It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. Coinbase Is Going Public - Will This Create Further Crypto Differentiation. "Cardano is a rising star in the booming crypto sector," Nigel Green, the chief executive of financial advisory group deVere, said earlier this month alongside an announcement the deVere cryptocurrency exchange had added cardano to its supported digital assets. I am a journalist with significant experience covering technology, finance, economics, and business around the world. Cardano. SUBSCRIBE if you enjoy these type of videos! As the cardano network bobs around a total $40 billion, developers are gearing up for the launch of a major update on Monday—designed to make it into a … Cardano’s ecosystem has been one of the most active ones this year, with every passing month bringing with itself a host of updates and developments. With NFTs, the general public is starting to embrace the concept of tying digital goods to virtual assets as a way of representing real-world ownership. The Ethiopian government has recently struck a deal with Cardano (ADA) to work together on finding ways to use blockchain technology to improve the agritech industry. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. Now, don’t get us wrong. Ethiopia - the second most populous country in Africa - is a one-party state with a planned economy. Aproximadamente el 29 … ADA price - Hoskinson leaks that Cardano-Ethiopia deal was signed by minister - Fintech Zoom. People from all walks of life – men and women alike – are making this thing happen, and they’ve all been chipping in since Day One. On March 1st, Cardano launched their “Mary” protocol update. Cardano is about a wholly unified community. But given that the real driver for the current crypto push is the NFT craze where smart contracts are getting so much mainstream buzz, Chauhan’s real contribution – which is much bigger than being some nebulous and impossible “first” – will come in the form of popularizing ADA smart contracts and NFTs. Thus, Chauhan cannot realistically lay claim to being the first female ADA stake pool owner. Bill Gates Issues Serious Bitcoin Warning As Tesla Billionaire Elon Musk Stokes Crypto Price 'Mania'. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. And of course, in the spirit of crypto itself, most owners have no desire to be any less anonymous than they must. The best example of this, at least right now, is this recent story from Forbes contributor Tommy Williams. It’s good fluff, helpful fluff, even necessary fluff, but it’s fluff all the same. Together, they are two of the first female Cardano stake pool operators, of which there are possibly hundreds. Besides Ethiopia, the Cardano team is exploring expanding to other African countries with plans to set up a lab. Fluttering Ethiopia flag on colorful cloudy sky background. Per the MoU’s data, Charles will be developing a digital payment system for the Ethiopian government to onboard all Ethiopians looking for a not only efficient but also a secure platform to send and receive cash . Frankly, that’s the main point we’d like to make: Cardano isn’t about individual firsts broken down by name, color, shape, size, preference, sex, or any other random consequence of birth. Thanks for watching! Local reports confirm that the system is based on Cardano’s Atala PRISM. SEC Commissioner Hester Peirce Wants To Clear The Way For Token Fundraising, How Copy-Trader Platforms Are Capitalizing On The Crypto Boom, Expect More Bitcoin On Balance Sheets, As Paypal, MicroStrategy Fidelity And Walmart Sound Off On Blockchain. The first of Charles Hoskinson’s “birds” has landed in Ethiopia. "It has had a highly impressive run in recent weeks and there’s no reason why this will not continue. Ethiopia also has great potential, but in my opinion; the rumored partnership with Ethiopia would actually be bad for Cardano & Crypto. Local reports confirm that the system is based on Cardano’s Atala PRISM. IOHK, the company behind the Cardano blockchain, is in the final stages of securing a huge government contract in Africa. March 16, 2021 by Chris. It’s been just revealed that the former Ethereum Co-Founder, Founder of Cardano and CEO of IOHK, Charles Hoskinson, announced the launch of an enterprise blockchain framework that aims to provide financial services to billions of people living in African countries. We are legitimately inspired by Chauhan for operating a stake pool (we’re inspired by anyone operating a stake pool), and we’re even more inspired by the fact that she’s made it her business to code for – and to teach others to code for – Cardano smart contracts through her Lovelace Academy. Nevertheless, in the interest of transparency – which, ironically, is what blockchains are all about – there is functionally no way Chauhan is the first female Cardano stake pool operator. Follow me on Twitter @billybambrough or email me on billyATbillybambrough.com. Indeed, it’s our fervent hope that Chauhan parlays that latter into her notoriety as