The project will be the largest 'real word use case' in blockchain history, O 'Connor said: Cardano visits Tanzania, Africa South, Kenya and Nigeria . It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. At press time, Cardano was trading at $1.246876 on Thursday, down 10.61% on the day. According to John O’Connor, the director of African Operations at IOHK, the project could add millions of users to Cardano for real-world blockchain implementation. Cardano: IOHK to Rope In Fortune 500 Enterprises for Adoption in Africa. The official blog post notes that “the Cardano Foundation is proud to announce that it has donated to the Trust graphic novel 21, a pan-African project designed to raise awareness of blockchain technology’s power to deliver financial sovereignty to underserved communities.” While speaking to forkast.New, Charles Hoskinson, CEO of IOHK Foundation, provided scintillating glimpses about his plan for the year.The main person behind the creation of Cardano blockchain asserted that Fortune 500 enterprises intending to extend their reach in emerging economies in Africa and Middle East require a … Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions. Because after … With Berlin looming, how is Ethereum’s price faring? Cardano brings a new standard in technology – open and inclusive – to challenge the old and activate a new age of sustainable, globally-distributed innovation. The starting point for this project will be setting up local Cardano resource hubs for solutions design in Ghana, Cameroon, and other major cities in West Africa. The project will focus on Atala PRISM, which will be a decentralized identity solution based on the Cardano blockchain that will allow people to own their personal data and interact with organizations in a transparent way, private and secure. Cardano is the first blockchain platform to be built through peer-reviewed research, to be secure enough to protect the data of billions, scalable enough to accommodate global systems, and robust enough to support foundational change. While speaking during the annual Blockchain Africa … Peer-to-peer communication between stake pools will make ... Read more, Alonzo will build on Cardano’s token upgrades to give de ... Read more, The Cardano Foundation is pleased to announce the live r ... Read more, The event will be ushered in with a ‘public assertion of ... Read more, Boosting network decentralization with P2P. Some of the African countries his company has apparently engaged so far include: Tweet on Twitter. Litecoin, Bitcoin SV, SushiSwap Price Analysis: 18 April, XRP, Dash, Zcash Price Analysis: 18 April. Once live, this would be a massive project, perhaps the largest blockchain deployment thus far in crypto history. According to John O’Connor, the director of African Operations at IOHK, the project could add millions of users to Cardano for real-world blockchain implementation. He also said Cardano is currently working with some African nations to create digital identities linked to the Cardano blockchain. For their mission, the Cardano team is aggressively pursuing the Fortune 500 companies to sell on Cardano and accept ADA as a payment mechanism. XRP, Cosmos, Dogecoin Price Analysis: 12 February, What a short squeeze means for Bitcoin’s price. While further details on the status of the project remained undisclosed, the project is anticipated to see millions of users onboarded into the Cardano ecosystem for real-world use. To him, the peer-reviewed blockchain would be able to host data of countries. The Cardano Foundation donated in ADA to Trust, a pan-African novel that aims to spread awareness about blockchain technology and its ability to offer financial freedom. When launched, the project could onboard millions of new users onto the Cardano platform and become one of the largest real-world implementations of blockchain technology. Cardano is an awesome project as a software developer I admire how fast they are delivering with such amazing quality. The Cardano Founder was presumably referring to Cardano’s recent deal with an African government. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. 0. In a recent blockchain conference for Africa, Hoskinson said the Cardano is not just about facilitating the development of dApps. Cardano’s Notable Projects to Launch for Some African Countries Will Involve ADA O’Connor also stated that a second project is close to being finalized in Tanzania. Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. He added that his team is negotiating contracts with several African nations to enable citizens to have digital identities linked to wallets and payment systems. Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. About Cardano. IOG has a project in Tanzania that will focus on offering Internet access to people who don’t have it. Dubbed "Atala PRISM", the project's focus is set to be a decentralised identity solution based on Cardano's blockchain, allowing people to own their data, and conduct transactions with organizations privately and securely. Coinbase News Coinbase News 24/7. Hoskinson in a recent interview with Crypto Banter, noted. For a token that surged by over 400% since the beginning of the year, questions arose as to what exactly caused the sudden surge in its price. Charles Hoskinson, the CEO of the Cardano blockchain and co-founder of the Ethereum blockchain, has provided updates on developments in Africa and what the company is doing on the continent.. Hoskinson revealed exciting updates in the company’s aggressive strategy on the continent. We have changed what it means to build global systems and sustainable models of exchange and governance. Cardano restores trust to global systems – creating, through science, a more secure, transparent, and sustainable foundation for individuals to transact and exchange, systems to govern, and enterprises to grow. The project will focus on the provision of Internet access to those who need the service. Coinbase is known to the world as one of the most popular and secure online platforms for buying, selling, transferring and storing cryptocurrencies. According to IOHK, this will be the first major token release on the Cardano Native Assets platform and is “the largest democratic exercise in the history of decentralized AI”. Ouroboros enables the Cardano network’s decentralization, and allows it to sustainably scale to global requirements without, crucially, compromising security. According to a survey by Statista and the 2020 Chainalysis Geography Report, Africa is booming in terms of crypto adoption, especially in Nigeria, South Africa and Kenya. Cardano goes to Tanzania, Ethiopia, South Africa, Nigeria, and Kenya. Price has consolidated for more than 20 days and could soon make a move. admin Cardano IOHK, the company behind the Cardano blockchain, is in the final stages of securing a huge government contract in Africa. Samyuktha is a full-time journalist at AMBCrypto. Share on Facebook. JOIN US ON TELEGRAM. