Cardano has been making headlines these days due to various achievements around the project but also due to a high rise in price.
Now, the whole crypto market fell, but most analysts are saying that this is just a healthy correction.
Tokenization can change industries
The Cardano Foundation dropped an important post on their social media account. Check it out below.
We believe that #blockchain can change the world. #Tokenization alone can help revolutionize industries. Check out our latest post on tokenization in the real world and three industries it can transform: https://t.co/NyZbHUZ3OG
— Cardano Foundation (@CardanoStiftung) November 25, 2020
The official blog post notes that “In September 2020, we introduced the concept of tokenization 14, the representation of an asset as a token on the blockchain, and explored what tokenization may look like in the near future on Cardano.”
The notes continue and reveal that “We discovered that with the arrival of native custom token 2 capabilities on Cardano as a component of Goguen, the stage would be set for the proliferation of tokens that power decentralized applications (DApps) and smart contracts on the blockchain.”
We suggest that you check out the original post in order to learn more details.
Cardano posts new announcement about staking
The other day, IOHK was back on Twitter with a new and exciting announcement about staking.
Check out the post that the team behind the project made below.
NEW BLOG: Tonight, we’re setting things in motion to retire 19 of our 20 public pools by the end of the year. Instead, in 2021 we’ll stake our #ADA in private pools, while delegating to community pools to further accelerate ecosystem growth @Cardano https://t.co/LQOTj1KQUO
— Input Output (@InputOutputHK) November 24, 2020
We suggest that you also check out the blog post with all the details that you need to know about staking.
Stay tuned for more Cardano-related news.