Cardano's Africa Initiative with John O'Connor
John O'Connor Provides Insight into Cardano's African Expansion
Input Output Global (IOG) is rapidly deploying it's advanced blockchain technology on the Cardano platform; it's Director of African Operations, John O'Conner, provides insight of the upcoming Atala PRISM Identity Solution deployment in Africa and the enormous potential it brings to the Cardano blockchain. John stated -
"What I can say is that we are at the final stages of a large government contract which would have multi-million users being on-boarded onto the platform for a real world blockchain implementation. This is a sort of 10x improvement in real world terms what currently being done is in this area."
On wrapping up government contracts -
"Obviously this is also a government process as well. So getting the contracts done, getting everything agreed, is a very lengthy process. But that’s not just in Ethiopia."
On the scope of the impending deployment -
"I think that this deployment will actually be the largest blockchain deployment done anywhere, period. I am not including speculative asset trading - but an actual real world deployment in the world."
Market expansion includes Ethiopia, Tanzania, South Africa, Kenya and Nigeria -
"We have quite reasonable plans to on-board 100 million users on this identity platform within the next year or two. This might seem ambitious, but actually the scale of the African continent means that it’s quite realistic."
"So now that we have 100.000 to 200.000 telecom subscribers in Tanzania, now let’s plug in the $12 billion ADA market and allow people to start making loans directly to the people and generate real economic value."
With smart contracts and native assets launching on the Cardano platform, there is an expectation of rapid development, with plans to deploy in 15 additional African countries.
John O'Connor graduated from Oxford University with a degree in Politics, Philosophy and Economics, he lives between Addis Ababa and London. Follow John on Twitter
Watch the complete interview presented by Proof of Africa -
The Cardano Team
The Cardano Foundation, an independent-entity based in Switzerland, supervises the development of Cardano and its ecosystem; they are committed to protecting and promoting Cardano, and to advocating on behalf of the users and community of the protocol.
Input|Output is the engineering firm developing the Cardano platform, which has more advanced features of any protocol to date, and is the first to evolve out of a scientific philosophy. The large team of expert engineers and researchers, drawn from around the globe, began by deconstructing the concept of a cryptocurrency and incorporating a ground-breaking Proof of Stake Algorithm, Ouroboros. The IOHK team employed a first principles approach driven by peer-reviewed, academic research to build Cardano from the ground up.
Emurgo is a global blockchain technology company providing solutions for developers, startups, enterprises and governments integrating onto the Cardano blockchain. EMURGO develops enterprise-grade applications, builds developer tools, invests in startups, and provides blockchain education; the company has offices and manages projects in Singapore, Japan, the USA, India, and Indonesia.