• World Mobile and Input Output Global have partnered 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.
Today, World Mobile and Input Output Global (IOG) have announced a groundbreaking partnership to fully integrate the purpose-built World Mobile Chain using Tendermint as a Cardano sidechain. With the integration of this new sidechain, the two entities will bridge a permission solution built on Cosmos‘ SDK through Cardano’s public mainnet, allowing the Cosmos and Cardano network to enjoy a scalable interoperability network that can be used to build Web3 protocols.
The two companies have been working together for the past three years to bridge the digital divide using the Cardano blockchain. This new sidechain project is an extension of this collaboration and is expected to usher in a new era of scalability for blockchain technology. Micky Watkins, CEO of World Mobile Group, noted that the company needed a permissioned sidechain to meet the requirements of the regulated telecommunications industry.
Input Output Global recently released an update on the ongoing sidechain project, providing more details on the various components of the sidechain and its potential to revolutionize the global telecommunications industry. The update also highlighted the potential of the project to create a secure, reliable, and transparent environment for the global telecommunications industry.
The ADA price has gained approximately 45 percent in the past 30 days and is currently trading at about $0.379528. This new partnership between World Mobile and Input Output Global is expected to further boost the Cardano network and increase its value. With the integration of this new sidechain, the Cardano ecosystem will become more secure and reliable, providing users with an enhanced user experience.