• Sat, 07 Dec 2019, 04:17 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Georgian government and universities team up with IOHK to explore blockchain potential

Wed, 19 Jun 2019, 09:32 am UTC

Blockchain research and development firm IOHK has announced the signing of Memorandum of Understanding (MoU) with the Georgian government and two of the country’s largest universities.

In a blog post, IOHK said that CEO Charles Hoskinson has signed MoU partnerships with the Ministry of Education, the Free University of Tbilisi, and the Business and Technology University of Tbilisi.

One of the primary goals of the MoUs is to promote the use of Cardano-backed blockchain technology for storing, tracking, and verifying educational credentials, eliminating the existing time-consuming and expensive manual verification.

The system will be initially deployed in Georgia with plans to use distributed ledger technology in the Europe-wide Bologna Process, an intergovernmental initiative to improve the internationalization of higher education.

Mikheil Batiashvili, the Minister of Education, Science, Culture, and Sport, said that he hopes that leveraging IOHK’s world-leading expertise in third-generation blockchain technology would enable them to “progress even further toward our goal of being the world’s leading country for secure, digitally-enabled international business”.

IOHK said that it has previously worked with government education authorities in Greece to explore a pilot project to verify student qualifications on the blockchain. Last year, the government of Ethiopia also collaborated with the firm to explore blockchain potential in the supply chain traceability for coffee.

In addition to signing the MoUs, Hoskinson also met with the Georgian prime minister and the Minister of Agriculture to discuss other applications of blockchain technology for the country, such as supporting new fintech businesses, supply chain implementations, and integrating smart contract functionality into government processes.

“We are incredibly excited to be working with the Georgian government on a range of projects across business, education, and government services,” Hoskinson said. “IOHK is pleased to be a part of the country’s journey and looks forward to developing the blockchain ecosystem in Georgia and helping its people to solve the challenges they face.”

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $7,563.50 (+1.53%)
  • Ethereum (ETH) $149.34 (+0.19%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $214.34 (+0.14%)
  • Litecoin (LTC) $45.61 (+0.91%)
  • Bitcoin (BTC) $7,563.50 (+1.53%)
Dec 6, 2019 (Friday)
13:25
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:24
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:19
Crypto Technicals: LTC/USD extends sideways, finds strong support at 42.45 (Trendline)
11:18
South Korean consortium to provide blockchain-based ID services via mobile app in 2020
10:31
Crypto Technicals: BCH/USD intraday bias turns slightly bullish, scope for test of 20-DMA (220.99)
10:00
Bitfury launches enterprise blockchain platform ‘Exonum Enterprise’
08:44
CULedger reveals an EFT payment solution for credit unions in collaboration with R3, Luxoft
07:37
Reserve Bank of India governor against the development of private digital currencies
07:34
Ripple asks court to dismiss XRP securities lawsuit in latest filing ahead of court meeting
07:30
Crypto Technicals: ETH/USD struggles to extend recovery, finds stiff resistance at 200H MA at 149.77
05:47
Blockchain firm Figure Technologies hits $1.2B valuation after closing $103M Series C round
05:03
Blockchain firm ChromaWay acquires Antler Interactive after setting up its gaming arm Chroma Studios
04:42
Galaxy Digital-backed Flipside Crypto hires Accenture Managing Director Matt Bridges as COO
04:23
Crypto Technicals: BTC/USD rangebound in the Asian session, struggles at 200H MA
03:56
Canadian mining firm goes belly up; Owes local, federal government hundreds of thousands
03:54
New crypto derivatives trading platform Phemex can manage 300,000 TPS, says core developer
03:51
Microsoft creates blockchain-based incentive scheme with Enjin to recognize active members of Azure community
Dec 5, 2019 (Thursday)
13:09
Dunamu’s crypto subsidiary DXM partners with Ledger to launch custody service for institutional clients
11:28
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:28
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft