Cardano News: Emurgo Traceability Solution Forms A Joint Venture With Blackbird Ventures

Cardano has been making headlines a lot lately despite the global crisis and Charles Hoskinson could not be any prouder.

The whole community is cheering for the project.

Just the other day, we were revealing that at the end of July, Cardano launched its highly-anticipated Shelley mainnet, together with network staking functions.

On Sunday, users caught a glimpse of what staking on the Cardano blockchain holds.

On August 23rd, the first day of the rewards, 7 million ADA – about $831,000 – was sent to users. On August 28th, IOHK said it expects 12 million ADA to be handed out.

Emurgo marks a new achievement

Now, it’s been revealed that EMURGO managed to seal a new important deal. Here’s the tweet that the team shared on social media:

The team continued and noted “The joint venture – called Brandmark – will usher in a new stage of growth for EMURGO Traceability Solution. Trophy.”

When someone asked if this is better compared to what VeChain is doing another follower hopped in the comments and responded with:

“Better than Vechain. $TRAC is the Google of Supplychains with enourmous partners. If they are teaming with $ADA it could mean it’s migrating over to ADA’s blockchain. However, Cardano doesn’t have Gogen yet so who knows what the partnership means.”

The congratulatory messages continued to pour in the comments.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.