The Cardano Foundation has teamed up with its official business arm – EMURGO – to launch a joint project. The main goal is to support the blockchain protocol ecosystem and accelerate the development of decentralized applications.
‘We Want to Ensure We Enable The Architects of The Future’
According to a recent blog post, the project will consist of a Minimum Viable Product 1 and Minimum Viable Product 2. MVP1 will be composed of a modular tool stack built by Five Binaries (an infrastructure development firm active in the Cardano ecosystem).
The first stage will include the initial version of Chain Watcher as well as a backend that will serve as a proof of concept. Five Binaries will also develop blockchain adapters – plug-in components used to link Cardano blockchain data using different methodologies.
During the second stage, MVP2, the Cardano Foundation will connect with numerous partners and projects across the ecosystem. At this phase, each participant requesting to add a new adapter or a backend will have to follow the programming guidelines of the project.
The blog post further noted that the application programming interface (API) allows developers to interact with the correct application instances. Its access to Cardano is essential to ensure that users can test and launch applications on the blockchain without having deep technological knowledge and experience.
Ken Kodama – CEO of EMURGO – said his entity “fully supports” Cardano’s infrastructure development. “The new tool stack will provide developers with further useful options to build socially impactful dApps” on the blockchain protocol, he added.
In turn, Frederik Gregaard – managing director of the Cardano Foundation – considered that the mutual project marks “the first in a set of open source architecture”. He also said his organization wanted to provide tools to help the community and create “the architects of the future”.
Cardano’s Veritree to Combat Climate Change
Earlier this year, the Cardano-based blockchain platform – Veritree – teamed up with Samsung to launch a new project oriented for the planet’s greener future. Specifically, the two entities vowed to mobilize the growth and the conservation of more than two million trees on the territory of Madagascar by the end of Q1 2022.
Mark Newton, head of corporate sustainability at Samsung Electronics America, said at the time:
“Investing in tech innovations, such as those that create efficiency improvements and minimize waste, in combination with nature-based solutions, are vital in the fight against climate change.”
