Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
No Result
View All Result

Home » IOHK to Set Up Cardano Blockchain Based Academic Records Storage Platform for Ethiopia

IOHK to Set Up Cardano Blockchain Based Academic Records Storage Platform for Ethiopia

Kelly Cromley by Kelly Cromley
Apr 28, 2021
in Market News, News
Reading Time: 3 mins read
0

Blockchain technology focused IOHK, which created the Cardano (ADA) blockchain, has revealed that it has entered into a new agreement with the Ethiopian Ministry of Education. Under the deal, IOHK will facilitate enable storing of the country’s academic documents on Cardano blockchain.

While announcing the news, the foundation also disclosed that 5 million students will receive a safe blockchain technology based ID and document system, making it the biggest blockchain system deployed in the worldwide education sector.

RelatedPosts

Antix Blends AI and Blockchain to Redefine Digital Identity

Meta Earth Unveils Blockchain-Based Universal Basic Income

Maybank Trustees and CoKeeps to Drive Blockchain in Asset Management

SFT and Atleta Join Forces to Advance Sports Web3

As per the announcement, Atala Prism ID, developed by IOHK, will be employed, starting with the genesis block, to serve more than 3,500 schools, 750,000 teachers and about 5 million students throughout the East African nation. The ID will not only function as an unalterable record, but also facilitate grade validation and improvised tracking of performance in school by the Education Ministry.

Presently, similar to several countries in Africa, Ethiopia has a dearth of adequate capacity to implement regulatory criteria for problems such as mandatory school attendance. Atala PRISM ID suggests addressing these issues in a step by step and cost effective way by offering storage and access to grades, performance records and attendance on a blockchain, which cannot be tampered.

The Education Ministry trusts that offering simple and dependable validation of qualifications will resolve problems such as certificate scams by. This avoids the requirement for employers to sign up costly third party scrutinizing firms.

The improved transparency and in-depth data is also anticipated to assist authorities to pin-point regions of underperformance in an easy manner, making them well paced to provide appropriate solutions.

Based on Atala PRISM, the ID will allow the creation of secure records of educational performance for3.5k schools, 5M students and 750k teachers, giving all pupils verifiable digital qualifications, increasing social mobility and allowing lesson planning and attainment monitoring

— IOHK Media (@IOHKMedia) April 27, 2021


To hear more about our work in Africa and the partnership, tune into our Africa Special on Thursday! For a full press release, please contact [email protected] https://t.co/WaXcUhF1js

— IOHK Media (@IOHKMedia) April 27, 2021


Furthermore, the firm hopes to widen the collaboration to include Ethiopian universities, likely establishing the foremost blockchain-platform based kinder garden-to-post graduate education administration system worldwide. In this context, Ethiopian authorities are empowering students and teachers with a tablet linked to a devout network, providing them total access to their documents.

As portion of its grandiose ‘Digital Ethiopia 2025’ transformation plan, which aims to digitize education, tourism, manufacturing and agriculture, the country is vigorously implementing IOHK’s Cardano-based Atala offerings. An IoT trial program to monitor smallholder agriculture distribution chains and a blockchain technology based healthcare documents storage venture are presently being developed, both utilizing Atala technology.

Talks are going on to embed a blockchain technology powered digital transport ticketing platform with Addis Ababa’s metro transportation platform. The government has also developed a countrywide identity standard for integration with the Atala PRISM ID platform.

As per IOHK’s African Operations Director John O’Connor, the victory of the Ethiopian collaboration could pave way for a new start of blockchain technology powered growth throughout Africa. O’Connor said:

“Ethiopia’s blockchain-based education transformation is a key milestone on IOHK’s mission to provide economic identities and employment, social and financial services for the digitally excluded. After five years of R&D, Cardano is now mature enough to underpin a blockchain solution which can scale to serve an entire national population. This project could light the touch-paper for a wave of third-generation blockchain innovation across Africa and the developing world, bringing vital services to those who have previously been cut off from them.”

Previous Post

Aave v2 Introduces Liquidity Mining Program for Stablecoin Borrowers

Next Post

Binance to Roll Out NFT Marketplace in June

Related Posts

antix blends ai and blockchain to redefine digital identity

Antix Blends AI and Blockchain to Redefine Digital Identity

by Kelly Cromley
May 14, 2025
0

Antix, an emerging platform specializing in AI-driven digital identity, has unveiled its strategic vision to reshape how individuals engage with...

meta earth unveils blockchain-based universal basic income

Meta Earth Unveils Blockchain-Based Universal Basic Income

by Kelly Cromley
May 14, 2025
0

Meta Earth has introduced a pioneering initiative to address growing global inequality and the challenges posed by rapid automation. The...

maybank trustees and cokeeps to drive blockchain in asset management

Maybank Trustees and CoKeeps to Drive Blockchain in Asset Management

by Kelly Cromley
May 14, 2025
0

CoKeeps Sdn Bhd, a blockchain infrastructure firm based in Malaysia, has entered into a strategic agreement with Maybank Trustees Berhad,...

sft and atleta join forces to advance sports web3

SFT and Atleta Join Forces to Advance Sports Web3

by Kelly Cromley
May 14, 2025
0

In a strategic move to advance blockchain integration in the sports sector, SFT Protocol has confirmed a partnership with Atleta...

waterfall network launches cascadify and the lamb

Waterfall Network Launches Cascadify and The Lamb

by Kelly Cromley
May 14, 2025
0

The Waterfall Network, a fast-expanding ecosystem built on BlockDAG technology, has introduced two innovative platforms—Cascadify and The Lamb—designed to streamline...

nansen joins mantra chain to boost blockchain compliance

Nansen Joins MANTRA Chain to Boost Blockchain Compliance

by Kelly Cromley
May 14, 2025
0

Nansen, a prominent blockchain analytics firm, has formally become a validator on the MANTRA Chain, marking a strategic advancement in...

Next Post
Binance to Roll Out NFT Marketplace in June

Binance to Roll Out NFT Marketplace in June

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

antix blends ai and blockchain to redefine digital identity
Market News

Antix Blends AI and Blockchain to Redefine Digital Identity

by Kelly Cromley
May 14, 2025
meta earth unveils blockchain-based universal basic income
Market News

Meta Earth Unveils Blockchain-Based Universal Basic Income

by Kelly Cromley
May 14, 2025
maybank trustees and cokeeps to drive blockchain in asset management
Market News

Maybank Trustees and CoKeeps to Drive Blockchain in Asset Management

by Kelly Cromley
May 14, 2025
sft and atleta join forces to advance sports web3
Market News

SFT and Atleta Join Forces to Advance Sports Web3

by Kelly Cromley
May 14, 2025
waterfall network launches cascadify and the lamb
Market News

Waterfall Network Launches Cascadify and The Lamb

by Kelly Cromley
May 14, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree