Greek Universities to use Cardano's Blockchain

Three universities from Greece will use Cardano's blockchain for graduater's diplomas
04 January 2018   244

Graduates of the universities of Greece will be able to confirm their qualifications with the help of a blockchain. GRNET, the national research and education network, engaged in the development of the project together with the IOHK research company, based on the blockhain of Cardano, will help them. This is reported by Bitcoin Magazine.

The GRNET project will be the first case of the practical application of Cardano: a blockchain of a crypto-currencies with the Proof-of-Stake consensus mechanism and platform for launching financial applications.

The project will use a private version of the Cardano blockchai system, which will have access to a limited number of persons. At the current stage, three universities have expressed their willingness to use the block for the diploma: Aristotle University in Thessaloniki, Democritus University in Thrace and the University of Athens University of Economics and Business.

We cannot put any plaintext on the blockchain, as diplomas and transcripts are personal information. We only put hashes; we may put entire diplomas and transcripts, but they will always be encrypted.

Panos Louridas

GRNET consultant and associate professor, Athens University of Economics and Business,

The project is financed by the European Union through the Horizon 2020 program, in which the blockchain start-ups have already received about € 5 million.

Cardano Roadmap Update Due to Come

According to the Cardano countdown clock the next roadmap update will be released on April 5 of 2018
24 March 2018   94

Cardano is an open source decentralised public blockchain and cryptocurrency project, which is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. The development team consists of a large global collective of engineers and researchers.

The Cardano roadmap is regularly updated, and its countdown clock is indicating the next release. According to the countdown clock, the next update will be released on April 5, 2018.

Cardano Roadmap Update Countdown at the moment of pressCardano Roadmap Update Countdown at the moment of press

For instance, exchange enchancements are currently 80% developed as they are being made to increase performance rates for Cardano exchange partners, and multi-signature transactions in Cardano, which will allow Daedalus to support wallets that are shared between multiple people with joint control of the funds, are developed 35%.

At the moment of press, these are main market parameters of Cardano:

Average price: $0,189289
Marketcap: $4 907 709 255
24h volume: $142 178 000