Cardano, the creator of the ADA token, is one of the leading blockchain protocols today keen on working with public institutions, particularly those in the Global South and across Africa.
On the Cardano website, the company outlines its vision “for economic identity and empowerment, to sustainability and financial inclusion across the African continent.”
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In April 2021, Ethiopia’s Ministry of Education confirmed that the government was working with Cardano to develop a digital identity service for the education sector.
Utilizing Atala Prism, a Cardano product for digital identity, the project intends to provide 5 million secondary students with digital identity, a project that the ministry feels can be effective towards providing a wholistic assessment of each student across time.
However, the bar does not stop there for Cardano’s vision for Africa.
To fulfill its vision, besides the ADA token, Cardano products include:
- Atala Prism – A digital identity product on the Cardano blockchain that is described as a “digital wallet for identity documents.”
- Atala Scan – An anti-counterfeiting product that is a ” tamper-proof system to establish product provenance and auditability to ensure every product sold is certified original.”
- Atala Trace – A supply chain product that empowers brand owners to improve visibility and control of their supply chain, drive greater sustainability, and directly engage and foster trust with their partners and customers
The Atala Scan product is a potential identity service that can be applied by governments and other institutions as part of a framework that “gives users control of their identity” and that can be expanded / integrated for finance, and other services.
Headquartered in Ethiopia, Cardano Africa is also working to use Atala Prism to create fintech solutions in Ethiopia.
The Atala Scan anti-counterfeiting product is a ” tamper-proof system to establish product provenance and auditability to ensure every product sold is certified original.”
Cardano proposes for its use in online commerce, to help stem the growth in counterfeited goods and medicine.
Another Cardano product is Atala Trace, which can be used by “farmers, hauliers, and retailers for product certification and traceability, from farm to table.”
Cardano, and its parent company Input Output (IOHK), sees Africa as an opportune ground to try to implement other use-cases for the blockchain, other than crypto.
The Ethiopian deal is expected to roll out in early 2022.
The Cardano blockchain also hosts World Mobile, an alternative mobile network service provider running projects in Tanzania. The project recently rolled out its World Mobile Token (WMT) on the Cardano blockchain for the East African market.
In Rwanda, besides building another digital records databases for refugee children, Cardano is also working with Save the Children to develop a donations service on the blockchain.
Clearly, Cardano has big plans for Africa and it is exciting to see how all these will roll out in the coming years and the impact they will have on the continent.
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RECOMMENDED READING: [WATCH] East Africa’s World Mobile Announces the Launch of its Utility-based World Mobile Token ($WMT) on the Cardano Blockchain
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