Input-Output (IOHK) director of African operations James O'Connor discussed the group's plans for Ethiopia and Cardano (ADA) in an interview with Crypto YouTuber big pey.
Ethiopia's education industry is set to go digital after ADA landed a huge deal with the government in April.
I have planned to show the blockchain technology to approximately seven or eight more nations throughout the continent, says O'Connor, when asked if the continent will experience more adoption in other countries.
"In October, our team will be on the road. In the next few months, Charles and I will be traveling to maybe seven to eight countries with several other people from the IA team.
Our meeting with a group of government officials is intended to explore our identity solution in more detail with senior government officials,” he added.
Digital currencies issued by central banks (CBDCs) interest them. Remittances and microcredit opportunities appeal to some of them. In essence, they're trying to assemble a toolbox of things that a nation-state can do with blockchain.
O'Connor hopes that IOHK would pass the torch to other developers around the globe so they can expand the ADA network and bring financial services to underbanked populations in the coming years.
Input-Output will be handed over to something that will be more scalable for us. In addition to this high-level target, we want to reach 100 million users through Atala prism. The number of nations using our system should be this high. The goal is to have a geopolitical entity built entirely on Cardano. O'Connor said.
We can't do this by ourselves... If we want to scale, then we have to engage with a broader community, and we can't do this alone. Those are the things I would like to see in these countries - a vibrant ecosystem of partners, developers... who can use our technology to make a difference for the billion unbanked, which is our mission.
The ADA coin is the name of the crypto asset associated with Cardano, a type of blockchain that allows people to send and receive funds.
The Cardano blockchain is used, and just like Ethereum, smart contracts can be written using this technology.