![]() And now, together, they will work alongside the Ethiopian government to begin building financial infrastructure for development, growth, and sustainability within the local region. The training was such a success that IOHK offered every one of the graduates a job opportunity within the company. After all, who knows what a country needs better than its local population. They shared with me what the Haskell educational course meant to them, their family, and their country. Yenatfanta Shifferaw and Masresha Beniam, two Haskell graduates who had flown in from Ethiopia for the summit, shared with me their excitement over the Haskell course and Brünjes’ patience along their journey. Lars Brünjes Delivers Keynote at IOHK Summit 2019 Lars Brünjes, Director of Education, led developers through a rigorous 10-week course. The IOHK Ethiopia Haskell Course received over 300 applicants from top female university developers in Ethiopia and narrowed down the selection to 23 women. The customized course would teach these students on Haskell programming, the coding language IOHK uses to develop its secure blockchain infrastructure. Later, they were invited into the region to educate a select number of tech developers from local universities. The team took their time growing trusted relationships within the local government and universities. The program is part of a bigger vision to empower developing countries with the skills and resources to build a decentralized infrastructure. John O’Connor, Director of African Operations, and Dynal Patel, Senior Product Manager For Enterprise for IOHK, enlightened me on their most recent educational program in Ethiopia. Empowering Developing Countries With Financial Infrastructure The mission is giving the tech to everyone. It’s a milestone in their development philosophy, which advocates an entirely decentralized peer-to-peer network.ĭuring his opening keynote at the summit, Hoskinson shared with his team, “It doesn’t matter who wins. Shelley will mark the beginning of full decentralization, where no single entity has full control of the system, not even IOHK. Charles Hoskinson and Mayor of Miami, Francis X. The current Cardano product release is Byron, which is federated - meaning IOHK still controls all the nodes in the network. ![]() Advocating a Decentralized Peer-to-Peer Network When building innovative technology requiring secure financial transactions, it needs to be developed correctly the first time. The research is then peer-reviewed to be tested and challenged by the world’s leading academics.ĭespite the Silicon Valley mantra and pressure to build fast and break things, IOHK goes through a painstaking process of making sure that their products’ code is mathematically proven, verified, and secure. He explained how IOHK was first among the blockchain technology companies to apply academia to its products and development. Securing an Ethical, Innovative InfrastructureĬardano Senior Product Manager David Esser broke down for me IOHK’s process for taking their products to market. The team includes scientists, researchers, and highly skilled engineers, at least 25 of them with doctorate degrees. It is also a decentralized company, with about 200 employees and contractors from over 19 different countries. Hoskinson and Wood founded IOHK in 2015 with a commitment to use peer-to-peer innovations to provide financial services to the billions of people who do not have them. ![]() Charles Hoskinson, CEO & Co-Founder of IOHK If you are not already aware, IOHK Co-founders Charles Hoskinson and Jeremy Wood also happen to be two of the early co-founders of Ethereum- the second largest cryptocurrency in the world. Prioritizing First-Class International Leadership Here are 6 reasons why you should be paying attention to IOHK. ![]() The summit featured presentations from guest international and academic speakers, key industry leaders, and a highly anticipated decentralized peer-to-peer product release, Cardano Shelley. A look into IOHK’s project development in Ethiopia changed my mind, and the next day, I boarded my flight to Miami. I was a bit hesitant to go after witnessing such overwhelming negativity and extreme turbulence within the cryptocurrency community. Recently, I was invited to Miami to attend IOHK Summit 2019. Global access to banking systems is a major part of what the blockchain and crypto economy hopes to achieve. Lack of financial institutions and access to banking means there is an entire population of people who do not even have the option of getting out of poverty. Roughly 3 billion people in the world currently have no access to banking. ![]()
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