- ADA plans approach suitable to enter Africa and Japanese market
- The 2020s is Cardano’s Decade – Charles Hoskinson
Charles Hoskinson the creator and IOHK CEO of Cardano (ADA) declares that IOHK has sent an official request to the Cardano Foundation’s board to have a concise and distinct Africa and Japanese strategy. According to Hoskinson, the Japanese approach will be based on acquiring liquidity, while the African approach will center on having Cardano delegate in all 52 countries in Africa.
In the recent episode of Ask Me Anything (AMA) 2 of 2020 held on January 3rd, Hoskinson declared that the project needs boots on the ground and projects in development to attain the projected goal. He stated that is quite significant to have Emurgo, IOHK, and the Cardano Foundation affiliated on the Continent to grow the adoption of Cardano (ADA).
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To aid this, Cardano is already working with African countries on the adoption of blockchain technology by developing a blockchain for governance in the region.
The 2020s is Cardano’s Decade – Charles Hoskinson
Charles Hoskinson claims that the 2020s are Cardano’s (ADA) decade. He stated that with the lined-up upadates, and the growing commitment of Cardano Foundation, surely this decade is meant for Cardano (ADA).
Answering several questions from the Cardano community during the AMA session, Hoskinson commented on the technologies lined-up in the 2020s, explaining the importance the digital currency plays. According to Hoskinson, the decade is projected to be a “dramatic proliferation of technology and cryptocurrencies”.
He stressed that the 2020s will be the decade for Cardano as the project is focusing on developing into a unique social and financial operating system. He stated that the incentives, technology, and commercialization are the major factors to observe in ADA to become a prominent digital currency project. He added that 2020 is the year of the recursive snark, as IOHK will be researching deep into technology from all angles. In partnership with Emurgo and the Cardano Foundation, the research firm, IOHK will develop a world-renowned marketing and commercialization concepts for the expansion of Cardano.
Hoskinson claims that the global economy will flop, a clue that “one or more African nations will likely join global governing bodies and enter the economic ranks of industrialized nations”.
In these periods, Hoskinson projects that cryptocurrencies will play a major role in bringing in new financial and social modality. Adding that the last decade could be the end of conventional media, paving way for sovereign creators to evolve while digital curators will likely be funded by cryptocurrencies. He went thus: “The continual adoption of open source technology means that ideas can flow more freely around the world.”