Monday, May 16, 2022
Home Crypto News Market Cardano Reaching Closer To Launch Blockchain Educational System In Ethiopia

Cardano Reaching Closer To Launch Blockchain Educational System In Ethiopia

- Advertisement -
Follow-Us-On-Google-News

The IOG is edging closer to launching a blockchain-based educational program in Ethiopia. 


The Input Output Global (IOG), the team behind Cardano, said in a recent announcement on YouTube that it is set to launch the blockchain project being built for the Ethiopian Ministry of Education.

As reported, the blockchain-based system will enable the Ethiopian Education Ministry to monitor students’ performance in the country in a bid to improve the nation’s educational sector.

According to the IOG, the system is built on Cardano’s Atala PRISM.

With this initiative, the Ethiopian government will monitor the educational performance of schools in the country, foster interest in education, as well as monitor students’ grades.

IOG Says Launch Will Occur In the Next 2 Months

John O’Connor, the director of African Operations at the IOG, noted in the video that the popular blockchain firm has been working relentlessly with the Ethiopian government.

According to O’Connor, the IOG has been working on integrating the national attainment recording system with the country’s national data protection laws and national identity systems.

Since the initiative is close to a full-scale rollout, O’Connor noted that the IOG has been training students and teachers since last month on how to use the system.

O’Connor expressed confidence that the training will be completed this month in order for the system to be rolled out within the next two months.

He added that once the system is fully live, it will onboard between one and two million people in the first few months, which is within the scope of the agreement the IOG had with the Ethiopian government.

He said:

“We are pleased to say that we are moving to the implementation phase, we are working with local institutions and schools to onboard people onto the system. Teach and train teachers on how to use the platform. So as we finish Training this month, we hope we will be rolling out live to students across the next eight weeks.

By the end of the year, our goal is to have one to two million students boarded using the software. And by the next year, we will expand to the full five million students which were our main scope.”

Plans to Develop Educational Blockchain Systems in Ethiopia 

Recall that news of the IOG building a blockchain-based educational system for the Ethiopian government was first revealed to the general public in April 2021.

The announcement noted that the Cardano team will be onboarding 5 million students as well as 750,000 teachers in the country to use the service.

Confirming the development, Ethiopia’s Minister of Education, Getahun Mekuria, said:

“This initiative is about bringing technology to improve the quality of education. It’s very practical to think of blockchain technology [as a way] to improve the quality of education.”

- Advertisement -

Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Top Hedge Fund Manager Who Warned Investors, Says Terra’s Project Was Destined to Fail Due To High Yield

The hedge fund manager said Terra failed because the system was designed to enrich investors and the team. ...

SHIB Army Burns 449.98 Million Shiba Inu In 24 Hours, 2.17 Billion In A Week

2.17 Billion Shiba Inu (SHIB) Burnt within the Last 7 Days and 449.98 Million During Last 24 Hours. ...

Ethereum Founder Vitalik Buterin “Strongly Agrees” With Terra’s Plan to Compensate Small TerraUSD (UST) Investors Over Rich Ones 

The Ethereum creator believes that a plan to focus more on compensating small investors is a good hybrid formula. ...

Ethereum Founder Sends 500 ETH To Dogecoin Foundation

Ethereum Founder Sends 500 ETH To Dogecoin Foundation. It’s not always that Vitalik Buterin sends funds to support other crypto projects. However, he appears to...

Binance CEO Says Buy Back Or Burn Terra (LUNA) To Create Value, Confirms Exchange Doesn’t Hold UST

Binance CEO Says The Exchange Doesn’t Hold Any UST and Terra team should Burn LUNA to help price recover. ...

Top DeFi Coins Ready to Explode: Chainlink (LINK), Fantom (FTM), and Logarithmic Finance (LOG)

DeFi is rapidly surpassing conventional banking as an innovative application, and the expansion in the future years will be unparalleled. From pioneering borderless payment to...

Can Calyx Token (CLX) Empower the DeFi Space as Tron (TRX) Empowers the DApps Community?

DeFi tokens are taking over the market in the world of digital currencies due to their ability to be swapped or traded for other...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.