Cardano to Help Ethiopia Grow Coffee Using Blockchain Tech

2018/5/6 17:44:24

Ethereum co-founder Charles Hoskinson signs a memorandum of understanding (MOU) with Ethiopia’s Ministry of Science and Technology to bring blockchain technology to the country’s agri-tech sector.

 


By Gerelyn Terzo for CCN, May 6, 2018

 

Blockchain pioneer Charles Hoskinson’s latest project involves putting the birthplace of coffee on the blockchain. Hoskinson, who co-founded Ethereum and is at the helm at smart-contract fueled decentralized blockchain startup Cardano, has signed a memorandum of understanding (MOU) with Ethiopia’s Ministry of Science and Technology for ag-tech development on the public ledger.

 

The arrangement tasks Cardano with exploring ways that the African nation can apply the startup’s blockchain technology to its agri-tech sector. Traders didn’t celebrate Cardano’s ADA coin, which is ranked No. 6 on Coin Market Cap and which was trading lower by 6% at the time of publication.

 

According to the MOU, the participants will study ways that the blockchain could be used to track coffee along the supply chain or for land registry purposes to cut down on fraud, for instance. The partnership stands to have a long-term impact, as education is at the core of the arrangement. Hoskinson plans not only to share his ideas but also teach developers how to use Cardano’s blockchain technology on their own.

 

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https://www.ccn.com/cardano-to-help-et ... ee-using-blockchain-tech/

 

 

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