What is cardano:
Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change.
Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress.
Cardano Bidding For Wyoming Stablecoin:
At Rare EVO a crypto Meet Up and Media event taking place over the 24th of august till the 26th of august, Cardano’s founder Charles Hoskinson too to the stage with Frederik Gregaard for a fireside chat!
During the fireside chat Charles Hoskinson reveals that he is on the subcommittee and working with the committee of Wyoming for Wyoming’s stablecoins. In The US the Legislator issued a law to say that the government must indevoured to build a stable coin. The state of Wyoming in trying to figure this out how to do this and Cardano has officially entered the bid in how to make this happen! on the 7th of a meeting was held on this matter. We are yet to hear from cardano with how this went.
Developments sins announcements:
There was recently speculation on twitter that it would likely be given to circle as the only person with a blockchain background in the Laramie/Wyoming stablecoin commission worked at Circle. charles hoskinson replied on twitter to this speculation:
As it stands today there has been no other update from Charles Hoskinson or the officials in charge with the matter. We will await further comment from both parties eagerly, this wouldn’t be the first time we have seen a government partner with a public blockchain, and defiantly not the first time a government has partnered with Cardano. Cardano previously partnered with the Ethiopian government.
Conclusion:
we await official updates, but this could be not only a big deal for cardano but also the state of Wyoming as it could take Wyoming global and boost opportunities that would come as a result of a Wyoming stablecoin ran on a public decentralised blockchain. Also perhaps there are benefits to the citizens of Wyoming as their stablecoin could be verified and audited publicly. over all this is a very exciting potential partnership that would be of benefits to all parties
