There are a lot of uses for blockchain nowadays. However, only a few would imagine the technology as one that is helping the coffee industry in Ethiopia. According to the latest project of the blockchain pioneer Charles Hoskinson, the technology will put the birthplace of coffee on the blockchain – just like the entire agriculture sector in general.
We are talking about the decentralized blockchain startup Cardano, which is co-founded by Hoskinson (just like Ethereum). Recently, Hoskinson signed a new memorandum of understanding (MOU) with Ethiopia’s Ministry of Science and Technology for further agriculture development on the public ledger.
In a nutshell, the entire process will include Cardano exploring ways in which the African nation can apply the startup’s blockchain technology in the agri-tech sector. According to the MOU, there are numerous ways in which blockchain could be used to track coffee along the supply chain or in the land registry purposes to cut down on fraud.
This partnership is probably going to have a long-term impact both in terms of education as well as potential improvements in the coffee industry. Meanwhile, Hoskinson has documented the trip to Ethiopia on Twitter, giving a glimpse into the Addis community and the new agreement.
Just signed an MOU with the Ethiopian Ministry of Science and Technology to explore training blockchain developers and use Cardano in the Agritech Industry pic.twitter.com/r06W0RSZye— Charles Hoskinson (@IOHK_Charles) May 3, 2018
Cardano is one of the altcoins that has a clear vision for the developing world, all thanks to blockchain. According to John O-Connor who is the director of African Operations at IOHK, Cardano is paramount to the company’s mission in Africa, saying:
“This year we will offer our first course in Africa, probably in Ethiopia, and expect the first cohort of Ethiopian developers to be contributing to Cardano code by the end of the year.”
Before going to Africa, Hoskinson was in Tel Aviv, where the developers from Cardano’s partner company (IOHK) presented to cryptographers at the EuroCrypto 2018.
IOHK Established Cardano Research Center At Wyoming University
"This is a very applied laboratory, where instead of doing peer theory, we're actually building real-life things and writing real software that will enter production very quickly.’’Hoskinson attended a ceremony that marked the opening of the research lab at UW’s main campus in Laramie back on Friday. The butterfly logo of IOHK will be added to the research lab and can be found at the center for IOHK’s future work with the traceability platform of BeefChain. As part of the collaboration, IOHK provided a $500,000 donation to ADA in order to fund the research and development into the new blockchain applications including new tools for traceability and supply chain management. Wyoming is expected to match the dollar value of the grant which means that UW will get $1 million worth of initial funding for the new blockchain facility according to the university spokesperson. The university will also contribute more funds as per the UW acting president Neal Theobald:
"The University of Wyoming is proud to be at the forefront of blockchain research and education, and we are grateful for this significant financial contribution from IOHK. This support will help us continue to move forward in a very exciting and promising field of innovation and discovery."Wyoming is a very attractive destination for the US-based crypto companies that want to take the crypto-friendly legislation of the state that formally recognized digital assets and provides financial services to companies:
"Our hope is to have a very substantial presence in Wyoming and write a lot of very good software there.’’
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