Input-Output Hong Kong (IOHK) is a company founded by Charles Hoskinson and Jeremy Wood in 2015. However, now the company has changed its name to Input-Output Global. IOHK is a company that focuses on blockchain software research and development.
IOHK is a company that is different from others in the crypto industry. This is because the company not only develops products, but also contributes to knowledge and innovation in the blockchain field.
IOHK collaborates with leading universities, such as the University of Edinburgh, the University of Tokyo, and the University of Wyoming, to conduct scientific and academic research on various aspects of blockchain, such as consensus, interoperability, and privacy.
IOHK also has a team consisting of experts in mathematics, cryptography, computer science and software engineering. This blockchain company applies a rigorous and evidence-based methodology in developing blockchain software.
IOHK not only develops software for itself, but also for other clients, both from the public, private and government sectors. IOHK has collaborated with organizations, such as the University of Ethiopia, the Government of Georgia, and World Mobile, to provide blockchain solutions that can help improve people's well-being, education, and identity.
So, what does IOHK have to do with Cardano? To find out more, here is the information for you.
IOHK and Cardano: A Close Relationship
IOHK is the company best known as the lead developer of Cardano, a third-generation blockchain platform that offers scalability, interoperability, and sustainability. Cardano is a project started by Charles Hoskinson, who is the co-founder of Ethereum, a popular second-generation blockchain platform.
Hoskinson left Ethereum in 2014, disagreeing with the project's vision and direction. He later founded IOHK, and began developing Cardano, which he considered a better and more sophisticated version of Ethereum.
Cardano was built with a different approach from other platforms, namely by using scientific and academic research as a basis. Cardano relies not only on code, but also on theory and formal proofs, which can ensure the correctness and reliability of the protocols and software created.
Conclusion
Input-Output Global (IOHK) is a company that has an important role behind Cardano, a third-generation cryptocurrency. IOHK is a company dedicated to providing innovative, research-based and sustainable blockchain solutions, for a wide range of sectors and organizations. IOHK is also a company that has a vision to empower everyone in the world with cryptocurrency, and create a more fair and transparent system.
Cardano is the main product developed by IOHK. Cardano offers a blockchain platform that can solve the problems faced by previous generations such as scalability, interoperability, and sustainability.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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