Logo
Cardano Ecosystem

Crypto News Flash (EN)

05/24/2023

·

163 views


Cardano Partners With Blockchain-Based Mobile

World Mobile collaborates with Cardano to connect to the unconnected places in the world. Cardano’s Charles Hoskinson lauds the partnership in a tweet.  Cardano (ADA) has sealed another partnership as...

Cardano Partners With Blockchain-Based Mobile

  • World Mobile collaborates with Cardano to connect to the unconnected places in the world.
  • Cardano’s Charles Hoskinson lauds the partnership in a tweet. 

Cardano (ADA) has sealed another partnership as pioneering telecommunications company World Mobile leverages its blockchain for global expansion. This has been confirmed in a tweet by Charles Hoskinson, the founder of Cardano and CEO of IOHK (Input Output Hong Kong), as he expressed his excitement about the collaboration.

I’ve always been proud of the wonderful collaboration between WMC and IOG as well as their work utilizing Cardano. Cardano was built for these types of applications that require scale, interoperability, and identity. Banking the unbanked requires connecting the unconnected.

According to Hoskinson, Cardano prioritizes such initiatives as it aims to provide connectivity and financial services to the unbanked population. 

Micky Watkins, CEO of World Mobile also announced that the company’s exciting move is part of its efforts to expand to more jurisdictions. In his statement, the company is working to achieve its mission of “connecting the unconnected and serving the underserved.”

As of now, World Mobile is now on four continents.

We’re using both licensed and unlicensed spectrums and our sharing economy is at least equal or surpasses any other De-Wi in the ecosystem. Our upgraded testnet and consensus are almost operational and our community is unstoppable. Making our move into the US, we’re proud to have built a self-sustaining sharing economy primed for expansion across Africa and beyond.

We’re an entirely different kind of beast, poised to drive mass adoption, built on a solid, profitable business model, something this space is missing. Together, we are already disrupting the telecoms industry and by linking the unconnected, we are creating a new equally lucrative market.

Cardano considering other areas for partnership

Recently, Cardano announced a partnership with Swiss-based fintech Acredius to enable it to deploy smart contracts on the Cardano ecosystem. This simply means Acredius customers would be able to take advantage of Cardano’s token (ADA) to invest in small and medium Swiss enterprises.

The partnership demands that Cardano users get access to the “Secondary Market” module of Acredius to make their holdings more liquid. Another important merit of this collaboration is that Acredius would join the dApps ecosystem of the Cardano (ADA) blockchain. In this case, retail investors and SMEs would be able to access easy-to-use tokenization in their fundraising procedure.

It is also hinted that Cardano may now focus on Artificial Intelligence projects as Hoskinson recently disclosed a concept of using ChatGPT in medicine. Its current partnership with World Mobile adds more real-world use cases to the network. 

Ghassen Benhadjsalah, co-founder and CEO at Acredius, commented on the partnership.

We are excited to join forces with Cardano, a leader in the blockchain space. This collaboration will benefit both parties and ease access to marketplace lending (…) Our client’s needs and expectations are evolving. We strive to be at the forefront of innovation in the marketplace lending industry.

Last year, World Mobile started a mission of connecting to the rural areas in Africa using balloons. The company reportedly started with Tanzania as it deployed $350 million for connectivity in the continent.

Subscribe to our daily newsletter!

          No spam, no lies, only insights. You can unsubscribe at any time.

ADA currently has a bullish market sentiment. However, the asset has surged by 0.3 percent in the last seven days to trade at $0.366817. 

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Crypto News Flash (EN)

ORIGINAL SOURCE

https://www.crypto-news-flash.com/cardan...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from Crypto News Flash (EN)

See more
Cardano Founder Hoskinson's Vision for 2030: A Bold ADA Prediction Unveiled
Crypto News Flash (EN)
Cardano Founder Hoskinson's Vision for 2030: A Bold ADA Prediction Unveiled

last Friday at 4:31 PM

·

19 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)