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Cardano [ADA] Foundation picks the mic at Japan Blockchain Conference

Priyamvada Singh



Cardano Foundation picks the mic at Japan Blockchain Conference
Source: Pixabay

The Head of Partnerships at Cardano Foundation, Anthony Clark Jones, spoke at the recently held Japan Blockchain Conference discussing the Cardano project and the purpose of the Cardano Foundation in it.

The speaker, in his talk, outlined the 5 key functions of the Foundation.

  • The Foundation develops and protects the brand image of the Cardano Protocol. It also sets the terms of licensing for commercial utility and audits the software development project and grants assurances for the same.
  • The Cardano Foundation builds and promotes transparency and trust within the community. It is also responsible for building a community hub that offers authentic, timely updates, and information on the technology and Cardano’s high potential.
  • It creates, develops, and maintains constructive alliances and business relationships for the Cardano Ecosystem’s benefit and progress.
  • Cardano Protocol or any blockchain technology needs general standards. The Foundation defines and sets these standards for the protocol.
  • It also takes care of the key information that includes code, documents, and study material. Cardano likes to call it their ‘golden source repository’. Moreover, it engages in duties such as shaping Cardano’s trademark policies, serving a bigger picture in terms of thought-leadership to the entire Blockchain community.

Japan Blockchain Conference saw almost all the significant individuals and organizations from the crypto-community coming together to share their knowledge and views. Anthony, on his experience at JBC said:

“It was fantastic to see thousands of people so keenly engaged today in Tokyo. As Japan is one of our most important markets, such on-going support is highly welcome and indicative that we can and have to deliver on the potential of Cardano.”

The later part of Cardano Foundation’s talk turned to the technical side when IOHK’s Charles Hoskinson took to the stage to discuss the specifications in the design of cryptocurrency.

The Japan Blockchain Conference was also attended by crypto-celebrities including Litecoin’s Charlie Lee, the Ontology community, and suchlike.

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in Journalism & Communication from Manipal University, she believes blockchain technology to be a revolutionary tool in advancing the future. Currently, she holds no value in cryptocurrencies.