• World Mobile and Input Output Global have announced a partnership to integrate the purpose-built World Mobile Chain using Tendermint as a Cardano sidechain.
• The two companies have been working together for the past three years to bridge the digital divide using the Cardano blockchain.
• As a result, the Cosmos and Cardano network will enjoy a scalable interoperability network to build Web3 protocols.
Cardano, one of the leading blockchain networks, has received a major boost after World Mobile and Input Output Global (IOG) announced their partnership to integrate the purpose-built World Mobile Chain using Tendermint as a Cardano sidechain. This partnership will bridge a permission solution built on Cosmos’ SDK through Cardano’s public mainnet.
The two companies have been working together for the past three years to bridge the digital divide using the Cardano blockchain. World Mobile needed a permissioned sidechain to meet the requirements of a regulated telecommunications industry, and since such a solution doesn’t yet exist within the Cardano ecosystem, the two companies decided to look into how they would be able to achieve this.
The Cardano-based sidechain project is designed to usher in a new era of scalability for blockchains, and as a result, the Cosmos and Cardano network will enjoy a scalable interoperability network to build Web3 protocols. This partnership will enable Cardano to become a global leader in blockchain technology, as it will be able to offer unique services and features to its users.
Input Output Global recently released an update on the ongoing sidechain project and the Cardano price has gained approximately 45 percent in the past 30 days, trading at about $0.379528 today. This partnership will prove to be a major milestone for Cardano and its users, and it is expected that more projects and partnerships will be announced in the near future.
