Charles Hoskinson, the CEO of IOG who created Cardano (ADA), has announced a partnership between Cardano and DISH Network, a Fortune 500 television satellite company based in the United States, to introduce Cardano blockchain technology to DISH’s telecom services.
The partnership was announced during Cardano Summit 2021. The partnership is expected to boost the adoption of Cardano and benefit DISH’s users with 8 million digital identities (D.I.D) on phones satellite.
Charles Hoskinson Explains the Purpose of the Partnership
Reacting to the new development at the Cardano Summit 2021, Cardano creator stated that although the major reason for the partnership is to create a network where users can move effortlessly from one space to another, the fundamental business infrastructure still remains solid.
Charles Hoskinson noted:
“We think there’s a lot of intersection between the use of identity the movement of data capacity exchange and other things that can be done and explored. And it can be done at a scale of millions to tens of millions, and eventually at a global scale. So, this is a super exciting relationship we can’t wait to see how it goes.”
Hoskinson further stated that he hopes that the new partnership brings the needed transformation to the entire model of the Telecom industry.
IOG CEO assures that millions of DISH users will connect with Cardano blockchain through the new partnership, without the interference of centralized corporations. The success of the partnership could bring about the full adoption of the business model in the telecom ecosystem.
About DISH Network
DISH Network is one of the largest Telecom services in the United States. It serves over 19 million customers, giving users full control of their accounts.
Another thing that is worthy of note is the fact that DISH is one of the first public companies to accept payments in cryptocurrency and is listed as a Fortune 500 company.