• Cardano (ADA) has partnered with World Mobile, a telecommunications company, to leverage its blockchain for global expansion.
• This will enable Cardano to provide connectivity and financial services to the unbanked population.
• Recently, Cardano announced another partnership with fintech Acredius which allows users to invest in Swiss enterprises.
Cardano Partners With World Mobile to Expand
Cardano (ADA) has sealed a partnership with pioneering telecommunications company World Mobile leveraging its blockchain for global expansion. This was confirmed by Charles Hoskinson, the founder of Cardano and CEO of IOHK (Input Output Hong Kong). The collaboration is part of Cardano’s mission to provide connectivity and financial services to the unbanked population. Micky Watkins, CEO of World Mobile also announced that the company’s move is part of its efforts to expand into more jurisdictions and “connecting the unconnected and serving the underserved”.
Connecting Unconnected Places
World Mobile is now on four continents using both licensed and unlicensed spectrums, making their way into the US market as well as driving mass adoption in Africa through their sharing economy model. Through this partnership with Cardano, they are poised to create an equally lucrative new market by connecting those who are currently unconnected.
In addition, Cardano recently announced a partnership with Swiss-based fintech Acredius which allows users access to its “Secondary Market” module on Cardano’s ecosystem so they can invest in small and medium Swiss enterprises using ADA tokens.
Banking The Unbanked
Hoskinson expressed his excitement about the collaborations stating that “[he] always been proud of… work utilizing Cardano [as it] was built for these types of applications that require scale, interoperability, and identity“. This is all part of a larger vision for Cardano – banking those who have been previously unbanked or underbanked by providing them access to financial services such as investing opportunities they wouldn’t otherwise have without this initiative being put forth by these two companies combined.
The collaboration between World Mobile & Cardano will allow them to further their mission of connecting & serving those who have not had access before due to various reasons including geographical boundaries & lack of resources needed for such connections – ultimately helping bridge the divide between those who are connected & those who are not—all while creating new markets & opportunities at the same time!