Announced on May 3, IOHK has signed a memorandum of understanding (MOU) with Ethiopian government to onboard local developers to leverage Cardano’s blockchain platform and develop the AgriTech sector.
Ethiopia is Fertile Land for Blockchain Tech
The world’s most populous landlocked country Ethiopia has jumped on the blockchain bandwagon to boost its agriculture industry. The IOHK signed an MOU with Ethiopia’s Ministry of Science and Technology in a bid to train local developers to use Cardano’s platform. More information on the project is available on the country’s Ministry of Science and Technology website.
Acknowledging the partnership, Cardano founder and IOHK CEO Charles Hoskinson tweeted “Just signed an MOU with the Ethiopian Ministry of Science and Technology to explore training blockchain developers and use Cardano in the Agritech Industry.”
Ethiopia’s Minister of Science and Technology, Dr. Ing Mr Getahun Mekuria, said:“Today is a great day in Ethiopia. The Ministry of Science and Technology and IOHK are collaborating in researching an area of application to use their blockchain platform Cardano to be built upon by Ethiopian developers.”
Cardano and Coffee
Ethiopia’s economy is primarily based on agriculture exports, with coffee being one of the most popular. The agriculture industry employs the majority of the labor force and export revenue. With blockchain technology, the government plans to track its coffee shipments.
The cooperation between Cardano and Ethiopia was followed on May 4 with the release of the first publicly-available formal specification for Cardano.
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