The frontier at the doorstep. I d'ont know of any other of my african pals on reddit. Because every concern you had about Cardano seems valid to me. The coffee industry has been targeted as a key area where Cardano could add value, specifically in Ethiopia. It all stems from a Facebook post on the official profile of the country’s Minister of Peace. Cardano is a third generation Proof of Stake crypto. Source: Immersion Imagery – Shutterstock Ethiopia’s Ministry of Peace has introduced the launch of a national identification system. Any partnership with that government is likely to line the pockets of some warlord. On the other hand, Cardano has a decent network effect too, but it does not have the scale of Dapps that Ethereum has, although it has been able to establish some great partnerships, for example, the Govt of Ethiopia and companies like price water house cooper. The sooner we grow out of it, the sooner crypto will be able to start making some positive impact in the world. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. The African nation of Ethiopia has signed a memorandum of understanding (MOU) with cryptocurrency startup Cardano (ADA), according to a report made by The Next Web on May 3. You won't see any news paper talk about it. Cardano’s strategy in Africa could face a setback following the intensification of civil war in Ethiopia. A suggested Reddit thread on the base reports that the system is based on Cardano's Atala PRISM - but it is not. ADA is like a stable coin in comparison with some economies. Also found Nokia, but its float is 5B shares and it moves like a snail. One such application within the supply chain is proving the origin of coffee. Cardano’s deal with Ethiopia is now with the country’s Minister for official signature. Via Twitter, Charles Hoskinson posted a “picture puzzle” that clearly hints at this. Both Israeli, so they're geographically close, and they have backhaul experience serving subsaharan Africa. I spent the last 24 hrs getting some surface-level knowledge of ADA, Cardano, and Atala Prism and I must say I'm very impressed. WhatsApp. Thank you for this ... this brings some context for sure! Unfortunately, Somalia is still a fragile state and will be for some time. Reply. PROJECT CATALYST Participate! In the past, Charles Hoskinson, inventor of Cardano, has been vocal about the huge potential of the African continent for the adaptation of blockchain technology.He has repeatedly indicated that his company IOG (formerly IOHK) has numerous projects for Africa in the pipeline.. Charles Hoskinson, CEO and founder of Cardano tweeted on 3rd […] Now the Cardano community must simply wait for the official announcement that the deal is done. Thats the reality. Discussion . I agree with op, Kenya would be a great choice , I'm sad to hear the state of Ethiopia . Referring to the deal that is under plans between Cardano and an African nation, Charles Hoskinson, founder of Cardano said that this deal will turn out to be the biggest ever user acquisition in the history of cryptocurrency space.. Over the past hours, many members of the Cardano community have been wondering about the major reason […] Compiled in partnership with PwC, the report lists Cardano(ADA) as the second-biggest crypto unicorn. I can also split my investment into multiple loans to hedge my risk. Join this fan group and lets start the discussion. The new token will either be based on Cardano or run on Cardano itself Cardano (ADA)’s lead developer has announced plans to create a government-backed utility token for the Ethiopian government. My co worker who is from Africa said: why would a government want to work together with a project like Cardano which will make them lose the power they have over the people. Third world countries want this infrastructure because it will bring huge amounts of money to their country. PROJECT CATALYST Participate! They should also consider how the technology might be used in nefarious ways. Cardano’s strategy in Africa could face a setback following the intensification of civil war in Ethiopia. As for african people posting on reddit, well it's a very european and american forum. I know they do well for themselves back home. Source: Immersion Imagery – Shutterstock The Ethiopian authorities contract to make use of the Cardano blockchain appears to have acquired the ultimate signature of the minister yesterday. Once recovered, I think Somalia has a real shot of being the first nation to abandon "real" money for virtual currency. The committee signed the deal excluding the country’s minister. You might ask, if the returns are so good, why doesn’t a commercial entity invest in third world countries. Cardano will be the infrastructure that connects third world countries to first world financing. Create, propose and VOTE on projects to be built on Cardano! This can't be repeated enough to today's overwhelmingly politically ignorant Internet/technlogy users: technology does, not, solve, political problems. East Africa is a great place for Cardano to invest in projects. But, if “birds landing” refers to Ethiopia, is now an inopportune moment to rollout? In this way, blockchain technology is expanding in the African continent. There’s even wide speculation that Charles Hoskinson’s cryptic messages about birds landing… People should consider how the adoption of something like Atala Prism in Ethiopia might impact the people who won't use the technology for