and making it the third-largest cryptocurrency behind bitcoin and ethereum. Ethiopia prospering concept. As the cardano network bobs around a total $40 billion, developers are gearing up for the launch of a major update on Monday—designed to make it into a … To lead its initiatives on the continent, Cardano tapped John O’Connor to set up headquarters in Addis Ababa, Ethiopia, with ambitions to expand into Uganda, Kenya, and South Africa. Follow me on Twitter @billybambrough or email me on billyATbillybambrough.com. I'm not going to get into the details of what's going on in Ethiopia right now, it's all over the news for you to look up yourself and far too depressing for me to read. For Forbes to claim Chauhan is the first woman to operate an ADA stake pool – without understanding that hundreds of pools all launched simultaneously all over the world, many of which have female owners or co-owners as an immutable matter of actual fact – is a bit disingenuous. 300% occurred during February alone. "Cardano is a rising star in the booming crypto sector," Nigel Green, the chief executive of financial advisory group deVere, said earlier this month alongside an announcement the deVere cryptocurrency exchange had added cardano to its supported digital assets. Cardano. We are legitimately inspired by Chauhan for operating a stake pool (we’re inspired by anyone operating a stake pool), and we’re even more inspired by the fact that she’s made it her business to code for – and to teach others to code for – Cardano smart contracts through her Lovelace Academy. People from all walks of life – men and women alike – are making this thing happen, and they’ve all been chipping in since Day One. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. As a result, its total value approached the $40 billion mark. Opinions expressed by Forbes Contributors are their own. As the founding editor of Verdict.co.uk I reported on how technology is changing business, political trends, and the latest culture and lifestyle. Heck, we personally know at least one woman who operates an ADA stake pool – and who has operated that pool from the moment ADA pools were a thing – and her name isn’t Shweta Chauhan. NFTs, framed correctly, are the most powerful and concrete metaphors for crypto utility outside of trading, hodling, and making a quick buck. The Cardano based project in Ethiopia is postponed by a new review. Bill Gates Issues Serious Bitcoin Warning As Tesla Billionaire Elon Musk Stokes Crypto Price 'Mania'. In recent days, the Cardano inventor has repeatedly used the analogy of birds for upcoming announcements. AdaStrong Cardano Stakepool In recent days, the Cardano inventor has repeatedly used the analogy of birds for upcoming announcements. I write about how bitcoin, crypto and blockchain can change the world. Ethiopia - the second most populous country in Africa - is a one-party state with a planned economy. Getty Former Ethereum Co-Founder, Founder of Cardano and CEO of IOHK, Charles Hoskinson, announced the launch of an enterprise blockchain framework that aims to provide financial services to billions of people living in African countries. Cardano's price surge has catapulted it to prominence in the cryptocurrency community over recent weeks. Local reports confirm that the system is based on Cardano’s Atala PRISM. Besides Ethiopia, the Cardano team is exploring expanding to other African countries with plans to set up a lab. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. Still, we’d be remiss not to point out that the first part of the Forbes claim – though indeed inspiring – is not actually true. Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies. The cardano price has soared in recent weeks, with cardano breaking into the cryptocurrency top ... [+] three, behind just bitcoin and ethereum. The update will allow cardano to support traditional-currency-pegged stablecoins and let users create non-fungible tokens (NFTs)—a way to prove ownership and authentication of everything from social media posts to digital art using public blockchains—which have exploded in popularity in recent weeks. Cardano and the Ethiopian government have signed a memorandum of understanding; The new token will either be based on Cardano or run on Cardano itself; Cardano (ADA)’s lead developer has announced plans to create a government-backed utility token for the Ethiopian government. Coinbase Is Going Public - Will This Create Further Crypto Differentiation. At the end of February of 2021, Forbes reported that Cardano’s price surged 2,000% over the previous 12-month period. SUBSCRIBE if you enjoy these type of videos! Cardano is about a wholly unified community. "It has had a highly impressive run in recent weeks and there’s no reason why this will not continue. The Cardano blockchain will potentially power the Ethiopian national citizen identification system, among other operations. A taste of the use cases Cardano could fulfill in Ethiopia was provided by Prime Minister Abiy Ahmed in a recent interview. Cardano could, quite realistically, become an increasingly dominant rival to bitcoin, ethereum and tether. Cardano, now the third-biggest cryptocurrency after bitcoin and ethereum, has soared in recent weeks—outpacing even bitcoin's massive rally. It all stems from a Facebook post on the official profile of the country’s Minister of Peace. Since then, there has been plenty of speculation, as well as unforeseen, bureaucratic delays. Many of the biggest DeFi projects are built on top of ethereum's blockchain, pushing the ethereum price higher as users flood the network. Nevertheless, in the interest of transparency – which, ironically, is what blockchains are all about – there is functionally no way Chauhan is the first female Cardano stake pool operator. Cardano is decentralized, democratized, and accessible to everyone. According to Hoskinson, IOG didn’t “piss off” Coinbase; rather, the IPO is currently the defining issue at … Cardano is also supported by two sister organizations, Emurgo and the Cardano Foundation, which means that IOHK’s revenue does not account for all of Cardano’s activity and funding. The Leukemia & Lymphoma Society BrandVoice, A WEF Exec Made A ‘Dramatic’ Bitcoin Warning Amid Coinbase-Fueled Bitcoin Price Mania, Dogecoin Is Holding On To Its Blistering 3,000% Price Gains—For Now. This post announced the first operational test of the new national citizen identification system. As the founding editor of Verdict.co.uk I reported. The first of Charles Hoskinson’s “birds” has landed in Ethiopia. Forbes Calls Cardano Entrepreneur One Of 2021’s Most Inspirational Women. Fluttering Ethiopia flag on colorful cloudy sky background. According to John O’Connor, the director of African Operations at IOHK, the project could add millions of users to Cardano for real-world blockchain implementation. Ethiopia’s Ministry of Peace has announced the launch of a national identification system. What Happened: ADA has pushed past the psychologically important … Bitcoin Price Prediction: How Far Could The Bitcoin Bull Run Go? Share on Facebook Share on Twitter Ethiopia’s Ministry of Peace has announced the launch of a national identification system. "Another key milestone in the Goguen rollout, the update introduces native tokens and multi-asset support, bringing exciting new use cases for cardano.". It is in the news again after Founder Charles Hoskinson recently shared a few updates on Cardano’s strategy in Africa. And that community is as diverse as it gets, which is exemplified by the very approach Cardano takes with its Catalyst program. admin@adastrong.com NFTs, after all, are proving to be the gateway to a new era of crypto understanding. ", I am a journalist with significant experience covering technology, finance, economics, and business around the world. Many … have no desire to use cryptocurrency, but once they are in a supply chain, they are in a network. The cardano price has soared in recent weeks, taking cardano to a total value of over $40 billion ... [+] and making it the third-largest cryptocurrency behind bitcoin and ethereum. According to Hoskinson, it is likely that there will be […] With NFTs, the general public is starting to embrace the concept of tying digital goods to virtual assets as a way of representing real-world ownership. Cardano is probably at the bottom of their list of priorities right now. 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