Greek Universities to use Cardano's Blockchain

Three universities from Greece will use Cardano's blockchain for graduater's diplomas
04 January 2018   571

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 to hold a meetup in London

Cardano London Blockchain Meetup will take place on June 11 to study POs protocols on the Ouroboros blockchain
29 May 2018   333

Cardano is organizing a meetup on June 11 at University College London. The event will be dedicated to the Ouroboros Proof-of-Stake protocol - Cardano's settlement layer. Featured speaker at the venue is going to be Prof. Aggelos Kiayias. He is the original designer of the aforementioned protocol.

Professor will introduce the ongoing researches under his supervision within IOHK. Those studies concern stake pools, delegation mechanisms, sidechains, blockchain software updates, etc. The agenda for the meetup is as follows:

6:30 pm Attendees arrival
6.45 pm Cardano Foundation introduction
6:50 pm Prof. Aggelos Ouroboros presentation
8:45 pm Drinks at the nearby Jeremy Bentham pub

More details can be found here. At the moment of publication, Cardano market parameters are as follows:

Average price 0.193796 USD
Market cap 5,024,562,562 USD
Volume (24H) 124,773,000 USD