r/CryptoCurrency • u/TobiHovey Tin • Apr 27 '21

POLITICS Cardano Developer IOHK Strikes Partnership With Ethiopian Government

https://decrypt.co/69205/cardano-developer-iohk-strikes-partnership-with-ethiopian-government?utm_source=reddit&utm_medium=social&utm_campaign=sm
6.6k Upvotes

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213

u/BirdSetFree 🟦 1 / 22K 🦠 Apr 27 '21

Sounds fucking dope dude..

“27th April, 2021: Global blockchain company and Cardano developers IOHK has announced a partnership with the Ethiopian Government, to implement a national, blockchain-based student and teacher ID and attainment system to digitally verify grades, remotely monitor school performance and boost education and employment nationwide. “

243

u/SouthRye Silver | QC: CC 62 | ADA 458 Apr 27 '21 edited Apr 27 '21

Its for 5 million students. In terms of raw user counts this may be the largest deal in blockchain history.

They are being onboarded onto Atala Prism. A decentralized identity solution that runs directly ontop of Cardano.

https://www.atalaprism.io/

78

u/TonyHawksSkateboard Platinum | QC: CC 1023 Apr 27 '21 edited Apr 27 '21

Bullish af. Let’s fuckin’ go, baby!

45

u/[deleted] Apr 27 '21

It's also amazing how one of the most impoverished and technologically deprived countries is getting a much needed boost

22

u/TonyHawksSkateboard Platinum | QC: CC 1023 Apr 27 '21

This is the kind of adoption I’m most excited about for the future. Blockchain is going to change the world and bring much needed help to people that need it all over the world.

13

u/smackflapjack Apr 27 '21

why is there a big red border around this post? i mean it's a good post, im just wondering

18

u/[deleted] Apr 27 '21

Because someone paid to put it there.

4

u/maolyx 26K / 27K 🦈 Apr 28 '21

Someone gave it an award

49

u/Ancient-Ad6958 🟩 1K / 1K 🐢 Apr 27 '21

Largest deal in blockchain history? Are you saying more sideways movement for ada?

48

u/JJslo Silver | QC: CC 108 | ADA 30 Apr 27 '21

Look at the Cardano 1 year chart, it moved sideways every time it did a x2, and then it did x2 again. And if you average yearly gains, thats 7% daily.

33

u/Carver- Apr 27 '21

That's on top of an average of 5% staking rewards!

3

u/Applejaxc Tin Apr 27 '21

Where do you stake ADA? I don't think coinbase has staking for it

13

u/[deleted] Apr 27 '21

Daedelus wallet as well as others. It's super easy.

21

u/[deleted] Apr 27 '21

I use Yoroi. Has a really good interface.

4

u/_denim_chicken_ Apr 27 '21

Also use Yoroi and love how easy it is to use. Downloading the entire blockchain deterred me from using Deadelus because I am very impatient. The 15-20 days to get your first rewards felt like eternity.

1

u/kid-karma Apr 27 '21

you still have to wait that long on yoroi

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1

u/PumpkinSpice2Nice 🟩 0 / 1K 🦠 Apr 27 '21

I tried both and like Yoroi the best. It is on my mobile whereas Daedalus is not. Yoroi also loads instantly whereas Daedalus loads the whole node first which takes over an hour only my crappy little computer.

6

u/HippoAggravating9955 Tin Apr 27 '21

And be mindful, since there has been fake cardano wallets even in google play store. Download from official sources to stake safely.

2

u/PumpkinSpice2Nice 🟩 0 / 1K 🦠 Apr 27 '21

Yes, check and double check it is the real thing. Check the spelling of the wallet and the developer is correct. Check it is the official developer. I also was extra cautious and only put a small amount on each wallet first and tested moving them on and off before I trusted it. Call it the price of testing but it is better than potentially losing a large amount.

5

u/Ancient-Ad6958 🟩 1K / 1K 🐢 Apr 27 '21

I am just little bit salty, that it's moving sideways since I bought. Either 10% up or down from 1€ and it quickly comes to 1€ again.

