HomeCoinsCardano (ADA)Charles Hoskinson Announces 'Gerolamo,' Linking Cardano and Enterprise Blockchain Atala

Charles Hoskinson Announces ‘Gerolamo,’ Linking Cardano and Enterprise Blockchain Atala

- Advertisement -


Key Takeaways

  • Charles Hoskinson of IOHK has announced Gerolamo, a platform that will bring together the Cardano and Atala blockchains
  • The effort will involve a partnership with the Hyperledger Foundation and become part of the Hyperledger product line
  • Gerolamo will help unite the public and private Cardano ecosystem in 2021

Share this article

IOHK CEO Charles Hoskinson has announced “Gerolamo,” an interoperability system that links its public blockchain Cardano with its enterprise blockchain Atala.

Cardano for Enterprises

In the past, IOHK has served enterprise clients that wanted to use the Cardano blockchain, but who were not prepared to rely on a public blockchain for regulatory, legal, and business reasons.

SIMETRI gains of 1031%

He says that the usual solution for those needs is Hyperledger Fabric, which is “basically a permission ledger infrastructure” that offers enterprises permissioned control over the ledger’s consensus method. Enterprise chains are different from Cardano, in which any participant can contribute to consensus.

Hoskinson also says that IOHK previously created Atala, a permissioned blockchain for enterprise users. He adds that Atala is not entirely separate from public, permissionless blockchains and that the two types of chain are interoperable.

Gerolamo Is on the Way

Hoskinson says that IOHK is currently working with the Hyperledger Foundation to turn the Cardano-to-Atala workflow described above into a “turnkey system” that enterprises can easily deploy. He says:

Cred - earn easier

We’re going to unify [the ecosystem] in 2021 … some of this have to do with unifying permissioned and permissionless [chains] together … If we get approval in 2021 we’re going to call this “Gerolamo,” because that was the first name of Cardano.

He adds that Gerolamo will compete with Hyperledger Fabric and Sawtooth, though it will also exist as a Hyperledger product in its own right. It appears that the partnership has been underway since June.

Government and enterprise partnerships are one of IOHK’s main pursuits at the moment. Hoskinson says that IOHK’s contract with Georgia brings in 50,000 new users each year. Given that Cardano still has few applications available to the public, Gerolamo’s enterprise appeal could be quite important.

Share this article



Source link

- Advertisement -
profile logo 500x500
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,493FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 48,829.00
ethereum
Ethereum (ETH) $ 3,526.64
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 635.12
litecoin
Litecoin (LTC) $ 184.50
eos
EOS (EOS) $ 5.31
okb
OKB (OKB) $ 18.88
tezos
Tezos (XTZ) $ 6.31
leo-token
LEO Token (LEO) $ 3.15
cardano
Cardano (ADA) $ 2.41
monero
Monero (XMR) $ 268.40
stellar
Stellar (XLM) $ 0.327441
chainlink
Chainlink (LINK) $ 29.16
huobi-token
Huobi Token (HT) $ 14.64
tron
TRON (TRX) $ 0.108094
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 204.71
neo
NEO (NEO) $ 49.97
iota
IOTA (MIOTA) $ 1.71
nem
NEM (XEM) $ 0.186517
zcash
Zcash (ZEC) $ 141.32
maker
Maker (MKR) $ 2,892.02
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 58.21
vechain
VeChain (VET) $ 0.115297
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 65.98
kucoin-shares
KuCoin Token (KCS) $ 11.90
waves
Waves (WAVES) $ 29.73