Cardanos Input-Output joins the American Chamber of Commerce Mongolia Entity

Cardanos IOG has been welcomed as the newest member of the American Chamber of Commerce (AmCham), a Mongolian entity. In a thread of tweets, Amcham describes Mongolia Input Output as “a leading technology company committed to the highest principles of academic rigor and evidence-based software development” and “the driving force behind the decentralized and smart contract platform, Cardano”.

Thank you for welcoming us. Look forward to!

– Input Output (@InputOutputHK) July 19, 2022

Cardano has made remarkable strides in recent months, promoting the relationship with large companies and organizations. In June, Cardano announced that it was now a member of the Linux Foundation. The Cardano Foundation joined the Linux Foundation as a Gold Member, becoming the only non-profit organization active at this level.

Cardano’s founder praises the potential of blockchains

In a recent interview, Charles Hoskinsonthe founder of Cardano, highlights the positives of blockchain technology and its capacity to fundamentally transform public services worldwide and even make them interoperable.

Imagine that tax revenue is open source, everyone can see where the money comes from, where it goes and traditional governing bodies are evolving in efficiency + efficiency at the same pace as the iPhone. Blockchain and Gov with Charles Hoskinson@IOHK_Charles

– Brian McGleenon (@BMcGleenon) July 15, 2022

The blockchain can support this interconnected global community as we move towards a genuine global society by enabling secure data transfer in a smooth and democratic manner, where, as the Cardano creator says, “No actor wants complete control over critical things and resources . “

The founder of Cardano claims that if both political systems are implemented on the same underlying blockchain, they can be interoperable with similar systems in other nations.

Hoskinson also envisioned a day in the future where world governments work together and compete to be the most efficient and beneficial, much like how Apple’s iPhone and Samsung’s Galaxy are rapidly surpassing each other.

The blockchain would drive this future, and just as Moore’s law states that the number of transistors on a computer chip doubles every two years, blockchain-based public systems can evolve at the same rate as technological advances.