Blockchain comes of age in Africa
Watch the Africa Special show about the biggest blockchain deal ever.
Key highlights below.
Input Output, the technology company that created Cardano and Atala PRISM, has been working on the African continent since 2017. Charles Hoskinson, CEO, reflects on the road so far and his vision for economic identity and empowerment, to sustainability and financial inclusion across the African continent.
In partnership with Ethiopia's Ministry of Education, Input Output will create a blockchain-based digital identity for 5 million students and teachers. This is the biggest blockchain deployment anywhere in the world. Using Cardano with Atala PRISM, this technology will create a national attainment recording system; to verify grades, monitor school performance, and boost nationwide education.
Atala PRISM is a decentralized identity solution that enables millions of people to own their personal data. Allowing individuals to interact with organizations seamlessly, privately, and securely. It is the key to powering the ‘trust economy’ globally and was developed by Input Output for Cardano.
Atala PRISM's lead technical architect walks us through the key features and documentation that is soon to be released. Importantly, we demonstrate the creation and verification of decentralized identifiers (DIDs) using the Cardano testnet. Plus transactions confirmation using the Cardano explorer.
See Atala PRISM:
Input Output believes Africa has the potential to become a world leader in AI and advanced robotics. In partnership with iCog Labs and SingularityNET, we're looking at leveraging advanced technologies such as AI, blockchain, and machine learning to support African scientists and technologists.
One of Africa's leading technology incubators is iceaddis. Together with Input Output, they're supporting local entrepreneurs. To build out a community-led approach to train and onboard developers to Cardano. Initially across five countries but, ultimately, 25 across the continent.
Input Output's partnership with World Mobile will lay the infrastructure foundations for a totally connected Africa. Using Cardano blockchain technology to help empower remote and hard-to-reach areas across the continent. So everyone gets an equal chance to access services and opportunities, no matter where they live.
The Cardano Foundation is working with Save the Children to create a blockchain-based donation framework, along with COTI. The Foundation is also developing initiatives with stake pool operators (SPOs) to support mission-driven blockchain initiatives. To help bring the advantages of blockchain technology to all levels of society.
EMURGO is one of the founding companies behind the Cardano project. Like Input Output, it realised very early that Africa with its youthful, entrepreneurial population, was ready to take advantage of all the opportunities that blockchain's new decentralized technologies offer. Find out more about this emerging economic powerhouse.
Cardano has a passionate community across the continent, including a growing network of stake pool operators. Local collaborations and strong grassroots support are key to adopting blockchain technology in Africa. Input Output has launched Project Catalyst, a $400m innovation programme to fund technology start-ups.
Input Output's CEO Charles Hoskinson, CPO Dynal Patel, CCO Gerasimos Fragiskatos, and Director of African Operations John O'Connor, share their thoughts and vision for the democratization of African society. Topics cover the impact blockchain can make and laying the groundwork for a four-year plan to transform the continent. The forum was hosted by David Pilling, Financial Times Africa editor.