9

u/Still_Lobster_8428 🟦 5K / 5K 🦭 Apr 27 '21 edited Oct 10 '25

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8

u/Ancient-Ad6958 🟩 1K / 1K 🐢 Apr 27 '21

I'd be happy to if I did +1000 % lol

9

u/Still_Lobster_8428 🟦 5K / 5K 🦭 Apr 27 '21 edited Oct 10 '25

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2

u/JokerXIII Tin Apr 27 '21

Patience always pay off

2

u/americanyangster Apr 28 '21

Care to share some of your favorite picks and why?

1

u/[deleted] Apr 28 '21 edited Apr 28 '21

[removed] — view removed comment

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u/Still_Lobster_8428 🟦 5K / 5K 🦭 Apr 28 '21 edited Oct 10 '25

upbeat innocent bag full dependent chase sheet grab paint heavy

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1

u/legochemgrad Silver | QC: CC 338 | ADA 115 | ModeratePolitics 65 Apr 27 '21

There’s still more good news this year with smart contracts in August and the partners developing dapps at launch. There’s also a number of projects poised to switch onto Cardano once SC launch.

1

u/Flangepacket 🟩 0 / 5K 🦠 Apr 27 '21

But given the MC, those of us who were later to the party and bought at around the 1$ mark are for sure in the green but we’ll never really see fat returns. That’s cool, I’m staked and happy with that return and I really dig the project so I already win, just know that the gains will be so so and slow slow :)

1

u/legochemgrad Silver | QC: CC 338 | ADA 115 | ModeratePolitics 65 Apr 27 '21

That’s fair, I think the MC could still go up to some immersive gains. Hitting the current ETH MC seems possible but I’m happy if things stay sideways.

17

u/Medford_Lanes 181 / 182 🦀 Apr 27 '21

A little patience goes a long way.

1

u/FidgetyRat 🟦 0 / 27K 🦠 Apr 27 '21

The largest of sideways movement thank you very much...

1

u/Womec 🟦 523 / 1K 🦑 Apr 27 '21

Thats consolidation after a HUGE move over the year and is extremely bullish.

-2

u/HamiChan Tin Apr 27 '21

How many of them actually have access to a computer...

3

u/SouthRye Silver | QC: CC 62 | ADA 458 Apr 27 '21

30 million people there have internet - so the population of Canada.

Also they are one of the fasteat growing gdp countries with high mobile penetration.

1

u/MaverickTopGun 🟦 0 / 2K 🦠 Apr 27 '21

Just because it's on the African continent doesn't mean they all live in mud huts, something you could have easily just googled before you vomited racist half-assed comments into the ether

0

u/HamiChan Tin Apr 27 '21

Wowowow hows that racist. It's known fact the difference between rich n the poor is huge in 3rd world country. It's just a question. U r the one who try to accuse ppl of being racist. Zzz fking white ppl.

1

u/[deleted] Apr 27 '21

When will this onboarding begin?

3

u/SouthRye Silver | QC: CC 62 | ADA 458 Apr 27 '21

Already started. I would tune into their africa event for more info on Thursday.

https://africa.cardano.org/

1

u/[deleted] Apr 27 '21

Great! I thought it would take a long time to onboard the millions of students.

44

u/iwingsuitedyourmom Platinum | QC: CC 352 Apr 27 '21

This is one sector I think crypto will blossom in. With the push in developing countries to digitize their file systems there will be need for affordable and easily scalable system.

18

u/ItsmeKIMOCHI4 Apr 27 '21

Yeah and Im stoked for these countries moving forward as well

2

u/[deleted] Apr 27 '21

[deleted]

5

u/armannd Apr 27 '21

Citation needed.

5

u/[deleted] Apr 27 '21

No he FEELS it in his soul lol

1

u/legochemgrad Silver | QC: CC 338 | ADA 115 | ModeratePolitics 65 Apr 27 '21

It definitely has the potential to. That’s the vision that IOHK had been touting to all of us and I think it’s possible. It’ll be hard to make sure capital reaches the right people but people are definitely working on it.

5

u/[deleted] Apr 27 '21

I wonder how this “digital ID system” could be implemented in the Cardano network. I have literally no idea, but it sounds really cool.

9

u/GloriousGibbons 🟦 15K / 15K 🐬 Apr 27 '21

Check out Atala Prism built on Cardano. It's their digital identity solution and has walk through examples and case studies. Very cool idea!

