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Cardano Ties A Blockchain Pact with Ethiopia to Boost Agriculture Sector

Cardano | Cardano Blockchain | ADA | Ethiopia | Agriculture | Ethipioa MOU Cardano

After several companies and nation coming forward to sign blockchain deals, one must expect at least one big blockchain collaboration everyday.

Ethiopia is the latest African country to join the blockchain bandwagon. On May 3, the country’s Ministry of Science and Technology signed a memorandum of understanding (MOU) with Charles Hoskinson, CEO of Cardano (ADA) to promote the use of Cardano’s blockchain in the domestic agriculture industry.

Charles Hoskinson is known as the founder of Input Output Hong Kong [IOHK], a blockchain development firm that built the Cardano blockchain platform. The technology company was founded in the year 2015 by Charles Hoskinson.

Hoskinson also tweeted that the agreement will also focus on training developers in the country to use blockchain.

Charles Hoskinson's recent post on Twitter

John O’Connor, Director of African Operations at Cordano’s parent company IOHK, said that Ethiopian developers expect to start using an agritech platform based on Cardano’s blockchain by the end of 2018. he said,

“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.”

According to O’Connor, the Ethiopian Ministry of Science and Technology has partnered with Cardano to build a blockchain based on peer-reviewed academic research by some of the world’s best researchers and engineers. He believes that it is the right time to begin planning trial projects in Ethiopia. In particular, Cardano aims to use Cardano blockchain to build land registries and much more.

Cardano is trying to pit itself against Ethereum by supporting smart contracts and decentralized applications. However, the project is far from completion. At the Eurocrypt conference that took place between April 30 and May 3 in Israel, the company presented a new Proof-of-Stake algorithm for its blockchain.

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