Recently, Charles Hoskinson, Co-Founder and CEO of IOHK, the technology company“contracted to design, build, and maintain the Cardano platform”, talked about his talks with the government of El Salvador, the central American nation that on June 9 passed a law that makes Bitcoin legal tender.
In a video released on his YouTube channel on June 21, the Cardano founder said:
“We have been in talks with some officials and parties of El Salvador, and I may do a state visit, sent all the documentation and request for that, to meet the president. We have talked to a few people in that orbit, and they have expressed their interest in digitizing the country and going beyond just legalizing Bitcoin. We would have a better sense in probably the next two to four weeks. If it is a proper state visit, I will have a suit made, look pretty and go over to have some fun.“
On April 27, IOHK announced a partnership with Ethiopia’s Ministry of Education to create a Cardano-powered “national ID and attainment recording system.”
According to a report by CityAM, “the aim is to give all students blockchain-verified digital qualifications that reduce fraudulent university and job applications and increase social mobility by allowing potential employers to verify all grades without third-party agencies.”
This report went on to say:
“Ethiopia’s government is also issuing all teachers and pupils with tablets and a dedicated internet network giving all students instant access to their academic records, opening up higher education and employment for the 80 per cent of students who live in rural regions.
“Student IDs will also be paired with data from Learning Management Systems and harnessed by machine learning algorithms to drive personalised teaching, a dynamic curriculum, and data-driven policies and funding.
DISCLAIMER
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.