Emurgo CEO reveals plans to invest and address 21 key areas lacking in Cardano

10:50 am
September 13, 2023
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Emurgo, one of the governing entities of Cardano, aims to fill the gaps in the blockchain platform by focusing on 21 categories that are currently missing, according to Ken Kodama, the CEO of Emurgo. In an interview with Cointelegraph Magazine, Kodama discussed their shift to a venture studio model to address these gaps, either by building the solutions themselves or through investments. Key areas that they are looking to improve include decentralized identities (DID) for enterprise adoption and layer-2 solutions.

Kodama emphasized the importance of decentralized identity and expressed the need for more DID applications built on Cardano. Additionally, they are exploring the integration of layer-2 solutions, inspired by the vibrant ecosystem present in other blockchains. Emurgo is also interested in investing in zero-knowledge rollups and optimistic rollups and has conducted a hackathon centered around these themes.

Among the 21 categories they are focusing on, Kodama highlighted the pressing issue of developers’ experience within Cardano. To tackle this, they are supporting Aiken, a toolkit and programming language for developing smart contracts on the Cardano blockchain. The goal is to broaden the number of builders able to work on Cardano by enabling smart contract development in different programming languages.

FAQs

What is Emurgo?

Emurgo is one of the three entities governing Cardano, a blockchain platform known for its focus on security and sustainability.

What are the 21 categories that Emurgo is looking to address?

The specific categories have not been enumerated, but Emurgo’s CEO mentioned areas such as decentralized identity, layer-2 solutions, zero-knowledge rollups, and optimistic rollups.

Why is decentralized identity important?

Decentralized identity ensures privacy and security by allowing users to have control over their personal information and digital identity.

What is Aiken?

Aiken is a toolkit and programming language supported by Emurgo that enables the development of smart contracts on the Cardano blockchain using different programming languages.

Why is improving developers’ experience important for Cardano?

Improving developers’ experience helps attract more builders to the platform and encourages the development of innovative applications and projects on Cardano.

Summary

Emurgo, one of the governing entities of Cardano, plans to fill the gaps in the blockchain platform by addressing 21 categories that are currently missing. Their focus includes decentralized identities, layer-2 solutions, zero-knowledge rollups, and optimistic rollups. Emurgo aims to improve developers’ experience by supporting tools and programming languages like Aiken, which would allow smart contract development on Cardano using different programming languages.


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