IOHK partners with Ethiopian government to revamp education system
Blockchain technology will be used to enhance the educational experience of five million students and 750,000 teachers across the east African nation. Input Output Hong Kong, or IOHK, is helping the government of Ethiopia leverage blockchain technology to overhaul its education system. The research and development arm behind Cardano is deploying its expertise to provide Ethiopian authorities with a new system for student and teacher identification, digital grade verification and the remote monitoring of school performance. IOHK’s Atala PRISM ID will allow authorities to create a....
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Charles Hoskinson gave new details on a very expected announcement in the Cardano community. The CEO of IOG uploaded a video on his YouTube channel and talked about the partnership with the Ethiopian government. The partners intend to “overhaul” the country’s education system. The Ethiopian Embassy in the United Kingdom and its Ambassador Teferi Melesse […]
Ethiopian-based group Project Mano is lobbying the government to mine, hold and link Bitcoin to the Ethiopian birr or other legal tenders. Twitter CEO and crypto proponent Jack Dorsey has highlighted the efforts of a lobby group pushing the Ethiopian government to embrace Bitcoin (BTC).In a Wednesday tweet, Dorsey shared a Twitter thread from Project Mano, an Ethiopian-based lobbying group that is trying to get the government to consider mining and storing Bitcoin. #bitcoin https://t.co/jQSnJr5bv8— jack (@jack) June 15, 2021 Dorsey appears to have given the project some helpful....
This concept by Sony Global Education has the potential to shape a bright future for education in general. More collaboration is on the horizon as well, as this open yet secure infrastructure can draw a lot of educational institutions to this network. The blockchain can be used to suit various needs, and companies like Sony are exploring how it can benefit some of their own internal projects. By using distributed ledger technology for the open sharing of progress records and academic proficiency, the way we think about education might be coming to a change very soon. Sony Global Education....
The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the move, saying this will allow local manufacturers to grow and become competitive. The restrictions are set to remain in force for an indefinite period. Eliminating Pressure From Foreign Products The Ethiopian government has reportedly instructed banks to reject requests for foreign currency to buy what the Ministry of Finance calls non-priority goods. In a letter to the country’s central bank,....
The Ethiopian birr currency’s parallel exchange rate against the U.S. dollar recently dropped to a low of 92 birrs per dollar, a report has said. The report added that following this latest plunge, the gap between the birr’s official and parallel market exchange rates has widened to a record high. Resumption of Fighting Between Ethiopian Government Forces and Tigray Rebels Identified as the Cause The gap between the Ethiopian currency’s official and parallel market exchange rate against the greenback widened to a new record higher after the latter rate plunged 92....