one reason or another. Press question mark to learn the rest of the keyboard shortcuts. ⚠️ PSA - SCAMS Read about fake wallets and giveaways to stay safe. Anyway, the project is meant for Addis only, not the whole of Ethiopia. I have much more confidence that a project just in Addis can be successful. Share. This is not to say Cardano can't have a massive positive impact on the lives of hundreds of millions of Africans. Or is it the system that eventually protects those rights? NEWBIES GUIDE Ensure you've read this guide or your post may be removed. Ethiopia’s Ministry of Peace has announced the launch of a national identification system. The plan, to be accomplished in collaboration with the government, should streamline payments systems in Addis Ababa. That is not to say that things are not concerning overall. March 28, 2021 Charles Hoskinson, the CEO of IOG, who created Cardano (ADA), has some hours ago shared the latest development in relation to the much-anticipated Ethiopia’s government deal with Cardano, which is expected to bring millions of users to the emerging smart contract platform. Fellow Ethiopian here. Ethiopia Uses Blockchain Technology. My parents retired from the US to Addis and when I talk to them they say all is normal. Ethiopia worries me a ton, too. Bought some calls anyway. Cardano's strategy in Africa could face a setback following the intensification of civil war in Ethiopia, speculation and reports show. If I was going to make moves in Africa it would be here. There’s even wide speculation that Charles Hoskinson’s cryptic messages about birds landing refer to closing an Ethiopian government contract. What makes this collaboration actually work with Ethiopia and why does a so to say corrupt government want to work on decentralised banking which essentially could lose their power position? Because crypto takes away governmental responsibilities too. Cardano is … This post announced the first operational test of the new national citizen identification system. The problem with third world countries is that they are stuck in a cycle of poverty. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. Cardano’s strategy in Africa could face a setback following the intensification of civil war in Ethiopia. If crypto takes off in Africa, the race will be on to connect everyone on the continent as fast as possible. I was speaking to a collegae about the benefits that Cardano brings by banking the unbanked. Report Save. IOHK CEO and Founder of Cardano, Charles Hoskinson, announced the launch of an enterprise blockchain framework called Atala that aims to … I remember how Joseph Kabila, the former president in Republic of Congo, used the voting and identification issues to prolong his position in charge. Press J to jump to the feed. I AM NOT AN EXPERT! There’s even wide speculation that Charles Hoskinson’s cryptic messages about birds landing refer to closing an Ethiopian government contract.. In this specific case, as already outlined above, introducing IDs could give even more help to bad actors who want to target some parts of the population with abuse and violence. Local studies verify that the system is based on Cardano’s Atala PRISM. Ethiopian here. 331k members in the cardano community. There’s even wide speculation that Charles Hoskinson’s cryptic messages about birds landing refer to closing an Ethiopian government contract. Satoshi Street, Chicago, USA. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! Thanks for watching! Charles Hoskinson, the creator of Cardano (ADA), has been outspoken about the huge potential of Africa for the adaptation of blockchain technology. The first of Charles Hoskinson’s “birds” has landed in Ethiopia. If you want to look at this solely from a strategic perspective and remove the human factor; a partnership with Ethiopia is far more likely to lead to failure at this time and that can only negatively impact the project. 25 members in the CryptoUS community. Charles Hoskinson, the CEO of IOG, who created Cardano (ADA), has some hours ago shared the latest development in relation to the much-anticipated Ethiopia’s government deal with Cardano, which is expected to bring millions of users to the emerging smart contract platform. So maybe aren’t affected or seeing the worst of it like others are? The one thing I would say is that like anywhere, the way things are reported don't always reflect the reality. The Ethiopian government has recently struck a deal with Cardano (ADA) to work together on finding ways to use blockchain technology to improve the agritech industry. In certainly one of his notorious AMA’s Charles Hoskinson as soon as once more answered … Hoskinson said that they had sent the deal to Ethiopia for an official signature from the country’s Minister. