Cardano [ADA] is a decentralized Blockchain platform that allows elaborated transactions to be done in a more secure and scalable manner. It is currently trading at $0.200 and is positioned 8th among the other cryptocurrencies.
The regulatory oversight and the consumer privacy that is offered by Cardano, make it a flexible and scalable technology. The aim of Cardano is to provide users a stable and sustainable ecosystem. It is a technology based on peer-reviewed academic research and is written in Haskell, guaranteeing an accurate mathematical code.
Recently, an official blog published by Cardano wrote that an objective of the platform is the improvement of developmental conditions in Africa.
In Africa, land ownership problem is huge. Cardano wants to establish a digital Blockchain property registerable to identify land using GPS coordinates. As a sequence, the property owner could be verified and the owner could be transferred at the minimum cost.
Rwanda has come to endorse Blockchain technology and digital transformation. They are planning to fix its ledger on to a Blockchain system. The above indicates that it is a favorable time for the rise of Blockchain in Africa. So Cardano’s plan to set up a robust and open-source technology is beneficial.
John O’ Connor, the Director of African Operations at IOKH, writes in his blog:
“We have started down this road, and now is the time to begin planning trial projects across countries in the African subcontinent. We aim to make Cardano the Blockchain used to build land registries and much more.”
John, writing about the project, also states:
“This is a grand ambition and will not be accomplished in a day. Success will be achieved only if public authorities invest in creating the required legal and regulatory environments for these trials.”
The cooperation between the government, the NGO’s, and the private sector industries is considered a must for the smooth running of the project. First, they will have to examine education in Africa. They have collaborated with many Universities in Barbados and Greece, educational institutes that train the young graduates in Haskell, the programming language of Cardano. This training will be free and with no obligations.
John concludes his blog by stating:
“This year we will offer our first course in Africa, probably in Ethiopia, and expect the first cohort of Ethiopian developers to be contributing to Cardano code by the end of the year.”
A Twitterati says:
“Inspiring article. Thanks for bringing Blockchain to the people.”