IOHK Partnered With EBU For More Education Options In Africa

IOHK partnered with EBU- the European Business University of Luxembourg in order to create more educational options for students in the African nations as we are reading more in our latest Cardano news.

Input-Output Hong Kong-IOHK partnered with EBU with a goal to make education in developing African countries more affordable and accessible. The research and development organization announced the collaboration earlier this week:

“We are pleased to announce a new and exciting partnership between IOHK and the European Business University of Luxemburg.”

The education provider stretched to more than 36 global organizations and now educates 2000 students in Africa so with that said, IOHK will aim to provide even more training programs and will school other projects on the continent. The collaboration will give the local students more access to educational materials for free. EBU will start enrolling in an EBU Certificate program so instead of tuition, students will pay a 10EUR commitment fee and the university will offer courses from the program in Plutus and Haskell Cardano contract platform.

Cardano garnered more attention from the crypto crowd recently as teh dollar value of the native token hit an ATH of $3. The on-chain data from social media platforms confirmed that ADA became the most talked-about digital asset over the past few days. The popular DLT project Cardano partnered with the Ministry of Education of Ethiopia to work on the blockchain-based national ID system. The network will be based on the Atla PRISM and it will allow for the creation of secure records of education performance for 3500 schools and more than 5 million students giving all of the students verifiable digital qualifications and increasing social mobility.

The project continued its expansion in the continent shortly so IOHK and World Mobile teamed up on the initiative to use the network to create digital identities, mobile internet connection, and financial acceptance to communities in Tanzania. Micky Watkins who is the CEO of World Mobile said:

“World Mobile has built a network based on a new relationship between people and connectivity in which ownership, governance, and identity work to empower the user and make access available to all in a sustainable way.”

As recently reported, the developers at Input-Output Global teased the Djed stablecoin which they described as an algorithmic token for the proven price stability. Djed is algorithmically controlled to be stable and CEO Charles Hoskinson spoke about it in a video he posted, saying that IOG has been experimenting with the concept of stablecoins for the past three years and this includes investigating different types like algorithmically backed assets and CBDCs.