At the Cardano Summit stage in Laramie, Wyoming, on Sunday, Charles Hoskinson and Shahaf Bar-Geffen announced that the COTI platform would be the official issuer of Djed, a new stablecoin for Cardano.

Djed is based on an algorithmic design that uses smart contracts to ensure price stability. Smart contract programming is also used to ensure that the stablecoin will work…

A new fund in Africa is investing $6m to finance the most innovative blockchain projects on the continent. The fund was created in recognition of the unique opportunities for innovation in Africa, which has the highest percentage of entrepreneurs of any continent. 

The fund focuses on blockchain technology because the lack of deeply embedded legacy infrastructure means that…

At the heart of the potential of DeFi and RealFi is the use of blockchain-based peer-to-peer technology to build reliable and transparent financial products using oracles and smart contracts. During today’s Cardano Summit, we announced an exciting new strategic collaboration with Chainlink Labs that will help developers build smart contracts for Cardano DeFi applications.

Access…

Strait Brands, an Australian luxury spirits company, is embracing a blockchain-first approach to managing its alcohol supply chain. Set to deliver four million bottles before the end of 2022, the business will build its production process around the Cardano platform. 

The partnership will see Strait Brands deploy a tamper-proof software system created by Input Output using Atala SCAN, which can record and store data securely and instantly verify the origins of products throughout the supply…

The Alonzo upgrade has enabled the deployment of smart contracts, decentralized applications (DApps), and other applications on top of Cardano. All this is hugely significant for Cardano, as it will open Cardano to a whole new developer community whose creative drive will boost Cardano's utility and adoption.

Any new application ecosystem presents an enticing smorgasbord of…