Cardano & Ethiopian Government Agreement

Charles Hoskinson a co-founder of Etherum and CEO of Cardano, the self-dubbed third generation cryptocurrency, the first being Bitcoin and the second being Etherum. Charles Hoskinson and Cardano have signed a memorandum of understanding with Ethiopia’s Ministry of Science and Technology for ag-tech development on the public ledger.

Charles Hoskinson on twitter made the announcement

Just signed an MOU with the Ethiopian Ministry of Science and Technology to explore training blockchain developers and use Cardano in the Agritech Industry

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The agreement between Cardano and Ethiopia tasks Cardano with finding ways a blockchain can be utilized in Ethiopia's agriculture. From tracking crops to keeping land records, reducing fraud, Cardano is Ethiopia's selection to handle their goal. Charles Hoskinson and Cardano, are not only looking for ways to utilize Cardano in Ethiopian agriculture. But also aim to educate local developers how to use Cardano's blockchain independently.

My Opinion & the Future

This is definitely big news for Cardano and cryptocurrency in general, signing agreements with national governments only solidifies cryptocurrency legitimacy. I envision using a blockchain for things such as voting, which would eliminate fund. Furthermore making it significantly easier to keep track of votes and count votes. But for now, that is a long way away, Cardano is one of the first to have an agreement with a national government. Hopefully, similar cryptocurrencies will follow in their footsteps.