Cardano accelerates adoption through a partnership with Konfidio; a blockchain-based venture studio, reveals a Cardano Foundation press notification on Twitter.
According to the release, the Cardano Foundation will be collaborating with Konfidio to expedite the adoption of Cardano. Moreover, the purpose of this partnership is to allow real-world business cases on the blockchain of Cardano.
The Cardano Foundation and @konfidio a Berlin-based blockchain venture studio, have entered into a strategic partnership to enable real-world business use-cases on the #Cardano #blockchain with corporations, SMEs and governments. https://t.co/KTyS3iUvDP @nathan_kaiser #Konfidio
— Cardano Foundation (@CardanoStiftung) August 15, 2019
Berlin-based Konfidio is an enterprise accelerator and company builder that focuses on leveraging the technology blockchain technology for building decentralized applications that are enterprise scale.
The Zug-based Cardano Foundation is an autonomous organization that supervises the expansion of the third-generation blockchain, Cardano.
As per the release, initially, the center of this partnership would be on the use the cases in the logistics, banking sector, trade and finance, corporations of pharmaceutical, with government service and the public service use cases to follow.
Cardano accelerates adoption
Cardano Foundation’s Chairperson Nathan Kaiser stated that Berlin is the home base of Konfidio. Luckily it is also a leading blockchain center, thereby, the global relevance of Konfidio will likely support Cardano in putting it in the spotlight.
Konfidio’s CEO and founder Dr. Mervyn elaborated about his company’s role in this joint venture. He stated that the aim is to enhance and promote the understanding of this protocol incorporate, as well as, startup environment and acceleration of the value-added for the community of blockchain, Cardano, and their clients.
The partnership is expected to affect Cardano price and the effects could be seen in the days to come.