Cardano ($ADA) Founder Charles Hoskinson Signs MOU With Government of Brundi

Charles Hoskinson, Co-Founder and CEO of IOHK, the company responsible for building Cardano ($ADA), announced yesterday (October 26) that he had signed a memorandum of understanding (MOU) with the government of the Republic of Burundi. 

An MOU is “an agreement between two or more parties outlined in a formal document.” Although “it is not legally binding”, it does demonstrate “willingness of the parties to move forward with a contract.”

Here is how the IOHK CEO announced the news about this agreement with the small central African nation:

Interestingly, around eight hours earlier we got a hint that a deal between IOHK and the government of Brundi was imminent after Hoskinson tweeted that he had changed his Twitter profile photo to a photo of one of his meetings with Evariste Ndayishimiye, who is the President of Brundi:

Hoskinson had tweeted about this meeting (which was all “about the future of Burundi’s digital transformation”) a day earlier: