Cardano ($ADA) Founder Charles Hoskinson on Goals for 2022

Cardano ($ADA) Founder Charles Hoskinson on Goals for 2022

December 26, 2021

On Friday (December 24), Charles Hoskinson, Co-Founder and CEO of IOHK, the company responsible for building Cardano ($ADA), outlined his vision and IOHK’s goals for Cardano in 2022.

The 2012 Roadmap

According to a report by The Daly Hodl, in a YouTube video released on Christmas Eve, Hoskinson talked about figuring out how to in H2 2022 how to achieve end-to-end microfinance transactions on Cardano:

“My goal for the second half of 2022 is to figure out how to put all the pieces together to get an end-to-end microfinance transaction on Cardano. So that a real person in Kenya or somewhere with a blockchain-based identity and credit score, stablecoin on the other side, Cardano is the settlement rail. Peer-to-peer, person-to-person, click a button, loan goes to them. They pay it back, [it] goes to the other side.

He also talked about the major technical milestones for 2012:

Next year, what’s going to happen is that a formal open-source project structure is going to be formed, kind of like Hyperledger to Linux. We’re going to see many institutions wired in, and all the people that are currently working on it will be novated over, including me…

When you look at things like enhancing [Cardano’s smart contract platform] Plutus, there’s already three CIPS [Cardano improvement proposals] as a result of the work we’ve done with developers that need to come in.

We have pipelining that needs to come in, input endorsers that need to come in. Peer-to-peer is currently being tested with the stake pool operators on the testnet, and there’s lots of stuff happening there.

https://youtube.com/watch?v=g94qwKpCvO0%3Ffeature%3Doembed

On November 12, Hoskinson also talked about tghe roadmap for 2022:

As for the hundreds of projects building on Cardano, it is worth checking out CardanoCube’s interactive map of Cardano’s Ecosystem.

As Twitter user “Cardians” pointed out on September 21, this past summer, over 150 projects were added to Cardano’s ecosystem:

$ADA’s Latest Price Action

According to data by TradingView, over on crypto exchange Kraken,currently (asa of 5:32 a.m. UTC on December 26), $ADA is trading around $1.4251, down 2.08% in the past 24-hour period.

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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