The company Cardano Foundation has partnered with the Berlin-based blockchain company Konfidio, intending to encourage the use of blockchain technology in corporations, small and medium enterprises and public administration.
Fund Cardano confirmed the partnership via Twitter, revealing the company’s plans to gain a foothold on the German market.
The partnership will focus on the use of a distributed registry in banking, logistics, pharmaceutical industry and public and social services. Small and medium-sized enterprises in Germany account for 60% of jobs, and Cardano’s intention to experiment with small startups and global corporations.
The Chairman of the Fund Cardano Nathan Kaiser explained that Berlin is an important “global blockchain-center” and will contribute to further expansion of cooperation. Kaiser added that this cooperation will affect the popularity of the Fund to Cardano in Germany and Europe.
Dr. Mervyn G. Maiti, founder and CEO Konfidio, believes that the blockchain is the third generation Cardano guarantees the stability and continuity of the business and real business models.