The director of African operations at Input Output (IOHK) unveils the team’s plan to showcase Cardano’s technological capabilities in Ethiopia and other nations across the continent.
In an interview with crypto YouTuber big pey, IOHK Director of African operations James O’Connor highlights Cardano (ADA) and the group’s plans for its digital identity infrastructure in Ethiopia.
After landing a massive deal with the nation’s authorities in April, ADA is set to launch and help digitize Ethiopia’s education trade.
When requested about whether the continent will see extra adoption in different nations, O’Connor says the crew has plans to showcase the blockchain know-how to around seven or eight more nations in Africa.
“We’re doing a roadshow in October. So Charles and I and a few other people from the IA team will be going around, I believe around seven or eight countries at the moment. We’re assembly with some of the top-level officers, senior authorities officials, presidents, who are all interested in seeing more about our identity solution.
A few of them are interested in central bank digital currencies (CBDCs). A few of them are fascinated with remittance and micro-finance opportunities. So, really what they’ve been trying to do is to start to put together a toolbox of what blockchain can do for you as a nation-state.”
Zooming out to a five-year plan, O’Connor would like to see IOHK pass the torch to other developers around the world to scale up the ADA network and bring financial services to unbanked populations.
“So for us, it’s really going have to be around handing over the torch from Input-Output towards something that’s more scalable. We have these high-level targets – we want 100 million users using Atala prism. We want this many nation-states using our system. We want a Cardano nation the place all infrastructure is built on Cardano in a single nation.
Well, this isn’t going to happen with simply us. If we want to scale, then we’ve got to start engaging in a broader community, and it can’t simply be us anymore. In order that’s what it will be for me – a thriving ecosystem of partners, developers. in each of those countries who can really leverage our technology and make a dent within the billion unbanked, which is our mission statement.”
At the time of writing, Cardano is hovering just below $3, presently trading at $2.95 in keeping with CoinGecko.