Input Output, the developer behind Cardano (ADA), has signed a Memorandum of Understanding with the Faculty of Law at the University of Buenos Aires.
This partnership aims to explore the use of Cardano blockchain, with significant events planned and potential collaborations with Entre Ríos Province to enhance public services and digital identity management.
Discover how Cardano's technology is poised to make a significant impact in Argentina.
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Exploring Cardano Blockchain Opportunities
Input Output, the development company behind Cardano (ADA), has signed a Memorandum of Understanding (MOU) with the Faculty of Law at the University of Buenos Aires, a prestigious national university in Argentina.
J.J. Siler, Chief of Staff at Input Output (IOHK/IOG), posted an image on June 8, 2024, announcing, "On behalf of Input Output, we have signed an MOU with the Faculty of Law at the University of Buenos Aires."
According to Siler, a Cardano Constitutional Convention will be held at the University of Buenos Aires in December 2024, where students and professors will explore the opportunities for utilizing the Cardano blockchain.
Official Announcement Regarding Partnership with Entre Ríos Province
On March 29, 2024, it was reported that the Cardano Foundation had met with Rogelio Frigerio, the Governor of Entre Ríos Province in northeastern Argentina. On June 6, the Cardano Foundation made an official announcement regarding this partnership.
According to the announcement, the Cardano Foundation plans to collaborate with Entre Ríos Province to promote the adoption of blockchain technology.
Argentina is highly proactive with cryptocurrency initiatives. Recently, it was reported that the Argentine Securities Commission (CNV) had met with the Digital Assets Commission (CNAD) of El Salvador, a country that has adopted Bitcoin as legal tender.
Local media in March reported that the collaboration between the Cardano Foundation and Entre Ríos Province could lead to developments such as digital ID implementation, the use of blockchain in educational records, and the management of public information to reduce transaction costs, complexity, and time in public services.
This suggests that the utilization of Cardano technology in Argentina could accelerate in the near future.
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