Charles Hoskinson, the creator of Cardano (ADA), has set a new goal of onboarding five million new users onto the ecosystem's Lace wallet. The CEO of Input Output Global (IOG) provided an update on Cardano's identity-focused project in Ethiopia, which aims to archive students' academic records. Hoskinson's long-term goal is to help onboard five million people onto Lace, Cardano's web3-enabled crypto wallet, which would cover the entire K through 12. However, progress is being slowed by bureaucracy, but IOG and the Ethiopian government are now working together.
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