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Showing posts from September, 2020

An Introduction to Decentralized Applications

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(Written by @ElliotHill of the Cardano Foundation) As we discovered in our previous article , distributed ledgers have evolved far beyond simple value layers, and they can now be used to build and deploy decentralized applications, or DApps, on the blockchain. These applications are making blockchain technology exponentially more useful for enterprise and business users, who can leverage the blockchain-based nature of DApps to make transactions more secure and easily transfer value. Here, we will explore what DApps are, define their relationship with smart contracts, and discover why bringing reliability and functional programming to smart contracts could be the key to unlocking the mass adoption of DApps by enterprises worldwide. What are decentralized applications? To put it simply, DApps are computer applications or programs that run on top of a distributed computing system — like Cardano. DApps are powered by smart contracts, which are deterministic programs used for se...

Cointelegraph: The Cardano Foundation’s new CEO says he will prioritize the platform’s longevity

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This post originally featured in Cointelegraph . The incoming CEO wants to convey to the corporate sector that Cardano will be around in 30 years. Cardano recently celebrated the third anniversary of its Mainnet launch. In the run-up to this occasion, Cointelegraph had the opportunity to discuss the project’s future plans with the Cardano Foundation’s incoming CEO, Frederik Gregaard. Gregaard, who has not yet officially assumed the post of CEO, assured us that he would take on this new role sometime before Nov. 1, though he did not yet know the exact date. Currently, he is finishing his tenure at PwC, where he heads digital financial services for the multinational network. Gregaard believes that there is a natural sense of prejudice against open-source public blockchains, which he refers to as a “trust gap.” Whereas the entire crypto space is barely 10 years old, many established corporate players have been around for decades, if not centuries. They may have business pl...

CityAM: Nathan Kaiser’s interview on the occasion of Cardano’s third anniversary

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Originally published in City A.M. as: “James Bowater in conversation with Nathan Kaiser, Chairperson of the Cardano Foundation” It’s hard to believe that this time last year I was taking part in a tree-planting ceremony in Plovdiv, Bulgaria with the senior teams from the Cardano Foundation, EMURGO, and IOHK to celebrate Cardano’s second birthday. The world was very different, with us all jetting in for the occasion. Ironically, the COVID crisis has done nothing to slow the advancement of Cardano as it hits milestone after milestone with the successful deployment of Shelley, on a fast-track to the arrival of smart contracts. So, I caught up with Nathan Kaiser to find out what the next three years look like for Cardano. JB: Shelley was a resounding success, what will the next milestone be for the protocol? NK: The gradual rollout of smart contracts, tokens, and decentralized applications will begin in Q4 2020. Once these components are delivered, the Cardano blockchain will be...

Happy 3 Years Cardano!

source https://www.youtube.com/watch?v=rVuBCJZqvxU

Surprise AMA 09/26/2020

source https://www.youtube.com/watch?v=TF9nfwmgWPA

A first look at the Cardano Developer Portal

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(Written by @ElliotHill of the Cardano Foundation) As we prepare to release the first components of Goguen, we are edging closer to welcoming developer talent and creative individuals from around the world to build on Cardano. The first component of Goguen to be released will be tokenization — the ability to issue native tokens on the Cardano blockchain, which we explored in detail in one of our previous blog posts . It will also be the first time developers can write and deploy smart contracts on Cardano through Plutus and Marlowe, and launch a variety of decentralized applications, or DApps. We are approaching an explosive period of growth for the Cardano protocol, where developers will finally be empowered to let their creativity flow freely, and we are exploring new ways to accommodate your passion. That is why we are pleased to announce that we will soon be launching the Developer Portal, an all-encompassing portal where developers can access documentation, sh...

Cardano Foundation prepares for smart contracts and DApps, appoints CEO and Head of Growth

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21 SEPTEMBER 2020. Ahead of the rollout of smart contracts, decentralized applications, and the onboarding of new ecosystem participants, the Cardano Foundation — the organization governing the Cardano blockchain — is strengthening its management by appointing two leaders formerly of Big Four professional services firm PwC, from the Blockchain and Digital Services team. The Swiss-based Foundation names Frederik Gregaard as its first Chief Executive Officer. Frederik, former Head of Digital Financial Services at PwC, will be a driving force for the Foundation, setting the strategic direction and providing leadership as Cardano approaches several crucial development milestones. Working alongside an expanding global team of 30 people, he will advise the Cardano Foundation’s Council while spearheading adoption and co-creation with enterprise. Eva Oberholzer, former Head of Communications at PwC Switzerland, and Chief Marketing and Communications Officer at SEBA Bank, joins the Card...

