welcome back everybody to altcoin daily my name is aaron if you hold cardano this is a video that you
need to see a recent interview with sky news has just been leaked that really sheds light on what
is currently going on with cardano in africa today and in this video right now i'm going
to share with you everything so first of all as regular altcoin daily subscribers will know
cardano is specifically targeting the continent of africa any company any organization could
move into africa and create a mutually beneficial relationship with the continent by helping their
people while gaining substantial usership and market share themselves anybody can do
it cardano is doing it there are over 1 billion people who live in africa today and many of them
have no access to banks have no access to banking like services have no access to record keeping
in general or even online services in general that we in america and we in the western world
take advantage of every day regular subscribers of altcoin daily will also know that in addition to
targeting the continent of africa cardano has recently specifically revealed a partnership
with the country of ethiopia to help 5 million ethiopian students and hundreds of thousands
of teachers track their performance on the blockchain so before i play you this sky news
video and just to get everybody on the same page let's take a look at the original announcement
so everybody can fully understand cardano's intentions and plan of action in ethiopia
watch this the big announcement that led the show was the interview with the minister of education
from the ethiopian government that confirmed the deal you might have already heard about
around 5 million secondary school students and 700 000 teachers are coming to the cardano blockchain
via the ministry of education app powered by atala prism now bringing five million people into the
system is gonna take some time and the onboarding for students and teachers is gonna look something
like this in the first year the goal is to get all 700 000 teachers at more than 3 500 schools across
ethiopia registered with the system along with a subset of students that will be issued a tablet
with a dedicated network that will allow them to access atala prism in the second year the goal is
to have all secondary school students registered which is when we reached that 5 million mark there
is a lot of excitement about onboarding this many people in a single deal it shows mass adoption
at a government level and it is the biggest blockchain deal ever but what's more important is
that this technology is going to change the lives of millions and eventually billions of people so
this technology cardano's technology will change the lives of millions and hopefully eventually
billions of people and raise them from economic hardship well how specifically will it do this
what are the benefits to ethiopian students what are the benefits for ethiopian teachers let's take
a look at how implementing this technology will affect the people using it and the government's
ability to help people rise from economic hardship once in place teachers and students will both be
keeping track of their performance a student starting in the ninth grade will have four years
of data for their educational record and this will bring about a completely new way of evaluating the
intelligence of a person and their strengths and weaknesses one of the biggest changes this could
bring about are final exams the score you get on your final exam can determine if you can get
into the college or university you want this is highly inefficient when it comes to accurately
determining someone's ability and intelligence and oftentimes questions on exams can be worded oddly
and the student might not understand and get it wrong not because they didn't know the answer
but rather they were confused about the question but if a student has a long-standing
history of excellent mathematics skills and for whatever reason did subpar on the final exam
they could re-evaluate all that information and that student could still get into a university
being able to track each student's skills in things like mathematics chemistry physics english
their ability to read and more will allow the moe to pinpoint where things are succeeding and where
they need to be improved but this isn't limited to just students it also includes teachers the data
could show that one teacher in a small village has an exceptionally high rate of educating students
that excel in chemistry this could lead to finding out what methods that teacher uses to communicate
with students and bringing those approaches to new areas where students are struggling with chemistry
this data-driven approach to improving the quality of education in ethiopia will elevate the entire
country over the next few years the goal is teachers and secondary school students but the
probability that this will encompass the entire school system from kindergarten to universities
is a very high likelihood and this will bring even more people into the cardano ecosystem
okay so we're all on the same page now cardano has massive plans for africa to help millions and
millions of their people get out of economic hardship new information on this comes out
every single day and if you like videos like this make sure you subscribe to our channel because we
keep you updated on stuff like this on a daily basis and we do have some new information today
john o'connor who is iohk's african operations director and blockchain infrastructure specialist
just gave a revealing interview on sky news and they asked him the tough questions which is what
