The Currency Analytics
By Maheen Hernandez
Cardano ADA Charles Hoskinson on ETALON Project
Cardano ADA Charles Hoskinson Onboarding people to build cryptocurrencies
Ivan asked Charles Hoskinson stating, so, with all of these use cases you have talked about, it automatically gets me to thinking about the hyper ledger Cardano and IBM.
They have really spent so much money on marketing and doing all kinds of pilot projects and whenever I speak to corporations they say, oh hyper ledger, Oh Cardano, Oh IBM, we…
So, what is your view on all of these corporate block chains like bicorporate, for corporate, they have nothing to do with crypto, nothing to do with being traded on an open…
Charles Hoskinson replied, that is a good question. So, we created the ETALON project just for this very reason.
So, you know just looking at fertilizer transport, you could be looking at 200 to 300 different organizations.
So, you can certainly do that, especially when it is a government initiated project, because the government will run the infrastructure, but when you are talking about…
So, we have permissioned solutions and we certainly installed them with ETALON and it is interoperable with Cardano, and anyway it is a benefit to anybody in our industry,…
You are creating identities, addresses, and private keys and once you have that infrastructure it is very easy to move between permissioned ledgers and permission-less ledgers.
So, you are effectively onboarding people so that they can build cryptocurrencies. And, so once they are in the grid, then you can start talking about stable coins and loans and…
So, I think it is a spectrum and it just depends upon who is your controller, how your people are organized and the nature of what people are trying to accomplish, and also who…