Cardano X Africa: Why This is the Big Partnership ADA Wanted

Cardano (Ada) Crypto has built his reputation of academic blockchain but stands out for his attention to Africa, a continent of 1.2 billion people. With a market of that dimensions, Ada’s ambitions could remodel the cryptographic adoption on an immense scale.

The question is now: what is Cardano’s next move in Africa?

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Why is Cardono involved in Africa?

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A higher cryptocurrency by market capitalization, operates on a station test model designed for decentralization and sustainability.

Launched in 2017 by the co-founder of Ethereum Charles Hoskinson, it is the first blockchain project subject to an equal review, combining the academic rigor with innovative technology.

Ada Crypto has actively launched several projects to help Africans adapt to intelligent contracts, digital identity and decentralized financial transactions. This has allowed Cardano to help to bring financial innovation to many africano previously not banking people who did not have access to modern banking tools.

Here are some countries where Cardano is actively involved today:

Ada Crypto provides safe digital education record in Ethiopia

Cardano is working with different African nations, including Ethiopia, to create projects to help strengthen the digital infrastructure.

For example, the Hong Kong Input-Output Foundation, the company responsible for the development of Cardano, is creating tamper-proof education record For five million students in the Ethiopia educational system. Unfortunately the war broke out and delayed the project, but it is still in progress.

In fact, Cardano wants to get to the point of providing a means for a national identification framework for Ethiopia.

“It is our intention to compete among others for the entire national ID system, which is about 110 million people,” said Charles Hoskinson in an interview from 2021.

Bitcoin X Cardano Development in South Africa

Edan Yago, founder of Bitcoinos and Sovryn, sees Bitcoin evolving beyond his roots in South Africa. His Bitcoinos project, a rollup stack, is designed to manage more transactions and allow complex functionality as intelligent contracts without straining the Bitcoin Blockchain.

The Yago team is now collaborating with a company called EMURGO to integrate Bitcoin liquidity in Cardano’s ecosystem using bridge protocols and zero knowledge without trust.

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Why is Cardano’s African involvement so important?

Why does Cardano block the blockchain in Africa? Simple. A huge and unsuccessful market feeds its growth.

With over 700,000 active users on its Sumddit competing dwarfs such as Polkadot and Solana, Cardano prosperous to adoption. The Targeting of Africa guarantees that this momentum does not stop.

Secondly, all this builds good will in Africa. Many Africans are difficulties of strangers who come to the continent to do business. A thousand years of history of colonialism will do so in a continent, which is certain.

By focusing on highly value projects, Cardano is creating a reputation in Africa that could position ADA as a cryptocurrency of reference for the years to come.

The founder Charles Hoskinson believes that Defi’s future begins here, in a region not burdened by the same systems rooted faced by the United States and China. In case of success, Ada could cement as a financial backbone for an increasing generation.

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  • Cardano (Ada) has built his reputation of academic encryption blockchains but stands out for his attention to Africa, a continent of 1.2 billion people.

  • By focusing on highly value projects, Cardano is creating a reputation in Africa that could position the cryptocurrency as a cryptocurrency.

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