Sunday, October 2

Charles Hoskinson reveals Cardano’s 2022 roadmap

In a special Christmas transmission through Youtube the founder of IOHK and Cardano, Charles Hoskinson shared the details of the roadmap for 2022 of the cryptocurrency according to Mandy Williams en Crypto Potato.

Hoskinson reflected on the growth of Cardano and the entire crypto industry. He mentioned the non-fungible token (NFT) revolution, the rise of decentralized finance (DeFi) and how the hackers are targeting the DeFi projects, which has caused a lost of over $ 10.5 billion in 2021 alone.

Speaking about this year’s accomplishments, Hoskinson noted that more than “two million assets” in Cardano, most of which are NFT. He added that currently more than 127 projects they are writing code to build decentralized applications (dApps) on the web, with around 20-30 in the works to launch within the next three months.

Cardano’s goals for 2022

According to Charles Hoskinson, some of Cardano’s key plans for the coming year include the institution building that support the project and the launch of a formal open source project structure.

“Next year, what will happen is that a formal open source project structure will be formed, something like Hyperledger for Linux. We are going to see a lot of institutions connected, and all the people who are currently working on it will be new, including me, ”Hoskinson explained.

Empower African nations

Africa It has always been part of Cardano’s strategy and next year the project seeks to expand its presence on the continent.

Given that many countries in Africa still lack financial inclusion, Hoskinson revealed that the Cardano Foundation plans to “build a financial operating system” at second quarter of 2022 that will give Africans access to DeFi services.

“My goal for the second half of 2022 is to figure out how to put all the pieces together to get a transaction ofmicrofinance from start to finish at Cardano, ”Hoskinson said.

“For a real person in Kenya or somewhere with a blockchain-based identity and credit score, the stablecoin on the other side, Cardano is the liquidation lane. Peer to peer, person to person, click a button, the loan is for them. They put it back, and it goes to the other side, ”Hoskinson said.

The Cardano Foundation is taking steps to revolutionize and bring balance and equality to the world, focusing on Africa.

Previous agreements

Earlier this year, Cardano signed a association agreement with Tanzania to give residents access to social, digital identity and financial empowerment. In August, IOHK partnered with the Luxembourg European Business University to provide more educational options for students in African nations.

Reiterating Cardano’s long-term goal, the project founder noted that all the necessary equipment and tools that it lacked at the time are now available to achieve those goals.

Cardano is trading at 1.4591 and Ei indicators are mixed.

Learn how to invest in bitcoin and other crypto assets with the course that takes Investment Strategies

Leave a Reply

Your email address will not be published.