Cardano Co-Founder Meets Former Georgia PM, Commits to National Blockchain Program - Bitcoin and Altcoins News


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January 22, 2020

Cardano Co-Founder Meets Former Georgia PM, Commits to National Blockchain Program

Mamuka Bakhtadze, former Prime Minister of Georgia, was recently at Davos and participated in the Blockchain Economic Forum. He confirmed that the country was piloting an education concept on Cardano (ADA).
Charles Hoskinson, the founder of Cardano, was at the World Economic Forum in Davos yesterday meeting high-profile officials. One of them was Mamuka Bakhtadze, the former Prime Minister of Georgia who has been very curious about blockchain technology’s potential.
Hoskinson and Bakhtadze held talks yesterday and both confirmed that the Georgian government would be deepening its focus on blockchain. As per a tweet by Hoskinson, Georgia seems eager to adopt blockchain for its national systems.
The fact that the new pilot program will be running on Cardano should not come as a surprise. In June of last year, IOHK announced that it would be partnering with the Georgian government and universities. IOHK and the Georgian government signed a Memorandum of Understanding (Mou) which will see it working with Georgia’s two largest universities.
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Blockchain technology has been a hot topic in Georgia, so it’s no surprise Bakhtadze is so committed to the concept. The country has been at the forefront of the mining community for some time now. Thanks to the country’s cheap energy, tax breaks, and business-friendly regulations, the small country of just 4M people has become a hub of blockchain ingenuity in the past two years.
Now, the Georgian government is trying to formalize these energies into a new blockchain-based national system. If successful, it would be the first of its kind in the entire world.

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