Creating a new economy together.

Waya Collective is the first RealFi (DeFi) production network on Cardano that enables a new economic model for Africa that is sustainable, inclusive and efficient.

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Waya Collective

<div id="content"><div><div><div id="primary"><div><div><p><img fifu-featured="1" width="350" height="250" data-src="https://www.thecoinrepublic.com/wp-content/uploads/2022/03/s17-3-350x250-1.jpg" alt="" title="" loading="lazy" src="https://www.thecoinrepublic.com/wp-content/uploads/2022/03/s17-3-350x250-1.jpg"></p><ul><li>IOHK defines RealFi as real finance that focuses on those who need new ways to actually access finance, as well as the generation of real value that is often not derived from DeFi. It also aims to offer attractive yields to crypto holders, as well as cheaper credit/financial goods for real people.</li></ul><ul><li>This strategic relationship intends to enable initiatives supported by Cardano&rsquo;s innovation engine, Project Catalyst, to produce products that tackle real-world challenges in Africa by providing them with enterprise-building skills and resources. To be given assistance with getting started.</li></ul><ul><li>IOHK Director of African Operations, John O&rsquo;Connor, announced the first round of loans to Kenyan SMEs, emphasizing Cardano&rsquo;s RealFi&rsquo;s future potential. Cardano founder Charles Hoskinson announced that the business wants to offer peer-to-peer (P2P) financing across Africa this year, beginning in Kenya.</li></ul><p>Cardano adoption in Africa boosts the Project Catalyst startup incubator program. In conjunction with Iceaddis, a Pan-African business incubator, input-output global (IOG) Project Catalyst has established Ariob, an incubator scheme.</p><h2><strong>Products That Tackle Real-World Challenges In Africa</strong></h2><p>This strategic relationship intends to enable initiatives supported by Cardano&rsquo;s innovation engine, Project Catalyst, to produce products that tackle real-world challenges in Africa by providing them with enterprise-building skills and resources. To be given assistance with getting started.</p><p>WADA and Waya Collective are among the nine Africa-focused organizations that have joined the Ariobe Incubator, which is available to all Africa-focused businesses. Cardano believes that focusing on offering cutting-edge programming in Africa will help to accelerate the ecosystem&rsquo;s growth.</p><p>In late February, IOHK Director of African Operations, John O&rsquo;Connor, announced the first round of loans to Kenyan SMEs, emphasizing Cardano&rsquo;s RealFi&rsquo;s future potential. Cardano founder Charles Hoskinson announced that the business wants to offer peer-to-peer (P2P) financing across Africa this year, beginning in Kenya. He sees it as part of a larger attempt to close the gap between developed and developing nations.</p><h2><strong>Cardano Is Concentrating Their Efforts In Africa</strong></h2><p>Last year, Input-Output Global (IOG) announced a cooperation with the Ethiopian Ministry of Education to enable five million Ethiopian students with access to Atala PRISM technology built on Cardano to validate their academic credentials. IOG is also collaborating with World Mobile in Zanzibar to use blockchain technology to enable disconnected connectivity and access to key online services.</p><p>Cardano&rsquo;s parent company, IOHK, hailed the collaborations as a launchpad for Cardano&rsquo;s goal of building RealFi in a blog post. IOHK defines RealFi as real finance that focuses on those who need new ways to actually access finance, as well as the generation of real value that is often not derived from DeFi. It also aims to offer attractive yields to crypto holders, as well as cheaper credit/financial goods for real people.</p><p>ALSO READ: <a rel="nofollow noopener" target="_blank" href="https://www.thecoinrepublic.com/2022/04/07/the-miami-bull-mecha-charging-bull-signifies-hope-to-crypto-sector-at-bitcoin-conference/">The Miami Bull: Mecha Charging Bull Signifies Hope To Crypto Sector at Bitcoin Conference</a></p><p>Source: https://www.thecoinrepublic.com/2022/04/07/cardano-announces-its-fresh-initiative-to-help-the-environment-develop-faster/</p></div></div><h2>Post navigation</h2></div></div></div></div>


