Coindesk Logo

Ethiopian Education Minister Confirms Cardano Blockchain Partnership

Ethiopian Education Minister Confirms Cardano Blockchain Partnership

Ethiopian Education Minister Confirms Cardano Blockchain Partnership

Cardano builder IOHK said it is beginning to develop the code and does not expect to launch the project before 2022.

Cardano builder IOHK said it is beginning to develop the code and does not expect to launch the project before 2022.

Cardano builder IOHK said it is beginning to develop the code and does not expect to launch the project before 2022.

AccessTimeIconApr 30, 2021, 2:20 PM
Updated May 15, 2023, 1:41 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Ethiopia's Minister of Education confirmed the government is working with IOHK, the company behind the Cardano protocol, on a blockchain-based system to track student performance in the African country's schools.

"This initiative is about bringing technology to improve the quality of education," said the minister, Getahun Mekuria, in a video conversation with John O’Connor, IOHK's director of African operations, livestreamed by the company Thursday. "It’s very practical to think of the blockchain technology [as a way] to improve the quality of education."

The much-touted project is still in its early stages. O'Connor told CoinDesk the company is only beginning to develop the code for this project, and does not expect to launch anything before January 2022.

Africa has been fertile ground for crypto experimentation lately. Nigeria is one of the largest peer-to-peer bitcoin markets in the world, according to data from Useful Tulips. Xend Finance in Nigeria is bringing decentralized finance (DeFi) to the world of credit unions. Hip-hop star Akon is looking to build a crypto-centric project in Senegal.

Five million Ethiopian students will receive a Cardano blockchain-based ID that will allow the ministry to track their academic performance, Mekuria said Thursday, and 750,000 teachers will get access to the system. According to the minister, the Ethiopian government struck a deal with a Chinese manufacturer of tablet computers, which will be distributed to the students.

Founded by Charles Hoskinson, who co-founded Ethereum, Cardano uses the proof-of-stake consensus mechanism, to which Ethereum is now moving. Its native token, ADA, has jumped 9% since April 26, the day before IOHK announced the Ethiopia project. On a 24-hour basis, it was down 0.8% to $1.35 at press time.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.