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Jul 28, 2020

Cardano (ADA) is connecting with Chainlink (LINK)

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Charles Hoskinson, the CEO of IOHK and the co-founder of Cardano, confirmed in his latest video update that Schell, the founder of the Cardano (ADA) blockchain and Chainlink (LINK) Guy Nazarov (Sergey Nazarov) is having a close encounter.

Hoskinson did not disclose the outcome of the conversation. However, he said that there will be a formal statement to discuss and cooperate.

The co-founder of Cardano stated that he believes that Cardano users should be provided with a variety of options, so he will announce the results of discussions with Chainlink at an appropriate time.

Hoskinson stated that Chainlink is an excellent product with the potential to become part of Oracle’s broader solution.

What will the cooperation with Chainlink bring to the Cardano ecosystem? Chainlink and Cardano may be integrated.

He mentioned that he discussed how to integrate and that the discussion is about to bear fruit. He said that the team will briefly introduce to the community what will be updated in the Cardano infrastructure.

At the same time, he said that in Africa, Cardano bid to enter Ethiopia’s voucher business, telecommunications, and transportation sectors.

In the Cardano microchip project, Hoskinson mentioned that this idea may take a lot of time because it is an academic project that requires a lot of research and ideas.

The founder said that he will hire a product manager to speed up the progress of the project.

Earlier, Hoskinson sought the consent of Charlie Lee, the co-founder of Litecoin (LTC), to integrate the Cardano blockchain with the Litecoin ecosystem.

Hoskinson proposed the plan to Li Qiwei on Twitter. However, apart from the idea of ​​cross-chain proposed by the co-founder of Cardano, what these two ecosystems will develop into is still unclear.

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