CEO Cardano Announces Partnership With PwC: ADA Price Skyrockets

Against the background of recent events, it became known that Dapps appeared at Cardano in the "era of Goguen." The development team calls each hard fork by the names of famous artists and philosophers. It is expected that smart contracts will work on the improved EUTXO model. As the evolution of the crypto market shows that technological perspective is not enough for the project. However the Cardano creator has already taken care of this.

Charles HOSKINSON, CEO at Cardano, has announced a new partnership with the audit firm PwC. After such a statement, the Cardano ADA token has grown by 15% over the past 24 hours. As a result, the price of ADA came from an extended period of accumulation, and market capitalization reached $1.45 bln.

On January 27, 2020, Hoskinson revealed the details of IOHK's collaboration with PwC. It is expected that the audit firm will develop a consolidated strategy for the commercialization of the Cardano blockchain. One of the aims is to make Cardano the most attractive for business worldwide. Multi-day workshops are planned — during these days the strategy for commercialization will be officially announced.

Charles HOSKINSON was also a member of the World Economic Forum Davos. During the events, he explained that he had witnessed a high interest in Cardano, so he was going to combine the interests and support of PwC and get market products as a result.

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