Former Georgian PM meets Cardano Founder, commits to national blockchain program

  • According to a tweet by the Cardano founder, Georgia seems eager to adopt blockchain for its national systems.
  • The ex-PM hopes blockchain will make way for inter-institutional cooperation between universities, governments, and schools.

The founder of Cardano, Charles Hoskinson, attended the World Economic Forum in Davos recently and met with many high-profile officials. This included Mamuka Bakhtadze, the former Prime Minister of Georgia, who has expressed great interest in the potential of blockchain technology.

Both the delegates held talks in the Forum and confirmed that the Georgian government is focusing intently on blockchain-implementation. According to a tweet by Hoskinson, Georgia seems eager to adopt blockchain for its national systems.

He said:

I was glad to have dinner recently with former Prime Minister Bakhtadze to discuss this project and it's future. Georgia is one of the best run and most innovative countries in the world and they are embracing the future faster than any I've seen.

Mamuka Bakhtadze was enthusiastic about all the meetings conducted and acknowledged InputOutputHK for leading the latest pilot program for the country’s education system. InputOutputHK is a research and development firm, which promotes the Cardano (ADA) network. Bakhtadze tweeted:

On the sidelines of @wef Davos, participated in Blockchain Economic Forum. Interesting convo on the growing role of Blockchain. Talked about 's experience as the 1st country to introduce Blockchain in public services & new @InputOutputHK backed pilot program in Education system.

The concept is meant to be on par with the European Bologna Process, the education standards for the entire continent. Bakhtadze hopes blockchain will make way for inter-institutional cooperation between universities, governments, and schools (both within Georgia and around the world). The pilot program aims to improve education in the whole country.

This move comes as no surprise because blockchain technology has been a hot topic in Georgia. Due to the country’s cheap energy, tax breaks, and business-friendly regulations, Georgia has become a hub of blockchain ingenuity in the past couple of years.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Ethereum hits Bitcoin's bid to lead the market

The structural tension in the crypto market is increasing after yesterday's significant rise in Ethereum.  The fear of being left out (FOMO) of the launch of the UNI token by Uniswap triggered the perception of the value of the Ethereum network and consequently its interest in taking part in the project.

More Bitcoin News

KNC could be on the verge of a 50% correction

Kyber Network was trading as high as $2.04 on August 14 but plummeted to $1.04 just 22 days later, a 48% loss that clearly shows bears are in full control in the short and mid-terms.

More Cryptocurrencies News

LEND bulls will have to fight for $0.65 to regain control

Aave's LEND is the 29th-largest digital asset with the current market capitalization of $751 million and an average daily trading volume of $167 million.

More Cryptocurrencies News

TRX bulls to hit a brick wall at $0.03

TRON's TRX is one of the best-performing digital assets out of top-20 on Friday, September 18. The coin has gained nearly 9% on a day-to-day basis and partially recovered from the losses incurred during the previous week.

More Tron News


Bitcoin Weekly Forecast: HODLing Bitcoin in a bull market is still a working strategy

Bitcoin (BTC) scared the bulls with an 8% drawdown this week. The first digital asset attempted a recovery to $12,000 before an eye-watering sell-off to $10,000.

Read the weekly forecast