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Acuant's new strategic partnership with IOG and Atala PRISM to offer enhanced security in the DeFi space

New capability will eliminate bad actors and strengthen security by offering fraud prevention and anti-money laundering technology

29 September 2021 Fernando Sanchez 3 mins read

Acuant's new strategic partnership with IOG and Atala PRISM to offer enhanced security in the DeFi space

During the Cardano Summit, we announced a new strategic partnership between IOG and Acuant, an identity verification, document authentication, and fraud prevention technology services provider. Its goal? To create a safer decentralized finance (DeFi) environment with Atala PRISM, IOG's decentralized identity platform.

This deal has been forged in response to evolving regulatory…

Cardano enters the age of AI as it welcomes Grace, the AI robot designed to revolutionize global healthcare

Cardano will become a secure and private environment for Grace's AI modules, so her work can meet international healthcare requirements

26 September 2021 Fernando Sanchez 2 mins read

Cardano enters the age of AI as it welcomes Grace, the AI robot designed to revolutionize global healthcare

AI is coming to the Cardano blockchain in the form of Grace, the AI robot developed by Awakening Health, a joint venture between Hanson Robotics and SingularityNET. They have chosen Cardano to ensure that Grace meets the stringent guidelines set out by the Health Insurance Portability and Accountability Act (HIPAA) and the General Data Protection Regulation (GDPR) framework.

Why they’re calling Cardano ‘the green blockchain’

Staking process avoids the massive energy use and hardware pollution caused by Bitcoin and Ethereum mining

17 August 2021 Fernando Sanchez 4 mins read

Why they’re calling Cardano ‘the green blockchain’

Ever since Satoshi Nakamoto published the Bitcoin whitepaper in 2008, Bitcoin has had its fair share of controversy, often being in the limelight for the wrong reasons. The biggest criticism is how much the mining activities of Bitcoin’s protocol, based on proof of useless work, are damaging the environment. Turns out, well, a lot.

At the time of writing, Digicomist estimates that mining consumes 99.37 terawatt hours (TWh) of electricity annually. To put this figure into perspective, that’s 0.55% of the electricity produced in the world each year, enough to run a country such as Malaysia or Sweden

A closer look at the cFund

First announced at last year’s Shelley summit, the cFund is an early-stage investment fund focused on innovative companies primarily utilizing the Cardano blockchain and its technology.

28 July 2021 Fernando Sanchez 5 mins read

A closer look at the cFund

As we move closer to smart contracts on Cardano, fund activity is now accelerating. We spoke with David Roebuck, Principal at Wave Financial, to find out more about the fund and its goals.

What is the cFund?

The cFund is a crypto-native hedge fund managed by Wave Financial in partnership with IOG. The fund employs an early-stage venture strategy and invests in innovative…

Cardano’s Extended UTXO accounting model – built to support multi-assets and smart contracts (part 2)

In the second part of our blog on Cardano’s EUTXO accounting model, we take a more technical look at transaction components, the UTXO set, and delve deeper into the rationale for Cardano’s EUTXO model

12 March 2021 Fernando Sanchez 5 mins read

Cardano’s Extended UTXO accounting model – built to support multi-assets and smart contracts (part 2)

Yesterday we offered an overview of the Extended UTXO model employed by Cardano, explaining how it differs from the approaches taken by Bitcoin and Ethereum. Now let’s dive a little deeper into inputs and outputs, the component parts of a transaction.

We need to talk about transactions: Outputs and Inputs

The term transaction usually evokes financial echoes. While such meaning…