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Cardano announces its second major partnership in Africa

Posted on November 14, 2022 by admin

Cardano announces its second major partnership in Africa

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Answer Cardano announces its second major partnership in Africa

The IOHK Foundation and World Mobile have collaborated on an initiative that will use the Cardano blockchain to create digital identities and mobile internet connectivity with the aim of making many financial services available to the Tanzanian community.

Tanzania decides to take advantage of Cardano:

The continent of Africa, which is made up of 1.3 billion people, has a huge problem with internet connectivity.

According to unrevealed statistics, more than half of the population (about 700 million people), do not have access to the Internet.

Tanzania is no exception.

The East African country struggles with the quality of its education, healthcare system and mobile phone connectivity because it lacks the ingredients for global connectivity.

Read:Ethereum (ETH) price drops to its lowest level since March 2021

revealed The IOHK Foundation and the World Mobile Group announced yesterday a partnership aimed at creating better access to social, digital and financial services in Tanzania through the Cardano blockchain.

The report stated that the project resulting from the partnership will start from the island of Zanzibar.

Their main goal will be to provide a high quality internet connection while using sustainable energy sources powered by solar energy.

Mr. Mickey Watkins, CEO of World Mobile, emphasized the importance of the project together with IOHK:

World Mobile has built a network based on a new relationship between people and connectivity in which ownership, governance and identity empower the user and provide access to all in a sustainable way.

I am pleased to form this symbolic partnership with IOHK.

Together our efforts will open a new world.

Cardano’s conquest of Africa:

This news came a few days after Cardano announced its partnership with another African country. On April 27, Cardano collaborated with Ethiopia’s Ministry of Education.

With its partnership with the Ethiopian Foundation, Cardano aims to create a blockchain-based national identifier for certificate registration in the country.

Read:A girl was arrested for stealing millions of dollars with digital currencies

Currently, Cardano is the sixth largest cryptocurrency project by total market capitalization.

Read also:

Learn about the first stable digital currency that is preparing to work on the Cardano blockchain

Cardano reveals more details about the update of the smart contracts “Plutus”


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