Cardano Latest News – Top Headline for Cardano ADA, January 23rd, 2020

  • Cardano strikes two partnership deal at the Davos event
  • Cardano Foundation supports Berkman Klein Center with Research grant
  • Georgia to be the first country in Europe to introduce blockchain technology

Cardano News Update – Charles Hoskinson’s participation at the Davos World Economic Forum 2020 seems to be paying off. During the event, new partnerships were made, and existing collaborations were strengthened. Cardano already got two new partners during the first two days of the event.

Going by Cardano latest update on Youtube, Cardano announced that it has signed a partnership deal with ScanTrust. The collaboration is focused on developing a proof of concept for the rational packaging solutions of ScanTrust for the Cardano Connector, a blockchain tool for product originality and genuineness.

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ScanTrust provides a copy-proof QR Code solution, which is utilized for supply chain tracking. Previously in 2019, SacnTrust procured a $42 million Series A round managed by Credit Suisse and Innogy Ventures. So far, ScanTrust’s technologies have a good record for been used to trace the supply chain and shield against copying by several companies. Most of ScanTrust’s customers are big Western companies like Unilever, ABINBev and Dow Chemicals who want to shield their brands in China. Also, the company has worked with Hyperledger.

ScanTrust believes Cardano will aid and improve efficient tracking, transparency, and trust but not as the major business. Comprehensive detail on the extent to which Cardano testnet suits this concept and what the proof of concept entails will be announced in the upcoming days.

Cardano News Update – Cardano Foundation supports Berkman Klein Center with Research grant

Cardano News – Cardano Foundation recently approved an application for a research grant from the Berkman Klein Center to “study blockchain governance”. Cardano’s partnership with the Berkman Klein Center of the prominent Harvard University was the talk of the blockchain sphere last year. The research is projected “to benefit Cardano as well as the entire crypto ecosystem”.

According to Cardano latest update from the Foundation, a press release will ensue shortly. Cardano’s CEO, Charles Hoskinson already responded to the news, he stated:

“Glad to hear that Harvard University will be conducting governance research that we can use for Cardano’s Voltaire release. Voting, improvement proposals and decentralized control are tremendous topics for research.”

Cardano News Update – Georgia to be the first country in Europe to introduce blockchain technology

Mamuka Bakhtadze, the Ex-Prime Minister of Georgia, who also attended the event, stated on Twitter that Georgia will be the first country to introduce the blockchain in the civil service and a test project in the education system supported by IOHK.

According to Cardano News Update, Cardano testnet will work to form a strong system for verification of approvals using blockchain technology. The Georgian government has recognized its university sector, and also the current efforts to guarantee comparability with university degrees across Europe, as one aspect where Cardano testnet will be utilized.

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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