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Charles Hoskinson, the creator of Cardano (ADA), the emerging smart contract, has stated that the mission of Cardano in Africa will make a large group of people have a digital identity, which will, in turn, bring millions of users to the network in 2021. Cardano Will Be Helping Ethiopia To Grow Coffee Using Blockchain Technology One of the most important blockchain platforms, Cardano, has signed a memorandum of understanding (MOU) with Ethiopia in order to use blockchain technology to grow coffee. I told him about the project running in Ethiopia. It will do that without the strict provisions and default clauses that foreign countries and commercial investors impose on them in exchange for their investment. We believe in Africa. I am a bot, and this action was performed automatically. There are reportedly thousands of fake soldiers on the government's payroll. Create, propose and VOTE on projects to be built on Cardano! Classic crowdfunding does not work anymore, or better still, it’s working as usual but the concrete results are limited. Somalia is actually shopping around for someone to help it implement its national identification program, something it desperately needs. But if I zoom out I realize that there will be many deals in the future for Cardano and other quality cryptocurrency platforms. 33. A Reddit thread suggested based on local reports that the system is based on Cardano’s Atala PRISM – however, it does not. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Occam Finance is building a “liquidity bridge” between Cardano and Ethereum Crypto News Flash 16:57 3-Apr-21. This type of naive techno-utopianism is getting really tired. The important stuff is what currency people uses in a country where inflation is crazy. I'm here only because I familiar with european ways. Soon after the signing, Cardano will officially announce the deal publicly. Telegram. While my family is from Ethiopia and visits frequently, I've never been there myself so take that into consideration. Reply. The deal will bring millions of crypto users to the ADA’s upcoming smart contract. "Although news related to Africa is in preparation, it doesn 'tThere are no announcements ready at the moment. Concerning my background, my understanding is that the Cardano community is still very small in Ethiopia. I'm french. Hoskinson leaks that Cardano-Ethiopia deal was signed by minister Crypto News Flash 07:04 4-Apr-21. Signing MOU's and similar agreements is a past time for some government officials! This is the point. I wonder how much is related to their socioeconomic status? Looking at Akoin, doing my research on "Africa" crypto (if you have some ideas to share, i'll glad !!!). Discuss Cardano trading strategy and speculation I was speaking to a collegae about the benefits that Cardano brings by banking the unbanked. Everything is politically fraught, no one can seem to agree on anything and there are growing fears the country may descend further into ethnic conflict. I'm not going to get into the details of what's going on in Ethiopia right now, it's all over the news for you to look up yourself and far too depressing for me to read. Ethiopia Works with Blockchain Tech According to […] Rumours have begun to circulate that Ethiopia’s new national identification system is based on Cardano. The Cardano neighborhood has been eagerly awaiting the inal affirmation of the Ethiopia deal since … Source: Aleksandra Sova – Shutterstock The Cardano primarily based project in Ethiopia is postponed by a brand new assessment. I pray that situation resolves itself. Cardano can provide the funding to third world borrowers that allows them to break out of their cycle of poverty and in return offer significant return on investment (similar to how many people go into debt to attend college with the goal of increasing their future earnings). It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. They get infrastructure immediately and cheaply. There’s even But, if “birds landing” refers to Ethiopia, is now an inopportune moment to rollout? Thanks for this comment. The … Yes. I think a project in Addis would be very interesting. But, if “birds landing” refers to Ethiopia, is now an inopportune moment to rollout? The Tigray Conflict Armed conflict betweenRead More I am in Kenya. 6.1k members in the CardanoMarkets community. Read Also: Cardano (ADA) Adds Over 200,000 Reddit Subscribers in Less Than Three Months. Somalia essentially uses cellphone talk time as virtual currency (EVCPlus), Kenya's population is massive, young, and tech-savvy. Ethiopia’s “special committee” has signed the ADA’s deal. It goes without saying that fundraising is a difficult task for every organization, because they ask people to trust them completely. Maybe some blogs. I am having similar thoughts about internet providers with ties to Africa. Press question mark to learn the rest of the keyboard shortcuts. And also the exact same situation for my family and friends who are back in Addis. NEWBIES GUIDE Ensure you've read this guide or your post may be removed. ReddIt. There’s even wide speculation that Charles Hoskinson’s cryptic messages about birds landing refer to closing an Ethiopian government contract.But, if “birds landing” refers to Ethiopia, is now a 0:41 Cardano Ethiopia Deal!! It has given me pause to hear how mired in conflict Ethiopia has been and yet how confident and prematurely celebratory some in the community have been about this deal. In the past, Charles Hoskinson, inventor of Cardano, has been vocal about the huge potential of the African continent for the adaptation of blockchain technology.He has repeatedly indicated that his company IOG (formerly IOHK) has numerous projects for Africa in the pipeline.. There’s even wide speculation that Charles Hoskinson’s cryptic messages about birds landing refer to closing an Ethiopian government contract. I hear what you are saying regarding what is going on there now politically and the increased chance for failure because of the loss of legitimacy. 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