Ethiopia is now the recent country that will be set in exploring the use of blockchain technology to track the supply chain for its largest export, coffee.
The East African nation is now in partnership with blockchain research and development company IOHK to develop blockchain applications for coffee shipments and other areas of agriculture.
See Also: IMF: CryptoCurrency is not a risk Neither a threat to financial stability
Charles Hoskinson, CEO of IOHK, has revealed that the company’s efforts go beyond the supply chain project.
“We are also training local blockchain developers, some of which we will hire, while the rest will go on to plough their skills into the economy. The first class will be all female, and the goal is to have graduates of that class move on to create ventures in the cryptocurrency space using Cardano technology, the first venture of its kind in Africa.”
Ethiopia’s Minister of Science and Technology, Getahun Mekuria, said that the research is focusing on using the Cardano blockchain platform as a base for work by Ethiopian developers.