IOHK CEO and creator of Cardano (ADA), Charles Hoskinson, says IOHK has sent an official request to the Cardano Foundation’s board to have a clear, concise Africa and Japan strategy.
The Japanese strategy, according to Hoskinson, will be based on gaining liquidity, while the African strategy will focus on having Cardano representative in all 52 countries of Africa.
Charles Hoskinson, in a surprising Ask Me Anything (AMA) 2 of 2020 held on January 3rd, made this disclosure, saying the project requires boots on the ground and projects in development to achieve the said goal.
He said it is important to have Emurgo, IOHK, and The Cardano Foundation aligned on the continent to increase the adoption of Cardano (ADA).
Cardano is already working with African countries on the adoption of blockchain technology by building blockchain for governance in the region.
Charles Hoskinson Says 2020s is Decade of Cardano (ADA)
He inferred that with the look of things, and the increasing commitment of Cardano Foundation, there is no doubt that 2020s is the decade of Cardano (ADA).
Fielding questions from the Cardano community across the world, Hoskinson explored the emerging technologies of the 2020s, expatiating the roles the digital currency plays.
The scientist, who said he dropped out of the university while running his PhD, spoke on the roles he intends to play to position Cardano (ADA) as a global financial and social operating system.
The CEO of IOHK said the next decade is expected to be a “dramatic proliferation of technology and cryptocurrencies”.
He emphasized that the 2020s will be the decade of Cardano as the project aims to grow into an unmatched global social and financial operating system.
He noted that incentives, commercialization, and technology are key factors to note to become a leading digital currency project.
Hoskinson affirmed that 2020 is the year of the recursive snark, as IOHK looks deep on the technology from all angles.
In collaborating with Emurgo and the Cardano Foundation, the research firm, IOHK, will invent a world-acclaimed marketing and commercialization ideas for the growth of Cardano.
Charles Hoskinson says the global economy will collapse, an indication that “one or more African nations will likely join global governing bodies and enter the economic ranks of industrialized nations”.
During this time, the creator of Cardano sees cryptocurrencies playing a key role in bringing in new financial and social modality.
He said the last decade could be the end of traditional media, giving room for independent creators to glow while digital curators will possibly be funded by cryptocurrencies.
“The continual adoption of open source technology means that ideas can flow more freely around the world.”
2020s: Decade of Cardano
This 2020s, Charles Hoskinson believes Cardano will dominate the cryptocurrency space as a true social operating system.
“We would like to see thousands of meta tokens living on the platform alongside securities, commodities and other digital representations of value”.