the former, as ADA smart contracts – and, more importantly (in the short term, anyway), Cardano NFTs – are sure to provide a major shot in the arm for the network as it solidifies its place atop the crypto leaderboard. Cardano is decentralized, democratized, and accessible to everyone. In 2018 Cardano teamed up with the Ethiopian government so Cardano can deploy their technology in a variety of industries throughout the country. Of course, with that hype – which is very real and very well-deserved – there’s going to be some fluff. See, by the time Cardano stake pools started creating blocks with Epoch 211, there were over 1000 stake pools in operation. “Chauhan is the first female Stake Pool Operator on Cardano. And as the Ethiopian Ministry of Peace announced yesterday via Facebook, a national identification system seemed to be the first “big news”… Local voices stated that the system is based on Cardano’s Atala PRISM. What Is Hoskinson’s Net Worth? In recent days, the Cardano inventor has repeatedly used the analogy of birds for upcoming announcements. After multiple delays and speculation, it could finally be coming in April: the long-awaited “Africa Special”. As well as the growing NFT market, ethereum has benefitted from the rise of decentralized finance (DeFi)—using cryptocurrency technology to recreate traditional financial instruments such as interest, known as "yield," and insurance. Cardano is also supported by two sister organizations, Emurgo and the Cardano Foundation, which means that IOHK’s revenue does not account for all of Cardano’s activity and funding. The result is that interest in crypto – and thus, interest in Cardano as one of the most popular cryptos on Earth – is only going to increase. Charles Hoskinson, CEO and founder of Cardano tweeted on 3rd […] Celebrated for its third year, this event was created to offer a “definitive accounting” of those companies using blockchain technology and cryptocurrencies. We’re not here to take anything away from Chauhan. I‘d love to see Ethiopia healing and implement Cardano and ADA on their way back, but I … "Another key milestone in the Goguen rollout, the update introduces native tokens and multi-asset support, bringing exciting new use cases for cardano.". Getty Former Ethereum Co-Founder, Founder of Cardano and CEO of IOHK, Charles Hoskinson, announced the launch of an enterprise blockchain framework that aims to provide financial services to billions of people living in African countries. Cardano (ADA) has risen 93% over a seven day period leading up to Sunday. As the founding editor of Verdict.co.uk I reported. and making it the third-largest cryptocurrency behind bitcoin and ethereum. Similarly, my previously mentioned acquaintance (who is, for the record, not related to ADA Strong), is also not the first female Cardano stake pool operator. That said, it is a good bit of PR for ADA. 300% occurred during February alone. NFTs, after all, are proving to be the gateway to a new era of crypto understanding. In his writeup imploring readers to “Meet 30 Inspirational Women This Women’s History Month,” Williams included this short bio of tech entrepreneur Shweta Chauhan. You may opt-out by. The cardano price has soared in recent weeks, with cardano breaking into the cryptocurrency top ... [+] three, behind just bitcoin and ethereum. They’re all tied for first place, but none stands alone at the top of the hill. Forbes reported that ethereum and cardano co founder, charles hoskinson, has announced the launch of an enterprise blockchain framework in collaboration with the government of ethiopia. Ethiopia’s Ministry of Peace has announced the launch of a national identification system. This is designed to turn the company into a multi-asset network similar to Ethereum. Chauhan is in a fairly unique position to make that happen, and we hope she knocks it out of the park. Many of the biggest DeFi projects are built on top of ethereum's blockchain, pushing the ethereum price higher as users flood the network. © 2021 Forbes Media LLC. She is the CEO of kBlocks Stake Pool and is the Co-founder of Lovelace Academy…a platform co-founded by her specifically to teach “How to build Smart Contracts on Blockchain.”. The first of Charles Hoskinson’s “birds” has landed in Ethiopia. Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. ADA is currently the fourth most-traded cryptocurrency in the world, and with the announcement today that Coinbase is bringing ADA trading to its Coinbase Pro exchange, things could get even more interesting in a hurry. NFTs, framed correctly, are the most powerful and concrete metaphors for crypto utility outside of trading, hodling, and making a quick buck. Forbes Calls Cardano Entrepreneur One Of 2021’s Most Inspirational Women. John O’Connor, Director of African Operations at IOG, revealed at the time that the company of Cardano inventor Charles Hoskinson was in the final stages of a government contract in Ethiopia to bring several million users onto the Cardano blockchain. Cardano is probably at the bottom of their list of priorities right now. But what’s even better is the fact that Shweta Chauhan isn’t the first female Cardano stake pool owner. Cardano's price surge has catapulted it to prominence in the cryptocurrency community over recent weeks. Forbes recently addressed the subject in one of their articles. Share on Facebook Share on Twitter Ethiopia’s Ministry of Peace has announced the launch of a national identification system. What Happened: ADA has pushed past the psychologically important … Charles Hoskinson, CEO of IOHK and founder of Cardano, announced the launch of Atala, an enterprise blockchain aimed at helping governments in developing countries build systems for voting, property registration, and supply chain, as reported by Forbes contributor Rachel Wolfson. Bitcoin Price Prediction: How Far Could The Bitcoin Bull Run Go? The update will allow cardano to support traditional-currency-pegged stablecoins and let users create non-fungible tokens (NFTs)—a way to prove ownership and authentication of everything from social media posts to digital art using public blockchains—which have exploded in popularity in recent weeks. As Charles Hoskinson, the inventor of Cardano, revealed in an AMA yesterday, the world’s largest deployment of blockchain in Ethiopia could soon become a reality. To lead its initiatives on the continent, Cardano tapped John O’Connor to set up headquarters in Addis Ababa, Ethiopia, with ambitions to expand into Uganda, Kenya, and South Africa. Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies. Aproximadamente hace 3 horas Tweet ADA price - Hoskinson leaks that Cardano-Ethiopia deal was signed by minister Fintech Zoom ; price Hoskinson leaks that Cardano-Ethiopia deal ADA-Ethiopia Deal Now Awaits Gov't Signature, Says Hoskinson By CoinQuora - Investing.com . Ownership of these pools requires neither public disclosure of identity nor disclosure of gender unless the owners themselves wish to broadcast that information. This post announced the first operational test of the new national citizen identification system. For Forbes to claim Chauhan is the first woman to operate an ADA stake pool – without understanding that hundreds of pools all launched simultaneously all over the world, many of which have female owners or co-owners as an immutable matter of actual fact – is a bit disingenuous. Cardano and the Ethiopian government have signed a memorandum of understanding; The new token will either be based on Cardano or run on Cardano itself; Cardano (ADA)’s lead developer has announced plans to create a government-backed utility token for the Ethiopian government. For some time now, there have been talks between Cardano team and the Ethiopian Government. The cardano price has soared in recent weeks, taking cardano to a total value of over $40 billion ... [+] and making it the third-largest cryptocurrency behind bitcoin and ethereum. Cardano could, quite realistically, become an increasingly dominant rival to bitcoin, ethereum and tether. Cardano, now the third-biggest cryptocurrency after bitcoin and ethereum, has soared in recent weeks—outpacing even bitcoin's massive rally. Now, as the cardano network bobs around a total value of $40 billion, developers are gearing up for the launch of a major update on Monday—designed to make it into a multi-asset network similar to ethereum. Still, we’d be remiss not to point out that the first part of the Forbes claim – though indeed inspiring – is not actually true. In conversation with Forbes, Hoskinson mentioned the possibility of connecting Atala and Cardano: “[Ethiopian] farmers need to be in a supply chain system to adhere to international mandates. It all stems from a Facebook post on the official profile of the country’s Minister of Peace. AdaStrong Cardano Stakepool ), the sky really is proving to be the limit for crypto in general and ADA in particular. All Rights Reserved, This is a BETA experience. Rumours have begun to circulate that Ethiopia’s new national identification system is based on Cardano. Many … have no desire to use cryptocurrency, but once they are in a supply chain, they are in a network. With the progress made by the Cardano blockchain in meeting its roadmap benchmarks – coupled with the newfound mainstream interest in NFTs, or non-fungible tokens (thanks, NBA! Now, there’s absolutely no question that Chauhan should be lauded for being involved in the Cardano community and helping drive attention to – and adoption of – the best cryptocurrency platform in the world. Cardano and other potential rivals to ethereum, including the sixth-largest cryptocurrency by value, polkadot, are currently jostling for DeFi, NFT and stablecoin market share as ethereum struggles with slow transaction times and sky-high fees. At the end of February of 2021, Forbes reported that Cardano’s price surged 2,000% over the previous 12-month period. Ethiopia is in a civil war with 2.5 mio internally displaced, 4.5 mio in need for aid and massacres occuring almost