Ethiopian Gov’t Signs Agreement With Cardano To Introduce Blockchain In Agritech

[felixesteban]

The Ethiopian government has recently signed a memorandum of understanding (MOU) with cryptocurrency startup Cardano (ADA), The Next Web reports May 3. The agreement will see Ethiopian developers apply blockchain technology to the country’s agritech industry.

CEO and founder of Cardano Charles Hoskinson confirmed the move in a tweet. Hoskinson stated that the agreement with the Ethiopian Ministry of Science and Technology includes training local developers to use blockchain technology.

John O’Connor, Director of African Operations at Cordano’s parent company IOHK, said that Ethiopian developers expect to start using an agritech platform based on Cardano’s blockchain by the end of 2018.

While MOUs can be used to show intention for action from certain parties, they do not contain any binding obligations. A start date for the project has not been announced.

https://cointelegraph.com/news/ethiopian-govt-signs-agreement-with-cardano-to-introduce-blockchain-in-agritech