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

Cardano (ADA) crypto built its reputation as the academic blockchain but stands out for its focus on Africa, a continent of 1.2 billion people. With a market that size, ADA’s ambitions could reshape crypto adoption on an immense scale.

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

Why is Cardono Involved With Africa? 

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, a top-ten cryptocurrency by market cap, operates on a proof-of-stake model designed for decentralization and sustainability.

Launched in 2017 by Ethereum co-founder Charles Hoskinson, it’s the first peer-reviewed blockchain project, merging academic rigor with innovative tech.

ADA crypto has actively launched several projects to help Africans adapt to smart contracts, digital identity, and decentralized financial transactions. This has allowed Cardano to help bring financial innovation to many previously unbanked Africans who had no access to modern banking tools. 

Here are some countries in which Cardano is actively involved today:

ADA Crypto Providing Secure Digital Education Records in Ethiopia 

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

For instance, the Input-Output Hong Kong Foundation—the company responsible for developing Cardano—is creating tamper-proof education records for five million students in Ethiopia’s education system. Unfortunately war broke out and delayed the project, but it’s still ongoing.

In fact, Cardano wants to go so far as to provide a means of a national identification framework for Ethiopia. 

“It’s our intention to compete amongst others for the whole national ID system, which is about 110 million people,” said Charles Hoskinson in a 2021 interview.

Bitcoin X Cardano Development in South Africa

Edan Yago, founder of BitcoinOS and Sovryn, sees Bitcoin evolving beyond its roots in South Africa. His BitcoinOS project, a rollup stack, is designed to handle more transactions and enable complex features like smart contracts without straining the Bitcoin blockchain.

Yago’s team is now collaborating with a company called Emurgo to integrate Bitcoin liquidity into Cardano’s ecosystem using trustless bridging and zero-knowledge protocols.

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Why is Cardano’s African involvement So Important? 

Why does Cardano blockchain zero in on Africa? Simple. A massive, untapped market fuels its growth.

With over 700,000 active users on its subreddit dwarfing competitors like Polkadot and Solana, Cardano thrives on adoption. Targeting Africa ensures that momentum doesn’t stall.

Secondly, all of this builds goodwill in Africa. Many Africans are leery of outsiders who come to the continent to do business. A thousand-year history of colonialism will do that to a continent -that’s for sure.

By focusing on high-value projects, Cardano is crafting a reputation in Africa that could position ADA as the go-to cryptocurrency for years to come.

Founder Charles Hoskinson believes DeFi’s future starts here, in a region unencumbered by the same entrenched systems faced by the U.S. and China. If successful, ADA could cement itself as the financial backbone for a rising generation.

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The post Cardano X Africa: Why This is the Big Partnership ADA Wanted appeared first on 99Bitcoins.

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