Time to Buy Cardano (ADA) While It is Trading in The Red Zone – Cardano (ADA) Blockchain Explorer Seiza

The founder of Cardano and CEO of IOHK – Charles Hoskinson – has been strongly behind the blockchain project. He is a very outspoken bull and he has taken the crypto project to a great height.

Recently, the CEO announced the launch of Atala. This was disclosed by Rachel Wolfson – Forbes contributor. According to the announcement, Atala is an enterprise blockchain that is designed to help governments in developing nations to create systems for property registration, voting, and supply chain.

The CEO announced the launch of the project on the 30th of April, and the project is similar to the open source Hyperledger Fabric of IBM. Atala will come in very handy for governments that want to create digital systems for public goods, including localized currencies. Atala will serve as a framework and it comprises a group of libraries which would enable governments to create products for end users as quickly as possible.

Cardano (ADA) News – Atala to help governments in developing nations

According to the announcement, Atala aims to help governments in developing nations, especially Africa. The Ethiopian government will be the first to use the system. They want to use it to create a payment system in Addis Ababa – the capital of the country. If the first use case of the system goes smoothly, it will be introduced to other countries in Africa.

As the deployment and use cases of this system increases, the adoption of Cardano (ADA) will also increase. This will result in an increase in the price of Cardano (ADA).

Cardano (ADA) is one of the most active projects in the blockchain space. Cardano provides one of the most useful blockchains in the industry, and a lot of developers are thankful for this. While there are lots of developments and progress around the blockchain project, the price of Cardano (ADA) hasn’t been really impressive.

Cardano (ADA) Price Prediction 

Cardano price prediction 2019 has attracted many digital asset investors, but the current price of Cardano isn’t what they were expecting. However, Cardano still has the potential to test new highs in the short-term. The short-term Cardano price prediction is bullish enough and there are other positive buy signals around the coin. Will the price of Cardano recover? Is Cardano one of the best cryptocurrency to invest in 2019?

Cardano (ADA) Price Today – ADA / USD

Name Price24H (%)
Cardano (ADA)
$0.088271
-1.95%

Many digital asset investors and traders consider Cardano to be one of the best cryptocurrency to invest in 2019. This is because they believe in the potential of the digital currency and the bullish Cardano price prediction 2019. The immediate support of the coin is at the $0.0620 level. On the upside, the immediate hurdle of the coin is at the $0.0750 level. If ADA USD live price breaks over its major resistance level, it might hit the $0.1 level by the end of this month.

Cardano (ADA) News Today – Cardano (ADA) Blockchain Explorer Sieza

According to the latest Cardano news on todaysgazette; Cardano, through its partner, EMURGO, has however stepped up its zeal for greatness in the blockchain space. At the last IOHK summit which took place in Miami, USA on April 18, 2019, EMURGO announced the imminent launch of a blockchain explorer which is yet another prominent development for Cardano.

Tagged Seiza, the CTO at EMURGO, Nicolás Arquero, and Sebastien Guillemot, the R&D Engineering Lead made a detailed presentation about the upcoming release on the summit stage.

Seiza is an initiative of EMURGO which reveals its Japanese heritage. The sole aim of Seiza is to drive the adoption of Cardano. The block explorer is scheduled for release before the end of May 2019.

Sieza helps users search for data relating to past & pending transactions, blocks, transaction history, and other info associated with blockchain. The over 2.4 million validated blocks processed by Cardano blockchain is never a burden for the new blockchain explorer, as it allows ADA users track their transaction instantaneously.

Charles Hoskinson, CEO of IOHK, reiterated the need for transparency in the blockchain protocol of Cardano, adding that Seiza came in handy for Cardano. He said;

“I am excited to see that EMURGO has developed such a useful and innovative product for the Cardano community”

The CTO of EMURGO, Nicolas Arqueros, in his own statement disclosed the company’s commitment to the advancement of Cardano ecosystem. He said;

“Seiza is an essential user friendly tool that EMURGO was excited to develop to further the advancement of the Cardano ecosystem,”

Find All Facebook and Cryptocurrency, Ripple Ufc, Coin Stats, Bitcoin Surge, Nasdaq Crypto, XLM News, Canelo Jacobs Reddit, Nasdaq XRP Ripple Coin News in Smartereum.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.