daily. Since then, there has been plenty of speculation, as well as unforeseen, bureaucratic delays. The cardano price has surged a blistering 2,000% over the last 12 months, adding 300% in the last month alone. According to Hoskinson, IOG didn’t “piss off” Coinbase; rather, the IPO is currently the defining issue at … The collaboration will focus particularly on Ethiopia’s biggest export, coffee beans, with the goal of increasing supply chain transparency. Everyone is riding the crypto wave lately, and nobody’s riding it harder than ADA holders who’ve seen their investments in the platform skyrocket over the past several months. According to John O’Connor, the director of African Operations at IOHK, the project could add millions of users to Cardano for real-world blockchain implementation. Known as “Atala” (named after a butterfly that resides … With the latest declaration, exciting news seems to be underway for the community. admin@adastrong.com "We can today confirm that the ‘Mary’ cardano protocol update is now fully confirmed for March 1," the Cardano core development team, Input Output HK (IOHK), said via Twitter this week. ", I am a journalist with significant experience covering technology, finance, economics, and business around the world. Bitcoin And Ethereum Are Being Left In The Dust By Dogecoin As The Memecoin Price Suddenly Rockets—Is $1 Possible? The Cardano based project in Ethiopia is postponed by a new review. I'm not going to get into the details of what's going on in Ethiopia right now, it's all over the news for you to look up yourself and far too depressing for me to read. Opinions expressed by Forbes Contributors are their own. Everyone is riding the crypto wave lately, and nobody’s riding it harder than ADA holders who’ve seen their investments in the platform skyrocket over the past several months. Should Chauhan take advantage of her Forbes writeup to promote awareness of and technical access to developing ADA smart contracts specifically (which does seem to be her goal), she will truly be a groundbreaking part of Cardano’s continuing – and accelerating – rise to prominence. In recent days, the Cardano inventor has repeatedly used the analogy of birds for upcoming announcements. The plan, to be accomplished in collaboration with the government, should streamline payments systems in Addis … And that community is as diverse as it gets, which is exemplified by the very approach Cardano takes with its Catalyst program. I write about how bitcoin, crypto and blockchain can change the world. Cardano is a cryptocurrency network and open source project that aims to run a public blockchain platform for smart contracts. As stated by John, the project Cardano is implementing in Ethiopia and Tanzania is close to completion. Through an AMA session, Cardano CEO Charles Hoskinson divulged details of his Memorandum of understanding (MoU) with the Ethiopia government. The Cardano blockchain will potentially power the Ethiopian national citizen identification system, among other operations. The Leukemia & Lymphoma Society BrandVoice, A WEF Exec Made A ‘Dramatic’ Bitcoin Warning Amid Coinbase-Fueled Bitcoin Price Mania, Dogecoin Is Holding On To Its Blistering 3,000% Price Gains—For Now. Florida, USA, this recent story from Forbes contributor Tommy Williams, there were over 1000 stake pools in operation, exemplified by the very approach Cardano takes with its Catalyst program, Cardano Mary Hard Fork Scheduled For End Of February, ADA Hits All-Time High As Coinbase Goes Public, Cardano D-Day Charges The Beachhead Of Crypto Centralization, Hoskinson Inspires, Biden Disappoints, ADA Price Surges, Be Careful Of Pool Saturation As New ADA Delegates Jump In. Via its Twitter handle, the VeChain Foundation announced VeChain was mentioned in 2021 Forbes Blockchain 50. Ethiopia prospering concept. The new electronic system seeks to identify every citizen and resident in Ethiopia reliably. IOHK making major strides in Africa with real-world blockchain solution built on Cardano. While it should be explicitly noted that Cardano is not mentioned in the interview, it nevertheless shows Ethiopia’s path to a digital society, where Cardano will probably play some role with its Atala PRISM identity solution, according to current knowledge. A taste of the use cases Cardano could fulfill in Ethiopia was provided by Prime Minister Abiy Ahmed in a recent interview. According to Hoskinson, it is likely that there will be […] There can be no individual firsts for ADA, because we’re all in this together. Heck, we personally know at least one woman who operates an ADA stake pool – and who has operated that pool from the moment ADA pools were a thing – and her name isn’t Shweta Chauhan. Cardano's upgrade comes as the ethereum price has rocketed over the last year, smashing through its early 2018 highs. As a result, its total value approached the $40 billion mark. Charles Hoskinson’s net worth is estimated at $500-$600 million. 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