• Days
  • Hours
  • Mins
  • Secs
  • Mon, 21 Oct 2019, 06:16 PM
  • 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) $8,226.45 (+1.21%)
  • Ethereum (ETH) $174.13 (-0.54%)
  • XRP (XRP) $0.292400 (-0.04%)
  • Bitcoin Cash (BCH) $231.14 (+3.02%)
  • Litecoin (LTC) $54.61 (-0.41%)
  • Bitcoin (BTC) $8,226.45 (+1.21%)
Oct 21, 2019 (Monday)
11:50
Crypto Technicals: LTC/USD halts downside at strong trendline support, breakout above 21-EMA to confirm near-term upside
11:12
Crypto Technicals: XMR/USD edges above 21-EMA, technical bias turning bullish
07:57
Crypto Technicals: BCH/USD bounces off strong trendline support, break above 21-EMA (228.68) to see bullish continuation
06:18
Crypto Technicals: ETH/USD struggles to extend gains, finds stiff resistance at 179
04:55
Crypto Technicals: BTC/USD pauses upside at 21-EMA (8326), break above to buoy Bitcoin bulls
Oct 18, 2019 (Friday)
12:51
Telegram’s claim “Grams will not be security once TON Blockchain launches” is insufficient, argues SEC
11:51
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:51
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:23
US Senator comes out in support of Facebook’s crypto, finds hostility towards Libra “puzzling”
10:38
Crypto Technicals: BCH/USD tests trendline support (209), dip till 78.6% Fib (168.35) likely
10:13
IBM, Raw Seafoods partner to digitize scallops supply chain using blockchain
08:48
India’s Reliance Industries reveals blockchain plans for Bill of Lading and Letter of Credit transactions
07:48
Crypto Technicals: Ripple (XRP) erases most of previous session's gains, retrace below cloud dents further upside
07:22
Crypto exchange Upbit operator Dunamu to launch OTC trading platform for unlisted securities
06:52
Crypto Technicals: ETH/USD fails to extend recovery, resumes weakness, 167.50 (Oct 6 low) in sight
06:22
Stablecoin initiatives highlight shortcomings in cross-border payments: G7 Working Group
06:11
Crypto Technicals: LTC/USD extends choppy trade below 21-EMA, bias bearish
05:02
Crypto Technicals: BTC/USD confined to narrow range, bias bearish below 5-DMA (8132)
04:48
Telegram calls SEC’s emergency injunction “unreasonable”, argues gram tokens are not securities
Oct 17, 2019 (Thursday)
13:38
Bermuda to develop blockchain-based national ID system with Shyft and Perseid Network
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft