![]() ![]() Just recently, Hoskinson tweeted an update for the stablecoin built by COTI Network on Cardano. Cardano did display decent progress this year. ![]() We’ve grown to about two million people.” Overall, it’s fair to say that the said exec is bullish on Cardano’s future as he further stated, “We’re staging things appropriately, and we’re starting to see a refinement of the science of things. Peer-to-peer is currently being tested with the stake pool operators on the testnet, and there’s lots of stuff happening there.” We have pipelining that needs to come in, input endorsers that need to come in. “When you look at things like enhancing Plutus, there’s already three CIPS as a result of the work we’ve done with developers that need to come in. This would increase institutional traction. He said, “a formal open-source project structure is going to be formed, kind of like Hyperledger to Linux”. Moving on, he also shed light on major technical milestones as well. “It’s permission-less, and you can’t shut it off once that’s happened. It opens up a thousand conversations, what’s a good identity? What’s a good credit score? What other products and services should exist in the realfi (real finance) space in Africa? And how do we spread this across all of Africa? That’s the dream,” he asserted. This might revolutionize traditional finance. One thing is certainly comes across from his statements, that Africa plays a vital role in Hoskinson’s vision for the next year. They pay it back, goes to the other side.“ Peer-to-peer, person-to-person, click a button, loan goes to them. So that a for real person in Kenya or somewhere with a blockchain-based identity and credit score, stablecoin on the other side, Cardano is the settlement rail. “My goal for the second half of 2022 is to figure out how to put all the pieces together to get an end-to-end microfinance transaction on Cardano. In a YouTube video released on Christmas Eve, Hoskinson talked about achieving end-to-end microfinance transactions on Cardano. These goals are typical, or some may say, ambitious.Ĭharles Hoskinson, Co-Founder and CEO of IOHK, the company responsible for building Cardano, outlined his vision and IOHK’s goals for Cardano in 2022. Every year, business leaders set goals for the new year. It is time to close the book on yet another year gone by. The new year is right around the corner, and you know what that means. ![]()
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