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You are here: Home / News / Altcoin News / Cardano CEO meets the European Development and Reconstruction Bank
Cardano

Cardano CEO meets the European Development and Reconstruction Bank

June 14, 2019 by Naveed Iqbal

One name that is doing everything possible to ensure mass adoption for blockchain technology, as well as a new digital life, is ‘Charles Hoskinson.’ Does the name seem familiar? Perhaps, if you’re a crypto enthusiast – who we guess you’re otherwise you won’t be here – then on several occasions, you must have come across the name.

Again, this time around Hoskinson, the co-founder of Cardano (ADA), Ethereum and the Input-Output Hong Kong (IOHK) has left something behind for the crypto community (especially Cardano lovers) to be excited about.

ERBD-Cardano Significant Announcement Expected

In his most recent tweeter activity, Charles Hoskinson points out to have met with the European Bank for Reconstruction and Development. What that means, your guess is as good as many crypto enthusiasts.

Great meeting with The European Bank for Reconstruction and Development pic.twitter.com/pvE0J2iVl2

— Charles Hoskinson (@IOHK_Charles) June 14, 2019

With the ever-changing technology, so does with the financial sector, the big issue now is on transparency and such stuff, which cryptocurrency is showing signs of a solution.

Merely days after the announcement of the redesigned Cardano roadmap alongside the development of Shelly, it now looks certain that Cardano could as well take another giant step with banks.

The development of the side chains as well as the parallel chains for ADA converges into Ouroboros Hydra. The Hydra puts Cardano in a great position of handling up to 5k transactions in a second. The scaling capability is also massively increased almost to the level of Visa.

Moreover, it combines high levels of efficiency with security as well as true decentralization. Therefore, a photo of Cardano’s CEO meeting with ERBD suggests something in the pot cooking and perhaps waiting to be served.

For now, we can only anticipate that good news for Cardano fans, in fact, for the whole cryptosphere if it comes out, is on the cards. Indeed, Hoskinson has been in touch with several crypto enthusiasts over social media, hoping to hear from the man himself sooner. Whether some mega announcement news is coming or not, only time will tell.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Filed Under: Altcoin News Tagged With: Banks, Cardano (ADA)

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