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Cardano enters Ethiopia with enterprise blockchain framework Atala

Charles Hoskinson, CEO of IOHK and founder of Cardano, announced the launch of Atala, an enterprise blockchain aimed at helping governments in developing countries build systems for voting, property registration, and supply chain, as reported by Forbes contributor Rachel Wolfson.

Cardano enters Ethiopia with enterprise blockchain framework Atala
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Charles Hoskinson, CEO of IOHK and founder of Cardano, announced the launch of Atala, an enterprise blockchain aimed at helping governments in developing countries build systems for voting, property registration, and supply chain, as reported by Forbes contributor Rachel Wolfson.

On Apr. 30th, Charles Hoskinson announced the launch of Atala, IOHKโ€™s enterprise blockchain solution similar to IBMโ€™s open-source Hyperledger Fabric.

Atala will serve as a framework for governments looking to build digital systems for public goods such as registrations and deeds, localized currencies, and supply chain tracking. The framework is comprised of a collection of libraries that โ€œwould allow governments to rapidly build a product for end users,โ€ said Hoskinson to Forbes.

The system will focus on governments in developing countries, especially in Africa. Atala will first be used in collaboration with the Ethiopian government for building a payment system in the countryโ€™s capital, Addis Ababa.

The framework will be introduced to other African countries if the deployment is a success, potentially enabling these countries to leapfrog legacy infrastructure and digitize directly, like what was seen in Estonia.

Unlike Hyperledger Fabric, Atala will also focus on cryptocurrency adoption. The lack of payment infrastructure in Africa provides even more reason to use the nascent technology. The new framework may open Cardanoโ€™s Ada to Ethiopiaโ€™s market of over 105 million people.

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