Cardano receives recognition in new Swiss Confederation draft law

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(Written by Elliot Hill of the Cardano Foundation) Last week, we shared the news that a group of bipartisan Congressmen in the U.S. had sent a letter to the Internal Revenue Service (IRS), requesting that Proof of Stake (PoS) block rewards not be taxed as income. The letter, a culmination of the efforts of multiple parties including the Proof of Stake Alliance (POSA), of which the Cardano Foundation is a member, is an important step towards clearer regulation of PoS blockchain infrastructure. But, our efforts also extend far beyond the U.S., and here we are going to share some of the regulatory work we are involved in throughout Europe and the United Kingdom, including our home nation of Switzerland — where blockchain and distributed ledger technology is being explored by a whole host of industries and government agencies. We will also be discussing a milestone for the recognition of Cardano as a leading blockchain protocol by the highest levels of Swiss Federal Council law...

Update and Few Thoughts

source https://www.youtube.com/watch?v=BFa9zL_Dl_w

One identity to rule them all — managing digital identities using blockchain

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One identity to rule them all — managing digital identities using blockchain (Written by Elliot Hill of the Cardano Foundation) Almost every application and website we use today requires our personal credentials in order to create an account and use a service. This process is so widespread, that most of us have hundreds of accounts across multiple services, and sharing our credentials is the norm. Some time ago, developers realized it would be easier to create linked profiles through the likes of Google or Microsoft 365, or social media platforms such as Facebook and Twitter, to log in to a range of services. Now, the majority of us are used to signing up to new services in seconds through one account. However, for financial applications and accounts, simple details about an individual are not enough to prevent bad actors from entering the space, such as identity thieves and fraudsters. According to PwC, identity theft and fraud cost companies an eye-watering US$42bn in t...

Governance and Cardano

source https://www.youtube.com/watch?v=7_zIzjWZHgg

Flipside Crypto’s Data Cooperative and real-time Chainwalking™ brings superior on-chain visibility…

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Flipside Crypto’s Data Cooperative and real-time Chainwalking™ brings superior on-chain visibility to Cardano ZUG, 15 SEPTEMBER 2020. The Cardano Foundation is pleased to announce its collaboration with blockchain analytics firm Flipside Crypto, to enable next-level on-chain data visibility for the Cardano protocol. Through Flipside Crypto’s proprietary ChainwalkingTM process, every block on Cardano is decoded in real-time into a universal data set. Flipside’s data science team then uses statistical and behavioral modeling to track and label Cardano’s on-chain activity. The collated blockchain data is then used to power insightful data visualizations made public on the Flipside Data Cooperative . The Flipside Data Cooperative is a transparency initiative that provides a public and shareable view of networks’ on-chain activity. It provides real-time transaction visualizations, which will empower all of Cardano’s ecosystem participants to better understand the asset-flows, geogr...

Brief Update

source https://www.youtube.com/watch?v=UI5zWd1gRLI

Brief Bittrex Update 09/09/2020

source https://www.youtube.com/watch?v=B755Db89kbo

Response to Cardanoplis's Video

source https://www.youtube.com/watch?v=9cV5pRhMaMI

The Cardano Foundation helps shape policy through its role in the Proof of Stake Alliance

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(Written by Elliot Hill of the Cardano Foundation) This week, we are taking a break from our usual Shelley blog series to explore some important news within the proof of stake (PoS) blockchain ecosystem, in which the Cardano Foundation has been directly involved. Our technical post-Shelley blog series will resume next Wednesday with a feature on managing digital identities with blockchain technology. In June, the Cardano Foundation’s General Secretary, Hinrich Pfeifer, published an op-ed in leading British financial newspaper City A.M. , sharing the importance of taking a proactive part in the wider blockchain industry, and helping to shape legislation within the entire blockchain space, through education and leadership. Within that article, Hinrich shared the work that the Cardano Foundation has been doing in collaboration with the Washington-based Proof of Stake Alliance (POSA), a representative alliance formed to bring legal and regulatory clarity to PoS technology, and advance...

Surprise AMA 09/08/2020

source https://www.youtube.com/watch?v=JITBR2SwynU

A Brief Update on Foundation Community Roadmap

source https://www.youtube.com/watch?v=wxJf4SJKZxI

Brief Bittrex Update

source https://www.youtube.com/watch?v=W0ZoYhMQEyQ

Atala versus Cardano (Permissioned versus Permissionless)

source https://www.youtube.com/watch?v=uZgDxPCXgPo

Rough Days

source https://www.youtube.com/watch?v=qM192wAV4LA

Shelley Update

source https://www.youtube.com/watch?v=8U91YBoQbVs

An introduction to tokenization

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(Written by Elliot Hill of the Cardano Foundation) Blockchain has introduced powerful new tools and use cases for disrupting how value and data is stored and transferred in many industries, from supply chain tracking to decentralized applications (DApps) and multiple others in between. However, one of blockchain’s most important applications to date is tokenization, a new way of representing, tracking, and transacting assets and securities on a distributed ledger. Tokenization is often hailed as the ‘killer-app’ that will expedite the mass adoption of blockchain and transform the financial services industry . But, for the regular blockchain enthusiast and developer alike, the exact definition of tokenization can be elusive. Here, we are going to discuss the basics of representing assets through blockchain-based tokens, discover the many advantages of tokenization, and uncover what tokenization will look like on Cardano. We will also explore what the arrival of Goguen wi...