IOHK CEO and Cardano founder Charles Hoskinson announced the launch of Atala, a blockchain project to help governments in developing countries build voting, asset registration and supply chain systems.
Charles Hoskinson announced the news on April 30, saying it is a similar solution to Hyperledger Fabric from IBM. However, while IBM focuses on large companies, Atala is intended to serve in developing areas and aims to adapt cryptocurrency.
Atala will serve as a framework for governments wishing to build a digital system for public goods and supply chains. It can also be used to build a property register or voting system. According to Hoskinson, Atala offers governments the opportunity to build a product for end users.
The system is ideal for governments in developing countries, especially in Africa. Atala first uses the already signed cooperation with the Ethiopian government to build a payment system in Addis Abebba. Subsequently, it wants to introduce its framework to other African countries, helping them to jump into a new era of digitization (the allegedly already agreed cooperation). By the way, only Ethiopia has 105 million inhabitants.
"The only way we can get 15 million farmers in Ethiopia into a similar cryptocurrency system is to get them into the supply chain system first. Farmers must be in the system of the agricultural chain to comply with international mandates. Many of these people do not want to use cryptocurrency, but as soon as they are in the supply chain, they are already in the network. And if it is, for example, a network that is interoperable with Cardano, we can create a product that touches 15 million people, ”Hoskinson said in a Forbes interview on how Cardano wants to reach ordinary people.
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