Cardano (ADA) Expanding The Ecosystem of its Blockchain

Emurgo and SIRIN LABS had announced in February 2018 that they will partner up with the cryptocurrency Cardano (ADA) to expand the ecosystem of its blockchain.

Cardano was launched on 29th September 2017. Even if the cryptocurrency is comparatively new, it has had a remarkable journey. Charles Hoskinson, the CEO and founder of Cardano and its other developers had developed the blockchain by keeping both regulation and end-user gain in mind. Cardano is currently in the process of developing a smart contract platform that promises to surpass the previously developed protocol. Cardano proudly claims that its blockchain is the first to develop from a scientific philosophy and a research-first driven approach. As of 15th March 2018, according to coinmarketcap.com, Cardano is at the 6th position.

Cardano (ADA) Expanding The Ecosystem of its Blockchain

Emurgo

Operational since 2017, Emurgo is based in Japan. “Emurgo develops, supports, and incubates commercial ventures and helps integrate these businesses into Cardano’s decentralized blockchain ecosystem.” (As described on the company website) Emurgo identifies and invests in early-stage blockchain companies that develop applications on the Cardano stack.

SIRIN LABS

SIRIN LABS is strictly concerned about user security on the smart devices. The aim of the company is to provide security to the users such that have are protected at all times. FINNEYTM devices have been designed to run on the open-source operating system of SIRIN LABS, SIRIN OSTM. It can support inherent blockchain applications, for instance, a crypto wallet. It provides secure exchange access and features encrypted communications and a peer-to-peer resource sharing environment for payment and apps that are supported by the SRN token. FINNEYTM smartphone can also be used as a cold storage of crypto coins.

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