IOHK, the company in charge of the development of Cardano (ADA) will join the Hyperledger Project and W3C.

Cardano founder and CEO and IOHK co-founder Charles Hoskison, in a recent Cointelegraph interview, confirmed that the company will join the two organizations.

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It will help in the bidding process

Hoskinson believes that IOHK will benefit from their shared knowledge. He also believes that the partnership will give him an advantage in the bidding process:

„We’d like to start consolidating some of our business book ideas and getting them there, „A,“ because there’s a lot of knowledge in that circle. And „B,“ he helps us with the bidding process. When we’re deploying a system of permitting, government procurement and corporate procurement, a little more familiar with Hyperledger.

Hyperledger is an umbrella for various protocols of business-focused block chains, founded by the Linux Foundation. The World Wide Web Consortium, or W3C, is an international omisego in Immediate Edge, Bitcoin Era vs coinify, verify uk bank account Bitcoin Revolution, Bitcoin Circuit 45 coins, withdraw gbp wallet The News Spy, Bitcoin Billionaire face verification, Bitcoin Profit sg review, Bitcoin Code to binance how to, coinmama fees vs Bitcoin Evolution, how to buy bitcoin Bitcoin Trader working on the development of web standards.

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The business version of Cardano is part of the IOHK offer
IOHK’s contract with the Cardano Foundation expires at the end of the year, when the company will present its proposal for contract renewal to the community. An integral part of this proposal will be the roadmap for creating an entrepreneurial version of Cardano:

„One of the things we will explore is how to create an entrepreneurial version of Cardano… And we will make a proposal on this at the end of the year when we propose to the community the renewal of the IOHK contract for the next five years for Cardano. And there will certainly be an entrepreneurial component to that renewal. And we would love to pursue that strategy through the hydrological group of the Linux Foundation.

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Hoskinson also emphasized that Cardano’s design allows for easy switching between an unlicensed and a licensed mode:

„The way we designed Catano, we made it very easy to switch between an unlicensed and a licensed mode.“

Recently there has been a trend in the growth of various alliances and block chain associations led by Libra and Zeal.