ADA founder Charles Hoskinson reveals Cardano’s progress in developing blockchain infrastructure in Ethiopia and explains how the company determines who it develops identity solutions for.
Charles Hoskinson, the founder of the Cardano (ADA) protocol and CEO of Input Output Hong Kong (IOHK), has revealed the company’s progress in Ethiopia, where one of the largest blockchain projects in the world continues to expand.
The blockchain research and development company, which is behind the fifth largest cryptocurrency by market value, is working with the Ethiopian Ministry of Education to develop a universal student ID system, which is scheduled to launch in early autumn 2021.
Targeting the entire national ID system
Hoskinson in an interview with Bloomberg:
“We have about a million people on board. We have about a million people on board, from first to twelfth class, and we will make the first launch, I think, sometime in September or October.”
Hoskinson supplements: The goal is to integrate five million students into a universal identification system that covers everything from student attendance and grades to academic achievement and awards.
“It is our intention to compete with others for the entire national identification system, which includes about 110 million people.“
The Cardano founder assures: the company focuses on zero-knowledge cryptography, as it is “the closest thing to magic” in the industry and, as he explains, is a valuable tool for upholding human rights.
Strong belief in the quality of human rights
The ADA Founder:
“We firmly believe in the quality of human rights.“
It makes no sense to develop identity or blockchain solutions for regimes such as China or Saudi Arabia, where there is a high probability that they will end up being abused and used as a weapon against the population.
“You first look at the country level and then work your way up to the facts and circumstances. Things are changing-and in some cases you have to leave, even if you have worked in a country for years,” the Cardano boss told Bloomberg. In addition, the Cardano team recently resigned from a major project-due to difficult circumstances.
“We recently turned down a deal with a Central American country that we really wanted to do, but after we removed the layers and found that the rule of law was deteriorating, it just didn’t feel comfortable with our values anymore.“
“You have to weigh in every business. […] The company’s vision is to improve the world’s systems for everyone, everywhere, and the places that need better systems are not necessarily Berlin or New York City. So you have to go to places that are a little more difficult, and you have to be very careful about this.”
Text credit: Cryptoslate
Last updated on August 13, 2021
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