Cardano to Help Ethiopia Grow Coffee Using Blockchain Tech

in #cryptocurrency6 years ago

Blockchain pioneer Charles Hoskinson’s latest project involves putting the birthplace of coffee on the blockchain. Hoskinson, who co-founded Ethereum and is at the helm at smart-contract fueled decentralized blockchain startup Cardano, has signed a memorandum of understanding (MOU) with Ethiopia’s Ministry of Science and Technology for ag-tech development on the public ledger.
The arrangement tasks Cardano with exploring ways that the African nation can apply the startup’s blockchain technology to its agri-tech sector. Traders didn’t celebrate Cardano’s ADA coin, which is ranked No. 6 on Coin Market Cap and which was trading lower by 6% at the time of publication.

Full article: https://www.ccn.com/cardano-to-help-ethiopia-grow-coffee-using-blockchain-tech/

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Cardano is one of my favourite crypto projects, I like the tech and the team.

Blockchain is going to increase transparency and cut down on fraud in coffee business.
Good initiative.

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