BitcoinEthereumNews

Cardano Announces Its Fresh Initiative To Help The Environment Develop Faster

<div id="content"><div><div><div id="primary"><div><div><div><div><p><a rel="nofollow noopener" target="_blank" href="https://u.today/tomiwabold-olajide">Tomiwabold Olajide</a></p><p>Cardano adoption in Africa gets a boost from &ldquo;Project Catalyst&rdquo; incubation program for start-ups</p></div></div><div><p><a rel="nofollow noopener" target="_blank" href="https://twitter.com/InputOutputHK/status/1511691446910427139">Input-Output Global</a> (IOG)&rsquo;s Project Catalyst has launched Ariob, an incubator scheme, in collaboration with iceaddis, a pan-African business incubator.</p><p>This strategic partnership aims to accelerate the growth of projects financed by Cardano&rsquo;s innovation engine, Project Catalyst, by providing start-ups with venture-building skills and resources to help them develop products that address real-world problems in Africa.</p><p dir="ltr" lang="en">NEW BLOG: Today we&rsquo;re delighted to formally announce the launch of <a rel="nofollow noopener" target="_blank" href="https://twitter.com/hashtag/ProjectCatalyst?src=hash&amp;ref_src=twsrc%5Etfw">#ProjectCatalyst</a>&lsquo;s Africa-focused Ariob Incubator program, in collaboration with <a rel="nofollow noopener" target="_blank" href="https://twitter.com/iceaddis?ref_src=twsrc%5Etfw">@iceaddis</a>, a pan-African business incubator, and accelerator hub&#127757; <a rel="nofollow noopener" target="_blank" href="https://t.co/c1pQrNWsus">https://t.co/c1pQrNWsus</a></p><p>&mdash; Input Output (@InputOutputHK) <a rel="nofollow noopener" target="_blank" href="https://twitter.com/InputOutputHK/status/1511691446910427139?ref_src=twsrc%5Etfw">April 6, 2022</a></p><p>The Ariob incubator, which is open to all Africa-focused projects, currently has nine Africa-based initiatives joining the incubator scheme, among which are WADA&nbsp;and Waya Collective. A focus on delivering cutting-edge programs in Africa seems beneficial to Cardano as it might accelerate the growth of its ecosystem.</p><h2>Cardano&rsquo;s focus on Africa</h2><p>In late February, John O&rsquo;Connor, IOHK director of African operations, shared the news about the first set of loans being disbursed to Kenya SMEs, highlighting the incoming potential of Cardano&rsquo;s RealFi.</p><p>Cardano founder Charles Hoskinson revealed that the company plans to <a rel="nofollow noopener" target="_blank" href="https://u.today/cardanos-peer-to-peer-p2p-lending-in-africa-gains-traction-with-first-set-of-loans-disbursed">introduce</a> peer-to-peer (P2P) lending across Africa this year, starting with Kenya. This, he believes, is part of an effort to close the gap between industrialized and developing countries.</p><p>Last year, Input-Output Global (IOG) announced its partnership with the Ethiopian Ministry of Education to provide five million Ethiopian students with a way to verify their academic credentials using Atala PRISM technology, built on Cardano. IOG is also working with World Mobile in Zanzibar to connect the unconnected and enable access to essential online services through blockchain technology.</p><p>In a<a rel="nofollow noopener" target="_blank" href="https://iohk.io/en/blog/posts/2021/11/25/welcome-to-the-age-of-realfi/"> blog post</a>, Cardano&rsquo;s parent firm, IOHK, described these partnerships as a &ldquo;launchpad&rdquo; for Cardano&rsquo;s goal to build RealFi. The word &ldquo;realFi&rdquo; was defined by IOHK as real finance that is focused on people who genuinely need new ways to access finance, producing the&nbsp;real value frequently lacking from DeFi, and it also intends to deliver attractive yields to crypto holders, as well as cheaper credit/financial goods for real people.</p></div><p>Source: https://u.today/cardano-launches-new-project-to-accelerate-ecosystem-growth-details</p></div></div><h2>Post navigation</h2></div></div></div></div>


