Cardano News Today – Top Headline for Cardano ADA December 5th, 2019

  • Cardano Adds Two New Members to Its Governing Council to foster governing process
  • Third-generation Blockchain in The Making 

As on the 4th December, Cardano Foundations added two new members to its governing council. These members are Tamara Haasen and Nicolás Javier Arqueros Rojas. This update came ahead of the Foundation’s plan to switch transfer of custody of Smart contracts and Cardano rollout in 2020. The two new members will be joining Nathan Kaiser, Manmeet Singh, and Domino Burki in the council. Hassan is also a chief of staff at Input Output HK based in Toronto and Rojas is a chief technology officer at EMURGO based in New York.

Input-Output HK and EMURGO are part of the Cardano Foundation’s partners, all three of which are creating a decentralized ecosystem. The three units are exclusively separate in governance, ownership, and leadership.

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Speaking on the appointment of these new members, the chairman of the Cardano Foundation, Nathan Kaiser stated: “This year has been transformational for the Cardano Foundation on multiple accounts and 2020 promises to be even more monumental. We have built our team and grown our collective skillset. To continue our expansion, the new Council Members will empower the Foundation to have even more holistic decision-making, provide additional expertise and bring new perspectives.”

Third-generation Blockchain in the Making 

The Cardano Foundation is based in Zug, the foundation is in charge of guarding and promoting Cardano. And also to promote on behalf of the users and community of the protocol. Speaking on this, Kaiser declared that “Tamara brings business development and growth, systems integration and talent acquisition experience to the Foundation. Nicolás will provide his technical expertise based on his entrepreneurial engineering, startup, app development, and emerging market knowledge. Both Tam and Nico will be key to the progression of Cardano.”

Earlier this year, the Cardano foundation joined Global Digital Finance (GDF) to contribute to modeling standardization and governance of crypto policies. In October, the Cardano Foundation also partnered with COTI, a fintech company to create an ADA payment channel, to boost the ecosystem of its digital currency.

The Cardano foundation working with its goal to goal to reinforce and expand its highest supervisory body. Under the current Council’s leadership, the Cardano Foundation stretched its team to 16 locations across 12 countries and has fortified its communications, legal, technical, operational, administrative and community management roles by bringing new talent in vital departments.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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