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The team of creators of the Cardano blockchain shared their feats and major eventsthat happened online in 2021. EMURGO’s business unit is global technological company. It provides software for developers, projects, companies and even states. The enterprise has published an overview of key blockchain achievements and major events in the past year.
Yoroi wallet dApp connector
At the end of July, EMURGO announced that Yoroi Wallet will soon introduce a platform for interacting with dApps – the dApp Connector Yoroi Wallet. The launch was meant to play a key role, allowing the community to work with all decentralized services through the trusted Yoroi wallet. As a result the wallet turned out to be easy to use and was designed to work with Cardano (ADA) and ERG… It allowed users to easily and securely store, send and receive these cryptocurrencies using mobile apps and browser extensions. EMURGO shared that the wallet also allowed users to bet on their ADA for rewards and vote on Project Catalyst with new features like the dApp Connector mentioned above.
Creation of a blockchain investment company Cardano
Summing up the important events of the outgoing year, EMURGO also mentioned the launch of the Cardano investment fund. A press release for its launch was issued at the end of September. Establishing a $ 100 Million Fund was focused on investing in startups in the early stages of development and growth, as well as creating socially significant decisions based on Cardano. At the same time, the company announced that the new created Cardano blockchain fund will consist of two separate structures: EMURGO Africa and EMURGO Ventures. Each of them will put forward its own investment thesis.
Presently EMURGO Africa has already announced the conclusion of two large and significant contracts… They aim to expand the use of the entire Cardano ecosystem as well as the business networks of their industry giant partners. Wherein EMURGO Ventures Announces Its First Initial Investment in Milkomeda… The project is a sidechain of dcSpark. It integrates Cardano and other Layer 1 blockchain protocols and also uses the Packaged ADA Token (wADA) as an asset. Ken Kodama, Head of Sales at EMURGO, shared:
“The top priority right now is the development of the Cardano blockchain ecosystem. We plan to accelerate the development of a network with a large number of decentralized services. This approach is necessary because blockchain serves the global community, and it is constantly growing and evolving in the area of blockchain awareness. EMURGO is committed to meeting this demand by providing the capital and strategic resources needed to rapidly scale our portfolio companies and deliver new Cardano solutions. ”
Launch of two Cardano education programs
EMURGO posted on its blog that its educational venture EMURGO India (EMURGO Academy) Launched Several Cardano Training Courses This Yeardesigned for two different groups – aspiring Cardano blockchain developers with a technical background and those interested in blockchain but lacking specialized knowledge of blockchain technology. At the moment, according to EMURGO, The Academy has already delivered over 7,500 training courses using 1,150 hours of personalized online content and has successfully trained 2,500 certified alumni from 25 countries.
Charles Hoskinson, co-founder and CEO of IOHK, the company behind Cardano’s development, also highlighted the importance of EMURGO’s work. He notes that investments subdivisions will help fully shape the future of the blockchain ecosystem. Thus, the possibilities of smart contracts on the network will continue to grow. In doing so, Cardano will be able to continue to set up partnerships with global corporations that provide both financial and social services. Cardano’s proven and secure blockchain environment will go a long way towards this.
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