Cardano developer Charles Hoskinson is unable to criticize that his project becomes unfairly ignored by mainstream media outlets, yet the cryptocurrency, eighth-largest in the world by market cap, has however caught the attention of one of the world’s largest tech firms: Google.
Hoskinson, who is an Ethereum co-founder and co-developer of blockchain development firm IOHK, was recent to be at the Google’s London headquarters to introduce staffs to Cardano and answer questions regarding the Ouroboros protocol.
The session, the transcript of which has been released on the IOHK blog, saw Hoskinson and IOHK Director of Engineering Duncan Coutts did a deep dive into the economics and technical specifications of Cardano, including their vision for the blockchain industry writ-large.
Hoskinson explained to the Google staffers that he trusts cryptocurrency will “remove the walls between different “tokens of value.” If gold, fiat currency, and airline miles all represent wealth, he noted, they should all be in the same way I substitutable.
“And because all the payment systems are now programmable, thanks to you guys and many others, the merchant gets paid whatever the hell the merchant wants to get paid, now. So, I can walk over to Starbucks, and I can have my house tokenized, and I can sell it. There’s a market maker that lives in between that, and I sell one-millionth of my home and I can buy that cup of coffee, somebody bought that from me and the merchant gets paid in dollars or pounds.”
There is no hint that Google’s introduction to Cardano will result in any future partnership, though this has not dampened claims from going around the ADA investor water cooler.
Coming to think about it, it indicates Google’s changing behavior toward cryptocurrency and blockchain technology in general.