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. Cardano’s efforts in Africa are broad in scope. He emphasized that the 2020s will be the decade of Cardano as the project aims to grow into an unmatched global social and financial operating system. The development team consists of a large global collective of … IOHK, the company behind the Cardano blockchain, is in the final stages of securing a huge government contract in Africa. This will help attract local developers and other bright minds that will subsequently contribute to blockchain related projects. For example, Atalia is an enterprise blockchain solution that can provide the infrastructure required to run a government. What next after Bitcoin, Ethereum breach their respective ATHs, again? IOHK, the company behind the Cardano blockchain, is in the final stages of securing a huge government contract in Africa. Save my name, email, and website in this browser for the next time I comment. IOHK, the company behind the Cardano blockchain, is in the final stages of securing a huge government contract in Africa. Cardano, Cosmos, Hedera Hashgraph Price Analysis: 17 April. Cardano (ADA) is a type of digital cryptocurrency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. The development team consists of a large global collective of … Cardano has also revealed one of those projects Hoskinson claimed has been in the pipeline. But did not specify about the level of project’s development. Why are value inflows into Tether’s market important? With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress. Ouroboros is the first peer-reviewed, verifiably secure blockchain protocol, and Cardano is the first blockchain to implement it. The venture will transform into the biggest “real word use case” for the budding blockchain. Required fields are marked *. We, alongside our community and partners, are defining a new future: a decentralized future without intermediaries, in which power is returned to the individual. The core of the venture is Atala PRISM, a decentralized identity system using Cardano blockchain. Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change. A decentralized team works across three independent entities to ensure that Cardano stays true to its purpose as we advance and evolve. Crypto currencies (Cardano) Yoroi Wallet. After building many local relationships, training staff, and overcoming obstacles, the platform is at a turning point on the continent, Hoskinson said. The protocol is the culmination of tireless effort, building on foundational research, and is propelled by a vision for more secure and transparent global payment systems, and a means to redistribute, more fairly, power and control. IOHK making major strides in Africa with real-world blockchain solution built […] this exchange CEO says selling ‘unregistered securities’ is a ‘made up crime’. Yoroi allows users to manage Cardano ADA on their phone. A the second … Cardano is working on new deals that will bring millions of users into its ecosystem, said the project’s founder Charles Hoskinson. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. John O’Connor, Director of African Operations at IOG, revealed at the time that the company of Cardano inventor Charles Hoskinson was in the final stages of a government contract in Ethiopia to bring several million users onto the Cardano blockchain. During the second week of February, the Director of African Operations at IOHK, John O’Connor, announced that Cardano is about to secure a contract with the Ethiopian government in Africa. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. We have changed science. It is a lightweight wallet that launch-es quickly, allowing users to start sending or receiving ADA in minutes. The Blockchain Africa Conference 2021 is once again here with us and, as usual, it has an exciting list of interesting … The development team consists of a large global collective of … Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. Ethereum, BitTorrent Token, Zcash Price Analysis: 17 April, Ethereum, UNI, Stacks Price Analysis: 16 April, Ethereum finally breaches $2500 to hit yet another ATH. The project will permit people to have control over their private data and engage with institutions in an easy, private and safe manner. 1141. During an interview, John O’Connor, Director of African Operations at IOG announced that IOG’s projects in Africa are so big. The Cardano Founder was presumably referring to Cardano’s recent deal with an African government. News, a couple of weeks ago, that he & Cardano are betting on the strong interest of Fortune 500 companies to expand into the developing world like Africa. South Africa Forex Brokers; PayPal Forex Brokers ... Time will tell how successful the project will be, going forward, but Cardano pushing to innovate its network to handle smart contracts is … Despite the $1 price mark for ADA approaching, the cryptocurrency is still yet to be listed on exchanges like Coinbase and Gemini. Ripple (XRP) has been down by more than 3.7% in the last 24 hours; the value has gone below $0.51. Strong upward trend showing on ProfitFarmers crypto market scanners. Here’s how Dogecoin is competing with Ethereum to lead the altcoin rally, Europe’s CoinShares announces the launch of XRP ETP, Here’s what Ripple’s CTO had to say regarding XRP’s ‘biggest success’, Here’s why this Ripple exec warns US regulators that innovation may head overseas, Why this CEO argues against KYC norms for Bitcoin, XRP Lawsuit effect? In March 2018, John O’Connor who is the Director of African Operations at IOHK wrote in a blog post about the ambition of making “Cardano the blockchain used to build land registries and much more” in Africa. Cardano flirting with the Ethiopian government for the world’s