According to a report by The Daly Hodl, in a YouTube video launched on Xmas Eve, Hoskinson talked about finding out exactly how to in H2 2022 how to achieve end-to-end microfinance deals on Cardano:
“My goal for the second half of 2022 is to figure out how to put all the pieces together to get an end-to-end microfinance transaction on Cardano. So that a real person in Kenya or somewhere with a blockchain-based identity and credit score, stablecoin on the other side, Cardano is the settlement rail. Peer-to-peer, person-to-person, click a button, loan goes to them. They pay it back, [it] goes to the other side.”
He also talked about the major technical milestones for 2012:
“Next year, what’s most likely to take place is that an official open-source project framework is going to be formed, type of like Hyperledger to Linux. We’re going to see many institutions wired in, and all individuals working with it will be novated over, including me …
“When you look at things like enhancing [Cardano’s smart contract platform] Plutus, there’s already three CIPS [Cardano improvement proposals] as a result of the work we’ve done with developers that need to come in.”
“We have pipelining that needs to come in, input endorsers that need to come in. Peer-to-peer is currently being tested with the stake pool operators on the testnet, and there’s lots of stuff happening there.”
As for the hundreds of projects building on Cardano, it is worth checking out CardanoCube’s interactive map of Cardano’s Ecosystem.
ADA’s Latest Price Action
According to data by TradingView, over on crypto exchange Kraken, currently (asa of 5:32 a.m. UTC on December 26), $ADA is trading around $1.4251, down 2.08% in the past 24-hour period.
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