IOHK, a blockchain company that runs the Cardano (ADA) blockchain, is taking its general ledger distribution platform to a number of Asian and African countries. In May 2018, IOHK concluded a MoU (memorandum of understanding) with the Ethiopian Government to take its agricultural activities on the blockchain.
Cardano doing business in Africa and further
It is possible that the supply chain of Ethiopian coffee will use the Cardano blockchain shortly. IOHK will support the Ethiopian Government in hiring and coaching young software developers to master Cardano’s blockchain systems and deploy them into the country’s coffee supply chain.
The first series is scheduled to graduate in September 2018, and we’re talking about 30 fully-trained developers. The leading devs will be contracted by IOHK to develop the agricultural blockchain system solutions and provide support for Cardano’s code base.
We come not with solutions, but with a commitment to find them. Seeing the ideas that emerged from the dialogue between the IOHK and the ministry, we validated our launch in Ethiopia and our belief in a productive and mutually beneficial relationship. This belief is enshrined in the MoU that Charles signed with the Minister of Science and Technology, Dr. Getahun.
John O’Connor, Cardano (ADA) Director of Africa Operations
Cardano (ADA) spreading in Asia
The IOHK plans, as well, to deploy the Cardano blockchain to monitor beef supply chain in Cambodia and Vietnam.
One of the many Cardano development firm, Emurg Hong Kong, is keen to issue digital university certificates through the Cardano (ADA) blockchain. The new technology may reduce counterfeiting and forgery, while at the same time improve the system’s transparency and permit fast information verification on the blockchain.
The adoption of Cardano blockchain creates a single global market that allows anyone to trade on a global scale, which is revolutionary. The blockchain platform can solve many problems and make the world a better place.
Charles Hoskinson, Cardano (ADA) founder and IOHK CEO
Charles Hoskinson also said that using blockchain technologies could reduce smuggling, and he gave the example of China which bans Japanese imports but buys the Japanese Wagyu beef from Cambodia which, in turn, imports it from Japan.