biggest blockchain project. For an even wider reach, the team has established a partnership with the Blockchain Education Network … It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The company will give each telecom customer a digital identity and offer ADA (Cardano’s native token) as … Bitcoin: Why this trend could be key to BTC staying above $60k, Bitcoin falls after Turkey’s central bank cracks down on crypto-payments. The novel will use graphics to tell a story of a woman that uses the blockchain to transform her community. According to the report, the partnership will leverage the functionalities of Cardano’s Project Catalyst, especially in voting on proposals that meet the standard of United Nations’ developmental goals. Are Biden and Yellen on the same side of the crypto-regulatory argument? I think most people thought the Africa … [CONFERENCE MARCH 18-19, 2021] Catch the CEO of Cardano, FTX, and ByBit, at the Upcoming ‘From Hype to Mainstream’ Blockchain African Conference 2021. According to John O’Connor, the director of African Operations at IOHK, the project could add millions of users to Cardano for real-world blockchain implementation. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. “I have a hundred plus commercial projects in the pipeline that want to either migrate or build something on Cardano”. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. An Artificial Intelligence (AI) solution SingularityNET (AGI) recently revealed it has engaged with Cardano to continue its second phase of migration into the Cardano blockchain. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. “The framework has been built from the ground up, for real-world use cases such as property registration, voting systems, and … Earlier this week, the Director of African Operations at IOHK, John O’Connor, announced that Cardano is about to secure a contract with the Ethiopian government in Africa. Moderator: Farzam Ehsani. It is also not presently supported by PayPal or included in Bitwise’s Crypto Index. Cardano’s native cryptocurrency, ADA was trading at $0.9203 at the time of writing and is currently the fourth-largest cryptocurrency by market cap. He noted that incentives, commercialization, and technology are key factors to note to become a leading digital currency project. Currently pursuing her Masters in Finance and Business Analytics, she is interested in cryptocurrencies, fintech, and blockchain technology adoption across various sectors. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. According to Cardano Founder Charles Hoskinson, the fundamental value of the project has always been evident. Insight - March 16, 2021. The development team consists of a large global collective of … The organizers of the Blockchain Africa Conference 2021 have announced yesterday that Charles Hoskinson, founder and CEO of IOG and inventor of Cardano, will deliver a keynote addressing “Cardano’s projects on the African continent.” Hoskinson has spoken several times in recent weeks about the tremendous opportunities that the African continent offers.. Cardano (ADA) is tied to Africa’s future As Hoskinson revealed, IOG opened its first office in Africa in Ethiopia two years after the start of the construction of the Cardano protocol. These interested parties aren’t limited to DeFi protocols and crypto projects exclusively, as Hoskinson also went on to state, “We have Fortune 500 interest and we have government interest”. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. Cardano 'Africa Project" will send Cardano Soaring! Goguen, the era of the Cardano blockchain … While details are set to be release at the end of the month—O’Connor revealed that the African project should realistically onboard 100 million users onto its platform within the next couple of years. Cardano, the fourth most valuable crypto by the Crypto market value is currently witnessing some sell-offs amid high profit-taking and a rising U.S dollar. Cardano: IOG reveals world's largest blockchain deployment in Africa The Cardano Foundation is delighted to share that Cardano has once again been featured as one of the Top 50 blockchain projects by Switzerland’s Crypto Valley VC (CV VC). IOHK tweeted, “We’re thrilled to announce that IOHK is collaborating with the United Nations for its 75th year anniversary! By. Project Catalyst will be used to vote on proposals which … The ADA community is now … A recent development on this front included SingularityNET announcing that it would create a billion new AGI tokens on the Cardano blockchain. The report, released on 4 March 2021, is an industry-recognized insight into the blockchain space.. ADA $5 sooner than you think! Whether you hold Cardano (ADA) already or not, there is good news! O’Connor acknowledged the fact that this was an ambitious project that will take time but was confident of its success if “authorities invest in creating the required legal and regulatory … Millions of Users Coming on Cardano. Should traders invest in altcoins like Tezos, Chainlink, Dogecoin, etc. Cardano, Ontology, BTT, VeChain Price Analysis: 13 April, Here’s what you might gain with ADA, IOTA, ICX, and BNB in your portfolio, Cardano, Bitcoin SV, Compound Price Analysis: 11 April, Your email address will not be published. Cardano’s strategy in Africa, along with the key use case of blockchain in supply chain management, will be explored in this blog post. Cardano’s smart contract era is getting closer to launch. Why? The Cardano community has been eagerly awaiting the final confirmation of the Ethiopia deal since early February. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. According to John O’Connor, the director of African Operations at IOHK, the project could add millions of users to Cardano for real-world blockchain implementation. In 2017 Charles Hoskinson, CEO of IOHK and a cofounder of Ethereum, released a video describing his project, Cardano, on a whiteboard. Your email address will not be published. New Cardano upgrade introducing smart contracts and DeFi. Earlier this week, the Director of African Operations at IOHK, John O’Connor, announced that Cardano is about to secure a contract with the Ethiopian government in Africa. , a decentralized team works across three independent entities to ensure that Cardano stays true to its purpose we! 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