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 & Analysis

Editors’ Picks

Having dropped BTC/USD below $10,000, will the bears now aim for $9,500?

BTC/USD has fallen from $10,197.35 to $9,617 so far this Wednesday, going below the key $10,000 psychological level. The bears will now aim to take the price below the $9,500, but to do that, they will need to conquer ...

More Bitcoin News

Ripple Price Analysis: Ripple finds support at important Fibonacci level

All the major cryptocurrencies fell on Wednesday in the US session. The price of XRP/USD is down around 6% so far in the session. Support has been found on the trendline which confluences with ...

More Ripple News

Litecoin Price Analysis: LTC/USD falls below SMA 20 following Wednesday’s bloodbath

LTC/USD fell from $77.40 to $70.72 this Wednesday as the bears took full control of the market. The buyers were able to bring back the price up to $71.15 in the early hours of Thursday. Following this Wednesday’s bloodbath, the price dropped below the SMA 20 curve and the downward channel formation.

More Litecoin News

EOS Price Analysis: EOS/USD dips below the $4.50-level

EOS/USD has dropped sharply from $4.59 to $4.38, going below the $4.50 psychological level in the process. While the price is still hovering above the SMA 50 and SMA 200 curves, the SMA 20 curve ...

More EOS News


Bitcoin Weekly Forecast: BTC bulls brace for jump to $11,000

Bitcoin (BTC) has been growing for three weeks in a row. The first cryptocurrency hit $10,504 on Thursday - the highest level of 2020.

Read the weekly forecast