Cardano to Help Ethiopia (Africa) Grow Coffee Using Blockchain Tech
Blockchain pioneer Charles Hoskinson’s most recent project includes putting the origination of coffee on the blockchain. Hoskinson, who co-founded Ethereum and is in charge at keen contract filled decentralized blockchain startup, Cardano, has signed a memorandum of understanding (MOU) with Ethiopia’s Ministry of Science and Technology for ag-tech development on the public ledger.
The game plan errands Cardano with exploring ways that the African country can apply the startup’s blockchain innovation to its agri-tech part. Brokers didn’t observe Cardano’s ADA coin, which is positioned No. 6 on Coin Market Cap and which was exchanging lower by 6% at the season of production.
As indicated by the MOU, the members will contemplate ways that the blockchain could be utilized to track coffee along the supply chain or for land registry purposes to cut down on fraud, for instance. The partnership stands to have a long-term impact, as education is at the core of the arrangement. Hoskinson designs to share his thoughts as well as show engineers how to utilize Cardano’s blockchain innovation all alone.
Hoskinson used Twitter to document his trip to Ethiopia, including a glimpse into an Addis community and the new agreement –
Just signed an MOU with the Ethiopian Ministry of Science and Technology to explore training blockchain developers and use Cardano in the Agritech Industry pic.twitter.com/r06W0RSZye
— Charles Hoskinson (@IOHK_Charles) May 3, 2018
The Tech’s Impacts
John O’Connor, director of African Operations at IOHK who joined from the Cardano Foundation, detailed in a blog post how education will be paramount to the company’s mission in Africa, saying:
“This year we will offer our first course in Africa, probably in Ethiopia, and expect the first cohort of Ethiopian developers to be contributing to Cardano code by the end of the year.”
Earlier this Year, Hoskinson also spoke about future goals of Cardano at London School of Economics, he spoke about the problems surrounding land registry where landowners are being kicked off their own property for a lack of adequate record keeping. Countries like Rwanda, Kenya and Ghana are currently making strides with land registry on the blockchain — a key focus of Cardano and IOHK.
Before heading to Africa, Hoskinson was in Tel Aviv, according to his Twitter feed, where developers from Cardano’s partner company IOHK presented to cryptographers at EuroCrypto 2018.