Founder of Cardano, Charles Hoskinson, announced the launch of an enterprise blockchain framework called Atala that aims to provide financial services to billions of people living in African countries
Former Ethereum Co-Founder, Founder of Cardano and CEO of IOHK, Charles Hoskinson, announced the launch of an enterprise blockchain framework that aims to provide financial services to billions of people living in African countries.
While Atala is similar to the open-source blockchain framework, Hyperledger Fabric, which is used by IBM Blockchain, the solution takes a different approach by focusing less on fortune 500 companies and more on governments in developing countries. The framework has been built from the ground up, for real-world use cases such as property registration, voting systems, and supply chain management.
While Ethiopia’s government will be one of the first to use Atala, the framework will also be introduced in other African countries that lack legacy infrastructure, with a focus of enabling a new smart economy. Additionally, Hoskinson noted that Atala will service other enterprise industries seeking blockchain adoption.
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