Another Big Cardano Africa Deal Is Building Up, Will Fully Leverage Alonzo Smart Contracts
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Back in April, Input Output Global (IOG), a software firm behind the development of Cardano (ADA), sealed a partnership with the governments of Ethiopia and Tanzania. As if that’s not enough, another partnership that will bring 1 million users to Cardano from Africa is currently in the works.

A few days ago, John O’Connor, the director of African Operations at IOG, hinted at the cooking deal in a tweet. He said in the tweet that he wrote a letter to a president, which would end up bringing 1 million users to the Cardano network.

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On 9th June, John O’Connor wrote, “Today I wrote a letter to a president, found a million users to bring onto Cardano, and had a damned good cup of coffee. It’s only midday, looking forwards to the afternoon.”

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In a recent interview, John O’Connor discussed the much-awaited Alonzo smart contracts rollout and the significance of the deal to the implementation of smart contracts on the Cardano network.

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According to O’Connor, the deal is related to payments and open finance, stating that it has more to do with microloans and collateralized loans. However, he admitted that the deal is still at an early stage.

John O’Connor noted:

“What I will say though is that with smart contracts finally coming out, very, very, very interested in making sure we’re building the right tooling for applications around remittances and applications around open finance.”

He further pointed out that “A year down the line, you not even realize it, but Cardano could be the back-end financial rails for these huge businesses, and the customer won’t even know…

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“A lot of my deal flow is around trying to make sure we that we understand these setters and these industries by working with top-tier marque partners who we can do a pilot with, learn the ropes, learn what’s missing from the Cardano solution at the moment and bake it in.”

Although he has not mentioned the country involved in this coming deal, it will certainly be another big news that will boost the popularity and reputation of the emerging smart contracts blockchain platform, Cardano.

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Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.