Cardano founder and IOHK CEO Charles Hoskinson is interested in bringing Cardano (ADA) to El Salvador.
On the heels of El Salvador’s move to embrace Bitcoin as legal tender, Hoskinson is making an effort to bring the smart contract platform to the nation as well.
Hoskinson says he’s applied for a state visit to El Salvador to discuss the possibility of forming ties between Cardano and the Central American nation.
“Yes, we have been in talks with some officials and parties in El Salvador and I may do a state visit. I sent over all the documentation and requests for that and if so we’ll meet the president but it’s basically going to be in their hands.
We’ve talked to a few people that are in that orbit and they have definitely expressed interest in digitizing the country going beyond just legalizing Bitcoin. So we’ll get a better sense probably in the next 2-4 weeks where that sits and if it’s a proper state visit I’ll actually have a suit made.”
Hoskinson’s plans fall in line with Cardano’s efforts to globalize its activities. IOHK announced a partnership with the Ethiopian government this past April to digitize the identification process in 3,500 schools across the country.
In the future, the blockchain-based national identity system for teachers and students could benefit tertiary educational institutions too.
“The project could ultimately be extended to universities where degrees are also digitally verified on the Cardano blockchain, allowing employers to easily validate the authenticity of applicants’ educational credentials.”
l
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Design Projects