• What has Cardano (ADA) been up to with the Ethiopia project?

  • Charles Hoskinson, the founder of the Cardano (ADA) protocol and CEO of Input Output Hong Kong (IOHK), revealed the company’s progress in Ethiopia, where one of the world’s largest blockchain projects is still in the works.

    The blockchain research and engineering firm behind the fifth-largest cryptocurrency by market value is collaborating with Ethiopia’s Ministry of Education to create a universal student credentialing system that will go live in early autumn 2021.

    Examining the entire national identification system

    “We have about a million people on board. It will cover grades K through 12, and the first launch will take place, I believe, in September or October,” Hoskinson told Bloomberg in an interview, adding that the goal is to enroll five million students in a universal credentialing system that will include everything from student attendance and grades to academic accomplishments and honors.

    “It is our intention, among others, to compete for the entire national ID system, which is about 110 million people,” he said, revealing the company’s ambition to further develop blockchain solutions in the country.

    Cardano’s founder stated that the company is focusing on zero-knowledge cryptography, calling it “the closest thing to magic” in the industry and a valuable tool for preserving human rights.

    I am a firm believer in high-quality human rights.

    “We’re a big believer in quality human rights,” Hoskinson said, adding that it makes no sense to develop identity solutions or blockchain solutions for regimes like China or Saudi Arabia, where they are likely to be abused and weaponized against the population.”

    “You start at the country level and work your way down to the facts and circumstances. Things change –– and in some cases, you have to leave, even after years of working in a country,” Hoskinson founder told Bloomberg, revealing that the Cardano team recently backed out of a major project due to unforeseen circumstances.

    “We recently turned down a deal with a Central American country that we really wanted to do, but after peeling back layers and noticing the rule of law was deteriorating, it just didn’t feel right with our values.”

    “You have to balance every deal,” he said, explaining how the company determines who it develops identity solutions for.

    “The company’s vision is to improve the world’s systems for everyone everywhere, and the places that need better systems aren’t always Berlin or New York City. So you have to go to more difficult places, and you have to be very careful as you do it.”

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