Recently it was reported that the Cardano developer IOHK announced a collaboration with the Ethiopian kingdom which focuses on digitizing the country's education system.
Atala PRISM's decentralized identity settlement will be used to record and monitor five million local students in 3,500 schools.
The main objective of this initiative is to reduce false university applications and allow students to check the validity of gred students without relying on third party assistance.
The partnership with Cardano will increase diligence in the appraisal process and increase employment opportunities for out-of-town Ethiopians.
So that today, several educational institutions have implemented fake diploma or diploma blockchain technology even though this effort is not done much.
The transformation of Ethiopia's blockchain-based education is a major milestone in IOHK's mission to provide economic identity, employment and social services. After five years of R&D, Cardano is now well versed in offering solutions through blockchain technology on a broader scale.
Last March, IOHK Chief Executive Officer Charles Hoskinson charged that the new African agreement could bring millions of users to the Cardano blockchain.
Cardano is now trading at $ 1.30 a unit.
