Tuesday, October 19, 2021

Charles Hoskinson Announces Partnership between Cardano and US-Based Fortune 500 Satellite Provider

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.

Read Also: Charles Hoskinson on the Possibility of a Partnership between Amazon and Cardano

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.”

Read Also: NFT Project on Ethereum Moving To Cardano After Alonzo Launch. More Moves Upcoming Due To High Gas Fees?

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.

Read Also: Cardano Gains Over 200,000 Wallets in Just Three Months; 71% of ADA Supply Now Staked

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.


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Tobi Loba
Tobi Loba is a passionate writer with over 3 million readers from all over the world. She graduated from a reputable university. She joined the crypto ecosystem about two years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects.

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