[Charles Hoskinson announces global mobile partnership, Cardano (ADA) rises 9%]
Cardano (ADA) trading volume has surged by more than 9% in the past 24 hours, the news was revealed by founder Charles Hoskinson and has prompted increased user activity and engagement. This growth stems from a strategic partnership between Cardano and World Mobile, which will integrate cooperative chain architecture to connect billions of unconnected entities around the world, including Gillette, Wyoming.
Charles Hoskinson said that this initiative combines multi-chain and traditional infrastructure with next-generation infrastructure to make World Mobile the most advanced and efficient ISP in the world. This requires partners like Cardano to add security.
It is worth noting that World Mobile’s cooperation with Cardano has raised some concerns about the cooperation chain. Hoskinson emphasized that these cooperative chains are a core part of Cardano’s architecture, providing flexibility to projects like World Mobile and helping partners develop unique protocols while benefiting from Cardano’s secure infrastructure. He also emphasized the importance of cross-chain transactions in increasing the value of the network and is the cornerstone of the third-generation blockchain.
Cardano has integrated Inter-Chain Communication Protocol (IBC) sidechain functionality into its network to facilitate reliable transactions and data exchange between different blockchain networks. The expanded partnership with World Mobile is just one of Cardano’s many collaborations this season. In early June, Cardano secured a major collaboration in Argentina, and while not many details were provided, it involved the Argentine government. Rogelio Frigerio, governor of the province of Entre Ríos, and Rafael Fraga, director of business development of the Cardano Foundation, signed a document to realize the cooperation agreement.
In addition, Charles Hoskinson said that Cardano also has an unrealized partnership with Tesla CEO Elon Musk. He looks forward to working with Musk to integrate Midnight Protocol into social media platforms to achieve the required privacy, but has yet to receive a response from Musk.
