{"id":8222,"date":"2021-10-29T22:04:25","date_gmt":"2021-10-29T22:04:25","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/?p=8222"},"modified":"2021-10-29T22:04:25","modified_gmt":"2021-10-29T22:04:25","slug":"heres-how-ethereum-cardano-offer-a-chance-to-own-the-future","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future","title":{"rendered":"Here\u2019s how Ethereum, Cardano offer a chance to \u2018own the future\u2019"},"content":{"rendered":"

Africa-Press-Ethiopia<\/a> Despite Cardano\u2019s weak price action over the past week, its new partnerships are garnering renewed interest. Recently, the network forayed its digital focus to Africa. After signing a deal with the Ethiopian government earlier this year, Cardano signed another Memorandum of Understanding (MoU) with the Burundi government.<\/p>\n

This was while Ethiopia-based Atala Prism management solution by Cardano made it to the list of most influential projects for 2021.<\/p>\n

Meanwhile, competitor Ethereum, recently executed its Altair upgrade. As the Beacon chains upgrade moved the network closer to ETH 2.0, Ethereum is also seeing a record high surge in its price. Having said that, ETH remained bullish on Friday, as it hovered over the $4,400 levels at press time.<\/p>\n

Interestingly, both the smart chains are presenting a strong case in the dApps ecosystem. Cardano recently laid out new certification levels for the smart contract, along with other partnerships announced through its September Summit. Ethereum, on the other hand, is buckling up for \u201cThe Merge\u201d while dominating close to 68% of the DeFi TVL.<\/p>\n

Amid the rising interest, digital provider Solodev has also incorporated both the smart chains in its cloud offerings. In a recent release, Solodev stated that the two leading smart chains will enable developers and organizations to build applications that integrate with their cloud and digital marketing services.<\/p>\n

Matt Garrepy, Chief Digital Officer at Solodev said,<\/p>\n

\u201cBy offering Cardano and Ethereum, we\u2019re giving our customers the tools to successfully build with blockchain, accept crypto payments at scale \u2013 and own the future.\u201d<\/p><\/blockquote>\n

The aim is to essentially allow developers to launch DeFi, crypto, and NFT offerings on a cloud platform. Also, ADA and ETH will be available on Solodev\u2019s marketplace storefront, to accept crypto payments for its e-commerce transactions around cloud applications.<\/p>\n

In the context of utility, Solodev acknowledged that Cardano will allow \u201cfaster and cheaper\u201d validation of transactions, while \u201cEthereum is the #2 blockchain behind Bitcoin.\u201d<\/p>\n

Just last week,\u00a0Bitcoin\u00a0also touched an ATH close to $67,000 on the back of increased adoption and launch of future-based ETF. While Bitcoin and Ethereum remain undisputed top two cryptos on the market cap chart,\u00a0Cardano<\/a>\u00a0may have another edge over these blockchains.<\/p>\n

In a recent tweet, Input Output Hong Kong (IOHK) stated that its network uses less energy than the \u201colder generation blockchains.\u201d It is yet to be seen if Ethereum can compete with that with its 2022 POS upgrade.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press-Ethiopia Despite Cardano\u2019s weak price action over the past week, its new partnerships are garnering renewed interest. Recently, the network forayed its digital focus to Africa. After signing a deal with the Ethiopian government earlier this year, Cardano signed another Memorandum of Understanding (MoU) with the Burundi government. This was while Ethiopia-based Atala Prism management […]<\/p>\n","protected":false},"author":84,"featured_media":8224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[241,485,496],"class_list":["post-8222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press-ethiopia","tag-cardano","tag-crypto-currency-in-ethiopia"],"yoast_head":"\nHere\u2019s how Ethereum, Cardano offer a chance to \u2018own the future\u2019 - Ethiopia<\/title>\n<meta name=\"description\" content=\"Africa-Press-Ethiopia Despite Cardano\u2019s weak price action over the past week, its new partnerships are garnering renewed interest.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here\u2019s how Ethereum, Cardano offer a chance to \u2018own the future\u2019\" \/>\n<meta property=\"og:description\" content=\"Africa-Press-Ethiopia Despite Cardano\u2019s weak price action over the past week, its new partnerships are garnering renewed interest.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future\" \/>\n<meta property=\"og:site_name\" content=\"Ethiopia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-29T22:04:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/10\/ethereum-g5cce12db4_1280-1024x682-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"682\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Here\u2019s how Ethereum, Cardano offer a chance to \u2018own the future\u2019\",\"datePublished\":\"2021-10-29T22:04:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future\"},\"wordCount\":407,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/10\/ethereum-g5cce12db4_1280-1024x682-1.jpg\",\"keywords\":[\"Africa-Press Ethiopia\",\"Cardano\",\"Crypto Currency in Ethiopia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/heres-how-ethereum-cardano-offer-a-chance-to-own-the-future\",\"name\":\"Here\u2019s how Ethereum, Cardano offer a chance to \u2018own the future\u2019 - 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