Cardano Is On To Something Big As It Plans Bitcoin Integration
Cardano is accelerating its move toward integrating with Bitcoin to boost its liquidity and enhance the ecosystem of the world’s largest blockchain by market cap. Cardano founder Charles Hoskinson also...
- Cardano is accelerating its move toward integrating with Bitcoin to boost its liquidity and enhance the ecosystem of the world’s largest blockchain by market cap.
- Cardano founder Charles Hoskinson also revealed working with key figures within the Trump administration as they explore more financial and non-financial utilities for blockchain technology.
Something big is brewing at Cardano (ADA), which could see its resurgence beyond its all-time high. Charles Hoskinson, Cardano founder and CEO of IOHK, Recently shed more light on the network’s rumored push into the Bitcoin (BTC) ecosystem.
In separate interviews with Scott Melker of The Wolf of All Streets Podcast and David Gokhshtein of Gokhshtein Media, Hoskinson confirmed that Cardano is accelerating its expansion into the $1.7 trillion Bitcoin ecosystem. The crypto personality discussed how they are utilizing BitcoinOS and BOS Grail Bridge to enhance the interoperability and scalability of the blockchain holding the world’s most expensive digital asset. The move would also allow Cardano to tap into BTC’s vast liquidity.
All these could be achieved without introducing any changes to Bitcoin’s consensus protocols. The ZK (zero-knowledge)-powered operating system unlocks the chain’s capability to see, verify, and leverage compute beyond its base layer.
In addition, Hoskinson touched on his recent talks with Sergey Nazarov, Chainlink’s co-founder. The two explored the possibility of integrating Chainlink (LINK) with Cardano. This comes after news broke that Chainlink has been working on a generalized Oracle solution for UTXO-based DeFi applications, opening up potential links with Bitcoin, Litecoin (LTC), and Dogecoin (DOGE).
Speaking of Dogecoin, Hoskinson likewise hinted at ongoing efforts for future collaboration with the OG meme coin chain. Details about their plans are scarce at this point, but the partnership could spell a boost in the ecosystems of the ADA and LINK networks. It could pave the way for enhanced liquidity and unlock more use cases for the Cardano chain.
Active Role in the US Government
Despite his claim of getting caught off-guard by the surprise announcement of Cardano’s inclusion in the US government’s planned digital assets stockpile, Hoskinson suggested in the interview that he’s been advising key figures within US President Donald Trump’s administration.
Along the way, the Cardano founder revealed that the legislature is further studying more financial and non-financial use cases for blockchain. The non-financial utilities they are investigating include the potential uses of the technology in safeguarding election integrity, advancing land registration, and storing academic credentials.
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Giancarlo is an economist by profession with a career spanning nearly two decades. His professional journey has seen him assume vital roles in various government and private organizations such as the Department of the Interior and Local Government (DILG), the National Economic and Development Authority (NEDA), Megaworld Corporation, and the China Banking Corporation in the Republic of the Philippines. In addition to his civic and corporate pursuits, his forward-thinking approach has led him to manage several prominent websites in the banking and finance sector, notably the Australia-based RateChoice, where he immersed himself in the world of emerging financial technologies and where he found particular interest in Bitcoin all the way back to 2013. Prior to his addition to Blockzeit’s dynamic team, he held an essential role as Project Manager for initiatives encompassing blockchain, stablecoin, mining, special economic zone development, and iGaming. This noteworthy chapter in his career unfolded under the auspices of InPlan Consultancy Services, Inc., the think-tank of IMPERO Consortium Management Corporation headquartered in Manila, Philippines, and Tokyo, Japan. InPlan, led by a distinguished retired Cabinet member of the Philippines, collaborates directly with IMPERO's core management team, contributing to strategic planning and business development endeavors.
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