the continent.

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

 

After landing a massive deal with the country’s government in April, ADA is set to launch and help digitize Ethiopia’s education industry.

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

 “We’re doing a roadshow in October. So Charles and myself and a few other people from the IA team will be going around, I think around seven or eight countries at the moment. We’re meeting with some of the top-level officials, senior government officials, presidents, who are all interested in seeing more about our identity solution. 

Some of them are interested in central bank digital currencies (CBDCs). Some of them are interested in remittance and micro-finance opportunities. So, really what they’ve been trying to do is to start to put together a toolbox of what blockchain can do for you as a nation-state.”

Zooming out to a five-year plan, O’Connor would like to see IOHK pass the torch to other developers around the world to scale up the ADA network and bring financial services to unbanked populations.

“So for us, it’s really going have to be around handing over the torch from Input Output towards something that’s more scalable. We have these high-level targets – we want 100 million users using Atala prism. We want this many nation-states using our system. We want a Cardano nation where all infrastructure is built on Cardano in a single country. 

Well, this isn’t going to happen with just us… If we want to scale, then we have to start engaging in a broader community, and it can’t just be us anymore. So that’s what it would be for me – a thriving ecosystem of partners, developers… in each of these countries who can really leverage our technology and make a dent in the billion unbanked, which is our mission statement.”

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

I

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix
 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/spainter_vfx


Credit: Source link

ShareTweetSendPinShare
Previous Post

Top Auto-DCA Services in Bitcoin

Next Post

Harrah’s New Orleans Casino Requires Vaccination Card, On-Line Gambling Surges

Next Post
Harrah’s New Orleans Casino Requires Vaccination Card, On-Line Gambling Surges

Harrah’s New Orleans Casino Requires Vaccination Card, On-Line Gambling Surges

You might also like

Bitcoin Vault Security Advances With Babylon-Ledger Integration

Bitcoin Vault Security Advances With Babylon-Ledger Integration

March 11, 2026
US Government Seeking To Retry Tornado Cash Developer Roman Storm on Money Laundering and Sanctions-Violation Charges

US Government Seeking To Retry Tornado Cash Developer Roman Storm on Money Laundering and Sanctions-Violation Charges

March 11, 2026
Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

UNI Price Prediction: Targets $4.15 by End of March 2026

March 8, 2026
AAVE Price Prediction: Testing $240 Breakout with $280 Medium-Term Target Despite Bearish Momentum

AAVE Price Prediction: Technical Recovery Targets $125-$140 by April 2026

March 9, 2026
XRP Price Pulls Back After Rally, Traders Eye Buy-the-Dip Setup

XRP Price Pulls Back After Rally, Traders Eye Buy-the-Dip Setup

March 6, 2026
Solana Price Prediction: Western Union Just Chose Solana for Its New Stablecoin — Is SOL About to Explode?

Solana Price Prediction: Western Union Just Chose Solana for Its New Stablecoin — Is SOL About to Explode?

March 5, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Oil Surges Near $100 Stalling Bitcoin Breakout

Oil Surges Near $100 Stalling Bitcoin Breakout

March 12, 2026
Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

PEPE Price Prediction: Technical Recovery Expected as RSI Shows Oversold Conditions

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.