Cardano Founder Charles Hoskinson Lays Out 2022 Plans
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Here’s What Coming to Cardano Next Year
In a 30-minute Christmas Eve talk on YouTube, Cardano founder Charles Hoskinson reflected on Cardano’s growth and the entire crypto industry starting from the NFT and DeFi boom including hackers pulling off some of the biggest ever cryptocurrency heist leading to a loss of over $10.5 billion in 2021 alone.
On Cardano’s biggest achievements this year, he reminded that over two million assets have been issued on the blockchain network and more than 127 projects are currently being developed as dApps. In addition, there are about 20 to 30 projects in the pipeline looking to launch within the next three months.
The Cardano's founder also talked about a formalized open-source system that would be similar to Linux as an agenda next year.
“Next year, what’s going to happen is that a formal open-source structure is going to be formed, kind of like Hyperledger to Linux, and we’re going to see many institutions wired in,” said Hoskinson.
Africa is also under Cardano’s radar as the network looks next year for further expansion in the region.
“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.”
Earlier this year, Cardano inked a partnership deal with Tanzania to give its residents access to social, digital identity, and financial empowerment. In August, IOHK formed a partnership with the European Business University of Luxemburg to provide more educational opportunities to students in Africa.