In a YouTube AMA session, Charles Hoskinson divulges details of a Memorandum of Understanding (MoU) signed between IOHK and the Ethiopian Government. IOHK will be developing a digital payment system for the Ethiopian Government to develop an efficient and secure digital payment system. They will probably build this using Atala.

The payment platform will first be implemented in the capital Addis Ababa to enable all six million Ethiopians to be able to leverage the platform to their advantage. If successful, it'll be rolled out to other cities over time.