[Crypto World] The engineering company behind Cardano has recently made a significant move—they’ve chopped the “Global” from their name, and are now called Input Output Group. Don’t underestimate this name change; founder Charles Hoskinson says it signals a strategic transformation for the company.
They no longer plan to focus solely on the blockchain field. Quantum computing, digital identity verification, fintech, healthcare—these seemingly unrelated areas have now become new battlegrounds for the company. Of course, Hoskinson also emphasized one thing in particular: don’t worry, Cardano’s core development won’t be interrupted, the team will continue investing, all while extending their business reach into global markets.
This restructuring is quite subtle. Cardano has indeed faced quite a bit of competitive pressure over the past two years, and the slow pace of adoption has often been criticized. Hoskinson, however, sees things clearly—he believes the root problem isn’t technical, but lies in the governance mechanism. This may sound like he’s making excuses for his own project, but it does indeed highlight a long-standing problem in the public chain space.
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Impossible de rivaliser sur le marché des blockchains publiques
Derrière le changement de nom de la société mère de Cardano : la stratégie de diversification de Hoskinson
[Crypto World] The engineering company behind Cardano has recently made a significant move—they’ve chopped the “Global” from their name, and are now called Input Output Group. Don’t underestimate this name change; founder Charles Hoskinson says it signals a strategic transformation for the company.
They no longer plan to focus solely on the blockchain field. Quantum computing, digital identity verification, fintech, healthcare—these seemingly unrelated areas have now become new battlegrounds for the company. Of course, Hoskinson also emphasized one thing in particular: don’t worry, Cardano’s core development won’t be interrupted, the team will continue investing, all while extending their business reach into global markets.
This restructuring is quite subtle. Cardano has indeed faced quite a bit of competitive pressure over the past two years, and the slow pace of adoption has often been criticized. Hoskinson, however, sees things clearly—he believes the root problem isn’t technical, but lies in the governance mechanism. This may sound like he’s making excuses for his own project, but it does indeed highlight a long-standing problem in the public chain space.