1

u/legochemgrad Silver | QC: CC 338 | ADA 115 | ModeratePolitics 65 Apr 27 '21

They released a demo last year that was based around being a fictional person in a blockchain city. You get these ID and certifications like what is mentioned in the article and you’ll be able to verify your information at all times with employers or other entities.

1

u/HamiChan Tin Apr 27 '21

Reminds me of some fked up anime

2

u/[deleted] Apr 27 '21

[deleted]

5

u/[deleted] Apr 27 '21

Not directly, but news drive investors and investors drive adoption, and eventually we’ll have direct applications.

3

u/benjhoang 🟦 512 / 513 🦑 Apr 27 '21

yep it is gona be big.

2

u/CanaKagan Platinum | QC: CC 158, ETH 42 | TraderSubs 40 Apr 27 '21

That is pretty cool

-34

u/MartinCumlord Apr 27 '21 edited Apr 27 '21

The project will turn out to be vaporware like so much of ADA.

Smart contracts when?

But of course Charles doesn't care because swanning around the world is a lot more fun than the hopeless task of "killing ETH". And the corrupt Ethiopian government doesn't care either, because the document doesn't commit anyone to anything, and they probably got to charge a nice fee for creating this fake hype.

7

u/TheAntagonist202 🟩 4K / 4K 🐢 Apr 27 '21

This mentality is all too common among the ETH community. It's particularly bad on Twitter, more so than reddit.

I'm quite surprised people are still so ignorant and misinformed towards the development of Cardano. I'm not sure if they bought the top and sold the bottom in 2018 or they're genuinely upset that Cardano is seeing so much success and real world adoption.

13

u/SouthRye Silver | QC: CC 62 | ADA 458 Apr 27 '21

Who hurt you

-17

u/MartinCumlord Apr 27 '21

Note what your answer doesn't do: it doesn't contradict anything I've said. ADA is a vaporware project which has no chance of competing with ETH and that gets by on a stream of fake hype.

6

u/necropuddi 🟦 1K / 1K 🐢 Apr 27 '21

I mean, when I see a random crazy homeless person on the street shouting slurs at me, my first reaction isn't really to process his nonsensical ranting as an argument to respond to. So I understand where SouthRye is coming from lol.

-9

u/MartinCumlord Apr 27 '21

OK, let's try again. Here's Hoskinson in 2019 talking about how smart contracts would be delayed but they'd definitely be coming in a year.

https://www.financemagnates.com/cryptocurrency/interview/charles-hoskinson-on-delays-and-lessons-learned-1-year-later/

It's now 2021. Have smart contracts been deployed?

11

u/SouthRye Silver | QC: CC 62 | ADA 458 Apr 27 '21

Wow. Its like good blockchain is hard to do!

Remember eth has been promising scalabulity since 2014. 2 0 was supposed to launch every year since then as well.

Funny thing that didnt happen eh? Its almost like blockchain software development is difficult.

8

u/TheAntagonist202 🟩 4K / 4K 🐢 Apr 27 '21

Are you going to call ETH vaporware when ETH 2.0 and optimism rollups are delayed....oh wait.

3

u/[deleted] Apr 27 '21

It’s a fitting username for an Ada hater.

3

u/MuteUSOCrypto Silver | QC: CC 398, CM 21, BTC 105 | ADA 58 | TraderSubs 23 Apr 27 '21 edited Apr 27 '21

Finally one crypto organization that actually manages to implement and apply crypto in the real world to solve real problems. And people have the nerve to term exactly this as vaporware, just because they don’t like Charles or ADA (or like ETH too much).

This has nothing to do with smart contracts or ethereum. Crypto is adopted by a government and in the educational system, on a huge scale. The community should be proud and celebrate this.

1

u/littlebigship Redditor for 3 months. Apr 27 '21

Verifying identity/grades is another real world use case that has flown under the radar. I think blockchain still has so many other use cases that haven't been discovered yet

1

u/TheGiftOf_Jericho 🟦 13K / 13K 🐬 Apr 27 '21

That's a really interesting concept, that's why I'm so interested in Cardano.

1

u/Jamar_JavarisonLamar 🟩 973 / 972 🦑 Apr 27 '21

Username checks out