The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
All Alt Coin

Hoskinson wants a ‘Cardano nation’ among other things

by Miki 09/11/2021
by Miki 09/11/2021 0 comment

Africa has been recognized for its acceptance of cryptocurrencies quite often lately, as the continent’s nations suffer from economic difficulties and currency devaluation. Countries like Nigeria, Kenya, Ghana, and Togo top the list of cryptocurrency adopters. Cryptocurrencies are being used for international and commercial transactions, and as a store of value in the near absence of traditional banking systems.

Interestingly, blockchain is being used in the continent, for much more than personal financial purposes. Some use cases include public spending and governance, electricity trading, land registration, and so on. It is also being used for transparency in healthcare, along with faster supplies of data and material.

IOHK, the development team behind the Cardano network, had announced plans in April, to build a national ID blockchain system in Ethiopia. The partnership between IOHK and the Ethiopian government aims to build a blockchain-based universal student credentialing system in the East African nation.

Likely to launch later this year, it will see the first deployment of Cardano blockchain-based IDs for 5 million students across 3,500 schools. The idea is to create records and track their academic performance.

While many have hailed this to be a revolutionary step towards blockchain utilization for the world, IOHK doesn’t seem to have plans to stop here. In a recent podcast, the director of IOHK’s African operations, James O’Connor, highlighted the company’s plans to showcase Cardano’s technological capabilities in Africa going forward.

He revealed that the team was already in talks with several African nations. Hoskinson will meet several officials and presidents from multiple countries who are also interested in identity solutions. Other interests included CBDCs, and remittance and micro-finance opportunities. IOHK wants to “put together a toolbox of what blockchain can do for you as a nation-state.”

When asked about plans for the future, the exec noted that IOHK would like to pass on the torch to future developers, the world over, to transform Cardano to increase scalability and help the world’s unbanked population. He went on to say,

“We have these high-level targets – we want 100 million users using Atala prism. We want many nation-states using our system. We want a Cardano nation where all infrastructure is built on Cardano in a single country.”

Far-fetched as that may sound, Africa is known to have great potential when it comes to the adoption of new technologies, and blockchain is no exception. Cryptocurrencies like Bitcoin are routinely used for making remittance payments and to store savings. Additionally, blockchain-enabled financial technology options are also being actively developed and utilized by institutions across the continent.

Source link

Views: 1
AmongCardanoHoskinsonNation
Share
0
FacebookTwitterPinterestEmail
previous post
Trading Bitcoin Is Comparable To Trading Stamps. Collapse Looming, Says Sweden Central Bank Governor
next post
Chainlink: Here’s when a bullish reversal can be expected

Related Posts

Are Solana’s bulls really strong enough to halt...

12/29/2021

IXFI Announces Launch of New-Age Exchange Platform

12/29/2021

Litecoin repeating history will have this effect on...

12/28/2021

More than just a game – what GameFi...

12/28/2021

Even as network hits one million users, FTT...

12/28/2021

Fintech Expert Makes Six Bold Predictions for Crypto...

12/28/2021

A recovery rally in play for Sushiswap, as...

12/28/2021

SEC Accused of Deliberately Trying to ‘Kill’ XRP...

12/28/2021

Recent gains may finally boost Aave’s dominance in...

12/28/2021

Santa Floki Price Rallies 5,000% after Elon Musk’s...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Tesla CEO Elon Musk Shows Support for Dogecoin ($DOGE) Fee-Change Proposal

  • Hot Doge: Oscar Mayer’s Dogecoin Hotdogs Sell At Auction For $15k

  • XRP, Solana, Dogecoin Price Analysis: 14 November

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Mining (0)
  • Ripple (149)
  • Uncategorized (0)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,260.002.67%
  • ethereumEthereum(ETH)$1,808.151.94%
  • tetherTether(USDT)$1.00-1.05%
  • usd-coinUSD Coin(USDC)$1.00-1.08%
  • binancecoinBNB(BNB)$307.221.33%
  • rippleXRP(XRP)$0.3963813.52%
  • Binance USDBinance USD(BUSD)$1.001.60%
  • cardanoCardano(ADA)$0.472062-0.06%
  • SolanaSolana(SOL)$42.770.71%
  • polkadotPolkadot(DOT)$9.697.33%
  • dogecoinDogecoin(DOGE)$0.0787652.68%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,262.002.25%
  • tronTRON(TRX)$0.0826971.71%
  • Lido Staked EtherLido Staked Ether(STETH)$1,766.791.59%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • AvalancheAvalanche(AVAX)$23.04-1.62%
  • daiDai(DAI)$1.00-0.99%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • Shiba InuShiba Inu(SHIB)$0.0000110.75%
  • AlexAlex(ALEX)$0.068435-0.04%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.88-0.20%
  • litecoinLitecoin(LTC)$63.783.55%
  • CronosCronos(CRO)$0.1736484.49%
  • matic-networkPolygon(MATIC)$0.601.88%
  • HederaHedera(HBAR)$0.389473-3.44%
  • FTX TokenFTX Token(FTT)$27.462.76%
  • RareRare(RARE)$0.0461220.00%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.09-1.38%
  • bitcoin-cashBitcoin Cash(BCH)$180.852.47%
  • moneroMonero(XMR)$189.100.34%