Hoskinson, the founder of Cardano, expects Cardano’s partnerships with African governments to influence regulators in the US. Charles Hoskinson meets the African continent with regulators and develops joint business projects with governments. Thanks to Cardano, Africa will probably use blockchain technology before many other countries.
A blog post by Input Output Hong Kong (IOHK), the company behind Cardano, said:
“Africa is a really special and interesting continent because it is going through a massive update. There is no dependency on systems of the past because those systems have historically not worked very well here. So that means that over the next 10, 20 years, everything is poised for change, from how compliance works to how stock markets work, from how national identity works to how academia works.”
He also denied recent rumors that a token burning policy will be implemented on Cardano. It has been said that Cardano has no plans to burn tokens. The percentage of staked tokens continues to increase. Investors are eagerly waiting for ADA prices to rise.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
