Cardano [ADA] to use its technology for developments in Africa

Cardano [ADA] is a decentralized blockchain platform which allows elaborated transfers in a more secure and scalable manner. It is currently at a price of $0.200 and is positioned 8th in the global cryptocurrency market.

Cardano offers regulatory oversight and consumer privacy, making it a flexible and scalable technology. It aims at providing a stable and sustainable ecosystem for the users. They have built a technology based on peer-reviewed academic research. The programming language for Cardano is written in Haskell, which guarantees accurate mathematical code.

According to the recent blog published by Cardano, their next objective is to improve the developmental conditions in Africa.

Landownership is a big problem in Africa. Cardano wants to set up a digital blockchain property register which can identify land using GPS coordinates. Accordingly, the property owner can be verified and the ownership can be transferred at a very minimal cost.

Rwanda has come to accept blockchain technology and digital transformation. They are planning to fix its ledger on to a blockchain system. Since this is a favorable time for blockchain to arise in Africa, Cardano’s plan is to build a robust and open-source technology.

John O’ Connor, the Director of African Operations at IOKH, writes in his blog:

“We have started down this road, and now is the time to begin planning trial projects across countries in the African subcontinent. We aim to make Cardano the blockchain used to build land registries and much more.”

John, writing about the project, also states:

“This is a grand ambition and will not be accomplished in a day. Success will be achieved only if public authorities invest in creating the required legal and regulatory environments for these trials.”

For this project to run smoothly, the government, NGOs, and the private sector industries will all have to work together. As a first step, they will be looking into education in Africa. They have partnered up with many Universities in Barbados and Greece, who will be training the young graduates in Haskell, the programming used to create Cardano. This training will be free and without any obligations.

John concludes his blog by stating:

“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.”

A Twitterati says:

“Inspiring article. Thanks from bringing Blockchain to the people.”

Source: Read Full Article

Leave a Reply