Input Output Hong Kong (IOHK), the company building Cardano, says it’s partnering with blockchain-based mobile network World Mobile Group to bring internet connectivity to people in Africa.
The initiative is starting in Tanzania, where it will give 100,000 people living in rural areas digital access to mobile internet, digital identity, and financial solutions.
The project aims to provide 5G internet access and give customers a blockchain-based platform they can use to verify their identity.
It also aims to bridge the gap between the unbanked and financial products like credit, insurance, and loans.
Says IOHK CEO Charles Hoskinson,
“Taking a stakeholding in World Mobile Group is a further demonstration of our long-term commitment to the African continent…
Through our digital ID solution, Atala PRISM, people who were previously unable to verify their identity, complicating and often preventing access to vital services like healthcare will now be able to do so. Atala PRISM will also allow citizens to