By Davis Byrne (US)
Cardano Foundation, designed for the development of Cardano (ADA), is going to work with Konfidio, a Blockchain-based Venture Studio of Berlin, to expand its technology in real-world business startups and the development of big corporations as well as new frameworks.
The Cardano foundation was laid in 2016 by Charles Hoskinson and Michael Parsons to make new partnerships, improving commercial practices and the promotion of Cardano (CDA) cryptocurrency, with its adoption on large scale by the assistance of stakeholders.
While Konfidio is a venture studio and firm builder that came in the existence to implement blockchain technology in newly established business startups to facilitate their efficiency and security framework. The studio company was founded by Galen B. Evans and Dr. Mervyn G. Maistry in 2016.
The strategic alliance of two prominent foundations aims to provide services in various fields of emerging startups. The sectors which are in priority in the start are as follows:
- Logistics
- Banking
- Pharmaceuticals
- Financial services
Views of Konfidio CEO and Chairperson of Cardano Foundation
Nathan Kaiser- the chairperson of Cardano Foundation- speaks about its new strategic partnership that now Cardano will print its roots in Germany and Europe:
Also read:“Our strategic partnership with Konfidio is yet another tangible step towards promoting and advocating Cardano and, more importantly, driving its real-life use cases. Konfidio’s homebase, Berlin, is a major global blockchain center and its worldwide relevance will help us put the spotlight on our one-of-its-kind platform. Our collaboration will also afford the Cardano Foundation an increased visibility in Germany and Europe”
Dr. Mervyn G. Maistry, CEO of Konfidio said:
This strategic partnership will help the development of real-world Cardano-based applications. We will also be able to provide young entrepreneurs with a combination of business model expertise and state-of-the-art third generation blockchain as an option for their future startups. Our aim is to increase the understanding of the protocol in both corporate and startup environments and accelerate value-add for both Cardano, the blockchain community and our clients.
Conclusion
This collaboration between Switzerland and berlin based Corporates will lead the newcomer entrepreneurs to start their own business with blockchain layout. This will create a significant and powerful effect on the popularity of Cardano (ADA).
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