Cardano Launches New Project to Accelerate Ecosystem Growth: Details

<p class="BlogPost__Main-zmu4sf-1 fCMUmY"></p><p class="Post__Container-sc-1lacib6-0 fIhxqL"></p><p class="Post__Body-sc-1lacib6-5 cMzytR"></p><p class="Post__Content-sc-1lacib6-7 fWkAjz"><img src="/site/uploads/2022/Apr/07/download.jpg" alt=""><br></p><p>Input Output Global’s Project Catalyst has launched&nbsp;<a target="_blank" rel="noopener" href="http://ariob.io/">Ariob</a>, an incubator scheme, in collaboration with&nbsp;<a target="_blank" rel="noopener" href="https://summit.cardano.org/sessions/building-community-in-africa">iceaddis</a>, a pan-African business incubator, and accelerator. Ariob means ‘a collection of starts’ in Ge’ez, an ancient Semitic language of Ethiopia.</p><p>This strategic partnership is designed to enhance the growth of projects funded by&nbsp;<a target="_blank" rel="noopener" href="https://developers.cardano.org/docs/governance/project-catalyst/">Project Catalyst</a>, Cardano’s innovation engine, and offers high potential Catalyst start-ups access to venture-building expertise and resources to help develop products that solve real-life challenges in Africa.</p><h3>Why Africa?</h3><p>Africa is home to 1.3 billion people. It is a fascinating and diverse continent that is seeing a huge acceleration in adopting new technologies such as blockchain. Given that there are no allegiances to legacy systems, it is far easier for technological advances to take hold. Projects for financial services, national identity frameworks, and developments in academia have great potential to transform both industry and society. This evolution offers fertile ground for entrepreneurship and innovation to leapfrog over approaches stuck in the past. Therefore, a focus on delivering cutting-edge programs in Africa can accelerate the growth of the Cardano ecosystem.</p><p>Last year, Input Output Global (IOG) announced its partnership with the&nbsp;<a target="_blank" rel="noopener" href="https://iohk.io/en/blog/posts/2021/04/27/blockchain-finally-comes-of-age-with-worlds-biggest-blockchain-deployment/">Ethiopian Ministry of Education</a>&nbsp;to provide five million Ethiopian students with a way to verify their academic credentials using&nbsp;<a target="_blank" rel="noopener" href="https://atalaprism.io/">Atala PRISM</a>&nbsp;technology, built on Cardano. IOG is also working with&nbsp;<a target="_blank" rel="noopener" href="https://youtu.be/WSSpI8Rtif0">World Mobile in Zanzibar</a>&nbsp;to connect the unconnected and enable access to essential online services through blockchain technology.</p><h3>Project Catalyst, mentorship, and incubation</h3><p><a target="_blank" rel="noopener" href="https://iohk.io/en/blog/posts/2021/02/12/our-million-dollar-baby-project-catalyst">Project Catalyst</a>&nbsp;is now one of the largest decentralized innovation funds. It is a focal point for ecosystem development and innovation, driven by the Cardano community. With each funding round, the community presents challenges across a range of subjects related to Cardano. These challenges are then answered by the community who present project proposals defining solutions and clear plans. The community then votes on the proposals presented and selects projects to receive funding.</p><p>Catalyst enables people to realize great ideas and implement them, but funding is only part of the journey towards success. Other factors, such as education, mentorship, collaborations, and product roadmap development are also needed to nurture projects and help them formalize a business plan and effective go-to-market strategy.</p><p>The first entrepreneurship program, to achieve Catalyst funding entitled ‘<a target="_blank" rel="noopener" href="https://www.youtube.com/watch?v=x8134D_Ip9o&amp;t=418s">BoostCamps</a>’, used the&nbsp;<a target="_blank" rel="noopener" href="https://entreprenerdy.com/">Entreprenerdy</a>&nbsp;platform where participating projects could take part in sessions designed to develop their business strategy. Fund7 is the latest round, with an Accelerator &amp; Mentor Challenge. Twelve projects will be funded to create programs and tools to support businesses being built on Cardano.</p><p><source type="image/webp" srcset="https://ucarecdn.com/862ffd57-0c1d-423d-aee1-6a14038a8fe8/-/format/webp/-/quality/best/-/progressive/yes/"><img src="https://ucarecdn.com/862ffd57-0c1d-423d-aee1-6a14038a8fe8/"></p><p>BoostCamps has so far taken on five cohorts, one of which focuses on projects whose goals include creating positive change in Africa. This activity inspired this newest innovation, the Ariob incubator, where a select number of projects will be chosen to join a support program running through the first half of 2022. This program offers services aimed at realizing creative potential, testing ideas, and using prototypes to find the best product. Ariob will also help connect projects with educational institutes, government organizations, NGOs, and local companies.</p><p>Markos Lemma,&nbsp;<a target="_blank" rel="noopener" href="https://www.iceaddis.com/">iceaddis</a>&nbsp;Co-founder, and Chief Executive said: ‘Cardano is a platform that’s creating solutions to real-life challenges in Africa and one of our most valuable relationships is with the Cardano ecosystem. Together, we want to demonstrate that the next big ideas are emerging from African countries, and we are ready to invest our resources to make that happen.