Cardano’s Charles Hoskinson Reveals Key Updates On The Project

By Kapil Gauhar

These are the exciting times for sure for the Cardano (ADA) distributed ledger technology project as well as the holders of the ADA altcoin, as the team has disclosed that it’s endeavoring to make a few things happen that will support adoption as well as development of the Cardano ecosystem.

According to the reports, the Cardano team effectively finished the OBFT upgrade on February 20, 2020, a major milestone that establishes a strong foundation for the happening of the Shelley era.

In the most recent broadcast by Hoskinson, the very reputed mathematician categorically expressed that the smooth execution of the OBFT hard fork is an enormous moment for the Cardano Foundation in general, and if all goes according to the plan, then the Shelley testnet will go live before the finish of March 2020.

Furthermore, Hoskinson has additionally indicated that the group is working nonstop to make the launch of the Shelley testnet as frictionless as could reasonably be expected. All things considered, it intends to execute the Byron reboot by the mid March.

Earlier in January 2020, there were reports that Cardano has inked an association deal “Big Four” professional services firm, PwC, in an offer to promote ADA adoption.

Hoskinson says –

“Cardano will organize a blockchain workshop in collaboration with PwC from March 6, 2020.”

Having recently signed a MoU (Memorandum of Understanding) with the legislature of Ethiopia for the integration of blockchain into the operation of the nation’s AgriTech industsry, Hoskinson says he will head to Tanzania one month from now to sign another partnership deal with the East African country.

Hoskinson has likewise uncovered that he will travel other African nations including South African, and Rwanda, to talk about blockchain adoption with their political pioneers.

In January 2020, the commercial arm of Cardano, EMURGO, has set up a vital blockchain taskforce with Uzbekistan’s National Agency of Project Management and other top firms.

Cardano’s native altcoin is right now the eleventh biggest digital currency on the planet. The cost of Cardano (ADA) sits at $0.058364, with a market capitalization of $1.51 billion, as observed on CoinMarketCap.