Cardano Founder Signed MOU Agreement With Burundi Government Questioned

Cardano Founder Signed MOU Agreement With Burundi Government Questioned

Cardano founder Charles Hoskinson has been on Cardano’s Africa tour since mid-October 2021. He has been to South Africa, Zanzibar and Burundi. The Memorandum of Understanding (MOU) with the Burundian government is the first major advance agreement since he started the trip.

Cardano Founder Signed MOU With Burundi’s Government

Cardano founder in a post on Twitter on October 27 confirmed that he has signed a Memorandum of Understanding (MOU) with the Burundian government. He said,  “Yes, we signed a great MOU today.”

In a previous tweet, Hoskinson spoke about his meeting with Burundian leaders, later changing his Twitter profile picture to include himself and Burundian President Evariste Ndayhimiya. 

Hoskinson stated that he had a wonderful meeting with President Évariste Ndayishimiye on the future of Burundi’s digital transformation.

Before travelling to Burundi, Hokisnson had visited Zanzibar, where he met the island’s president, Hussein Ali Mwinyi. However, after Cardano signed another deal with the Ethiopian government in April 2021, it was Hoskinson’s visit to Burundi that helped Cardano reach the latest major deal with an African country.

The Agreement With the Burundian Government Questioned

Although many supporters of Cardano paid tribute to Hoskinson’s efforts, some opponents of the President of Burundi expressed reservations about the deal. For example, a Reddit user named Diatery questioned Cardano’s decision to hand over the blockchain to the person he called the wrong person. 

In his question, He stated that they knew Cardano wanted to help reform Africa, so he learned more about who Hoskinson was talking to. It wasn’t long before he found out that he had given the technology to the wrong person. What kind of government is actually in power in Burundi, and who are these people that he’s creating a partnership with exactly?

To confirm these reservations about President Evalist Ndayhimiyah’s administration, the user shared several supportive links, including the US government’s report on Burundi. However, other Reddit users believe that Hoskinson has no choice but to partner with government officials. 

The user wrote, If you don’t cooperate with officials, you can’t create public infrastructure. If they’re human rights abusers they’re rubbish, but if the cryptocurrency game is what we want it to be, these dictators will end their doom by helping in catalyzing adoption.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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