</p><p>‘As one of the leading pan-Africa incubators and accelerators, we are eager to drive the development of high-potential Catalyst start-ups through the Ariob incubator.’</p><h3>Projects joining the Ariob incubator</h3><p><span>DirectEd</span>&nbsp;is developing a solution to facilitate scholarships for students in low-income countries, using the transparency, peer-to-peer, and smart contract capabilities of blockchain technology to reduce costs and eliminate corruption. Many talented students lack the financial means to realize their potential, but philanthropists may hesitate to donate for two reasons. First, they cannot ensure that the money goes directly to the student, and second, attaching conditions to donations to ensure that funds are used for their intended purpose is costly. DirectEd solves these problems by providing a transparent, secure, and low-cost way of making conditional peer-to-peer donations directly to students.</p><p><span>CheCha</span>: a digital USD voucher system to solve the small change crisis in Zimbabwe. CheCha acts as a trusted third party between customers and vendors to facilitate micro-loans. Vendors can join into partner networks, allowing loan redemption within their closed-loop system, and with the introduction of ada wallets, user-to-user transfers are now possible. In addition, the platform will also become the first commonly recognized liquidity market between fiat and crypto in the country.</p><p><span>CanuckCrypto Ekival</span>: a blockchain-based escrow service that allows users to apply the Hawala system (A system for transferring money, whereby the money is paid to an agent who then instructs a remote associate to pay the final recipient.) to their money transfers. Ekival displays location-based accumulations of value (liquidity pools in the money transfer case) that users based in other locations can commit to acquiring on behalf of beneficiaries.</p><p><span>Thrift Finance</span>: a decentralized and trustless thrift savings system governed, maintained, and upgraded by THRIFT token holders. Thrift aims to create a more accessible and efficient financial system for Africa through smart contracts.</p><p><span>DeliveryChain</span>&nbsp;wants to disrupt the centralized postal industry through a peer-to-peer solution built on blockchain. The aim is to enable cheaper, faster, and more reliable parcel delivery across Africa.</p><p><span>Hippocrades</span>: A decentralized healthcare information exchange that uses blockchain to allow information to be passed between healthcare systems without compromising security and privacy. Hippocrades also provides healthcare modules and APIs for developers to build decentralized health applications ready for Web3.</p><p><span>WADA</span>: Building a Web3 microlending solution that empower Africans on the continent and in the diaspora. WADA’s vision is for a more inclusive economy and society, enabled through blockchain technology.</p><p><span>African Blockchain Center for Developers (ABCD)</span>: A talent ecosystem that seeks to mentor Africans and provide opportunities to build revolutionary projects. ABCD’s activities are geared towards closing the developer skill gap by providing learning opportunities and acting as a bridge between skilled people and potential clients.</p><p><span>Waya Collective</span>&nbsp;is building a decentralized enterprise network to find a new equilibrium in global manufacturing. The current practice of centralized production, combined with long and complex supply chains, is ever-more for everyone involved. The Waya Collective intends to provide Africa-focused producers access to loans, know-how, and a network of reliable partners in a decentralized way.</p><h4>Find out more</h4><p>We’ll be following the progress of these projects as they advance through the process, so watch out for more news.</p><p>The Ariob incubator is open to all Africa-focused projects, so if you’re developing an idea,&nbsp;<a target="_blank" rel="noopener" href="https://ioincubator.com/">the team would love to hear from you</a>.</p><p>If you’d like to get involved by proposing a challenge, learning more about&nbsp;<a target="_blank" rel="noopener" href="https://iohk.io/en/blog/posts/2021/02/12/our-million-dollar-baby-project-catalyst">Project Catalyst</a>, or would like to answer challenges posted by others, please subscribe to the&nbsp;<a target="_blank" rel="noopener" href="https://bit.ly/3dSZJvx">Catalyst mailing list</a>&nbsp;and join the&nbsp;<a target="_blank" rel="noopener" href="https://t.me/cardanocatalyst">Catalyst Telegram community</a>.</p><p></p><p></p><p></p><p></p><p class="BlogPost__Side-zmu4sf-2 ehoHnV"></p><p class="AuthorSideBar__Container-sc-9scvxm-0 kBcKNo"></p><p class="AuthorSideBar__Head-sc-9scvxm-1 etAErs"></p><p class="Author__Container-sc-11tg714-0 iAiJgt"></p><p class="author_avatar"><a href="https://iohk.io/en/blog/authors/tim-richmond/page-1/"></a></p><p class="Author__Thumbnail-sc-11tg714-1 fgWft"><source type="image/webp" srcset="https://ucarecdn.com/75b74f03-ff04-47ba-821c-5e477d3d46d4/-/resize/200/-/format/webp/-/quality/best/-/progressive/yes/"></p><p></p><p></p><p></p><p></p><p></p>