i liked so if you hold cardano i recommend that you watch the remaining clips so first
of all jonathan fewer than one in five people actually have access to the internet in ethiopia
isn't that a problem welcome back now in the last few years digital transformation has been the key
to africa's financial development well now a blockchain infrastructure specialist called
iohk is claiming it can accelerate growth in the continent it's partnering with the ethiopian
government to build internet infrastructure for its students well joining me now is john
o'connor he's african operations director of iohk uh john uh welcome to you i mean as i understand
it fewer than one in five people have access to the internet in ethiopia is isn't that a bit of
a stumbling block for the for the adoption of blockchain technology well first of all
the solution which we are building and developing for the ethiopian government actually runs within
the school context so along with the identity product that we built the ministry of education is
connecting up 3 000 schools to give them access to internet and infrastructure to make the pilot run
so what are you attempting to achieve with this what is the the purpose of what you're doing
so the idea is by giving identity and enabling students as well as schools and the ministry
of education to track educational performance we can actually increase educational outcomes
much like tony blair's short start program started by doing educational changes at a very young age
and tracking the data that went along with that we hope to give the ministry more ability to impact
and make decisions over their resource allocation from a student's perspective they can also learn
what they're good at what they're bad at and improve and finally once we get to the end of
the educational system students will be able to prove to employers with a verified identity
that they've actually achieved what they say they have and this is a massive
challenge in ethiopia there's a big issue of fake credentials and fake degrees and
yeah this gives confidence to employers ultimately driving employment okay so giving
students and teachers alike internet access that's actually part of cardano's solution
nice well what does cardano get out of all of this and what do you get out of it as a business
so we have a simple model um you know this isn't a profit center for us but we charge
a very small software as a service model to the ethiopian government so for all of the analytics
we provide the deployment engineers and the whole suite of management services that go around this
we charge a nominal fee per student but ultimately as we say for us this is uh you
know trying to drive traditional transformation in the country and isn't a core business unit for
us now the ethiopian government in the past has been known to be a little bit
authoritative they have censored they have shut down different parts of their internet before
do you think this is a problem are you comfortable working with the ethiopian government like this um
are you comfortable working with the ethereum government i mean they're they're quite well
known for shutting down the internet to sort of suppress dissent and criticism at any given moment
you know ultimately when you're trying to do digital transformation in emerging economies uh
it's very easy to get drawn into the political side and some of the challenges that happen in
these countries from my perspective this is a very clear project we're helping to drive
improvements in education uh for me this is separate from any other sort of political
considerations you know we're talking about improving the educational outcomes of uh millions
of children across the country and for me it's it's as simple as that finally this is perhaps
the toughest question yet and i'm glad they're asking the cardano representative about this
isn't this all just crypto or tech colonialism tech companies partnering with authoritative
governments to impose surveillance on the entire population without public debate is
that an accurate critique of the situation here or has cardano thought about this okay john i just
want to read you a quote here i read an article the other day about so-called crypto colonialism
and it said global tech companies with the help of autocratic politicians in financial pickles
are imposing systems of crypto surveillance without public debate on entire populations
i mean that doesn't sound a million miles away from the sort of thing that you're doing here
well this is why we design our systems to be privacy first you know as we build these
systems uh input output has absolutely zero visibility to the data you know these systems
inherently have been built to protect against outcomes like the one that you just described
you know students will have the ability to share their data secure securely or choose not to and
ultimately the power is in their hands so you know i would refute that article quite
strongly by design situations like what you described were impossible without technology
all right john i can't appreciate you joining me this morning thank you this
is a very exciting time to be in cryptocurrency my friends anything can happen my question to you is
are you bullish on cardano what do you think of cardano's involvement in ethiopia and
africa in general i think i think if cardano can make things a little bit better for these people
that's a great thing i don't care who's doing it so make sure you subscribe to our channel we keep
you updated on a daily basis this is an ongoing story follow us on twitter to stay up to date
with us on an hourly basis and that's it guys it's going to be a great year see you tomorrow