Thursday, June 17, 2021

Charles Hoskinson Excited As Reuters Featured the Record-Breaking Cardano-Ethiopia Partnership

The official announcement of the partnership between Cardano’s IOG and Ethiopia’s Ministry of Education has been over a week, but the record-breaking partnership is still being discussed by mainstream media.

A couple of hours ago, Charles Hoskinson, the CEO of IOG, who created Cardano (ADA), shared video news published by Reuters, which featured the groundbreaking partnership between IOG and Ethiopia’s Ministry of Education, to create a blockchain-based national ID and attainment recording system.

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The text that precedes the video news says, “The Ethiopian government is piloting blockchain in the education sector – saying the technology has a number of uses from locating exceptional students to verifying grades.”

A Reuter’s correspondent, Okwi Okoh reported the Cardano-Ethiopia partnership as follows:

“Blockchain is perhaps best known as the way in which cryptocurrency, such as Bitcoin and Ether are underpinned, but in Ethiopia, it’s been deployed in schools. The government of Ethiopia has partnered with a blockchain firm, IOG, to digitize the sector. Its role includes record-keeping, resource allocation, and the issuance of teacher and student IDs.”

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According to the report, Education Minister, Getdown McCain, said “the technology was being piloted in all secondary schools and covering around five million students.

“As Minister of Education, I would be able to locate exactly where, for example, very good students are in mathematics or in physics and chemistry.”

Describing blockchain, the Reuter correspondent said, “A blockchain is a database held across a network of computers. Once a record has been added, it is very difficult to change. To ensure all copies of the database are the same, the network makes constant checks that can be used for each key.”

The report also quoted IOG African operations director John Connor as saying “when, for example, verifying someone’s qualifications, this form of identity would enable you to share a single link to an employer, he could click on it and then follow through blockchain verified to be able to follow through on the blockchain. The verifications that you’ve actually achieved what you said you have.”

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In conclusion, Okwi Okoh stated that “IOG said the blockchain will allow Ethiopia’s government to monitor records, class attendance schedules and grades for all levels of schooling.

“The authorities have other plans, including providing all students and teachers with a tablet and a dedicated internet network. That’s as it pursues the goal of becoming a middle-income country.”

Reacting to the report, Charles Hoskinson tweeted, “Great to be on Reuters.”


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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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