Cardano Feed

Project Catalyst launches incubator for Africa

<p class="gl gm gn go gp"><img src="/site/uploads/2022/Feb/23/1_nR2lLRMZmQdSVkH1PKLAcw.jpg" alt=""><br></p><p id="1a8d" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph="">IAMX are proud to announce our partnership with WAYA Collective.<br>Waya Collective is the first RealFi (DeFi) production network on Cardano that enables a new economic model for Africa that is sustainable, inclusive and efficient.</p><p id="5dcf" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph="">Africa is currently dependent on imported products, those however are disproportionately expensive and do not fulfill the real demand of Africans. There are millions of small producers, a massive growing workforce and abundant natural resources. Creating the perfect conditions for manufacturing revolution.</p><figure class="jd je jf jg ew ht ek el paragraph-image"><p class="ek el jc"><img alt="" class="dq hy hz" src="https://miro.medium.com/max/1400/1*5IzMYbEzEir6JIzHEsYG9A.jpeg" width="700" height="559" role="presentation"></p></figure><p id="cdf9" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph="">Lack of liquidity and available funds is arguably the biggest problem in African economies. By deploying the massive capitalization of Cardano in local manufacturing, Waya can solve this problem. Power and profits are extremely unequally distributed in common global supply chains. Since all parts of the Waya value chain are part of the same, democratic system, everyone can equally benefit.</p><figure class="jd je jf jg ew ht ek el paragraph-image"><p class="ek el jh"><img alt="" class="dq hy hz" src="https://miro.medium.com/max/1400/1*Mg_G0EqzSaK9ZKJ9GZc8pQ.jpeg" width="700" height="357" role="presentation"></p></figure><p id="b1ba" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph="">Waya are building the infrastructure to power production at the point of demand and at the source of natural resources. The capacity of the producers is determined by demand and efficiency.</p><p id="3e5f" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph=""><span class="ig gt">What is a Collective?<br></span>A collective is a prefinanced production facility that receives standardized inputs in form of instructions, training, equipment and materials.<br>Collectives supply the local market and are located and built to do this in the most efficient way. Collectives are owned by the entrepreneurs and workers in them and are part of the Waya Collective network.</p><figure class="jd je jf jg ew ht ek el paragraph-image"><p class="ek el ji"><img alt="" class="dq hy hz" src="https://miro.medium.com/max/1400/1*iN0d0Vix4Tfbo4s8z_EJjA.jpeg" width="700" height="362" role="presentation"></p></figure><p id="35cd" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph=""><span class="ig gt">The partnership</span><br>IAMX’s mission is not only to provide everyone with a digital identity, but also give businesses same opportunities. We’re implementing our 1click-solutions to Waya Collective. This will make it possible for customers all over the world to order products directly from a Waya Collective. We’re also connecting Waya Collective directly to European brands like&nbsp;<a class="au jj" href="https://www.wunderwerk.com/" rel="noopener ugc nofollow" target="_blank">wunderwerk.com</a></p><p id="003c" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph="">We’re focused on creating value with our operations in Africa, while making sure that the value doesn’t leave the continent. Africa has one of the worlds fastest growing economies. Decentralized finance and decentralized systems unleashes the power of the African continent!</p><p id="6f0d" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph="">#OwnYourIdentity</p><figure class="jd je jf jg ew ht ek el paragraph-image"><p class="ek el jk"><img alt="" class="dq hy hz" src="https://miro.medium.com/max/1400/0*u28XrUkGdF19p1Rf.gif" width="700" height="393" role="presentation"></p></figure><p id="4ced" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph=""><span class="ig gt">WADA<br></span><a class="au jj" href="https://wayacollective.com/" rel="noopener ugc nofollow" target="_blank">https://wayacollective.com/</a><br><a class="au jj" href="https://t.me/wayacollective" rel="noopener ugc nofollow" target="_blank">https://t.me/wayacollective</a><br><a class="au jj" href="https://discord.gg/fJDpM9WxfC" rel="noopener ugc nofollow" target="_blank">https://discord.gg/fJDpM9WxfC</a><br><a class="au jj" href="https://twitter.com/WayaCollective" rel="noopener ugc nofollow" target="_blank">https://twitter.com/WayaCollective</a></p><p id="ab6e" class="pw-post-body-paragraph ie if gs ig b ih ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb gl ff" data-selectable-paragraph=""><span class="ig gt">IAMX</span><br><a class="au jj" href="https://iamx.id/" rel="noopener ugc nofollow" target="_blank">https://iamx.id/</a><br><a class="au jj" href="https://twitter.com/IAM_X_IDENTITY" rel="noopener ugc nofollow" target="_blank">https://twitter.com/IAM_X_IDENTITY</a><br><a class="au jj" href="https://discord.gg/iamx" rel="noopener ugc nofollow" target="_blank">https://discord.gg/iamx</a></p>

Waya Collective ($)

Creating the operating system for a new economy together. Planted in #Africa and built on #Cardano to scale across the globe.

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