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Profile of Charles Hoskinson, Founder of the Cardano Platform

Profile of Charles Hoskinson, Founder of the Cardano Platform

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Kanalcoin.com – Charles Hoskinson is the former CEO of Ethereum, a mathematician, and the CEO and founder of the blockchain company Input Output Global (IOG). The CEO and founder of the company formerly known as Input Output Hong Kong (IOHK) is also one of the founders of the BitShares and Cardano blockchain projects.

Biography of Charles Hoskinson

Charles Hoskinson was born and lives in Colorado, a state in the western part of the United States. He is known to have higher education at the Metropolitan State University of Denver and the University of Colorado. Charles Hoskinson studied analytic number theory at university before switching to cryptocurrencies.

Charles Hoskinson’s career journey

Charles Hoskinson has been in the crypto world since 2013 through Invictus Innovations. Invictus Innovations is a company founded by Hoskinson and developer Dan Larimer to launch the BitShares network.

Meanwhile, BitShares itself is a crypto platform organized as a decentralized autonomous company. Charles Hoskinson used and claimed the term as his own.

That same year, Charles Hoskinson started a project called the Bitcoin Education Project. The Bitcoin Education Project is an online school where Hoskinson met Vitalik Buterin, the founder of Ethereum.

Even in the early stages of the project, Hoskinson and his team proposed a vision that contradicted the project’s structure. Ethereum. In this case, Hoskinson argued that the platform should be a non-profit entity with a formal governance structure.

At the same time, Buterin aims to make the platform, as a non-profit organization, open source and decentralized. Hoskinson characterized the dispute as a “boardroom fight” and decided to leave the project in June 2014.

The same year that Charles Hoskinson left the Bitcoin Education Project, he teamed up with Jeremy Wood, a former Ethereum employee, to create IOG.

The purpose of IOG itself is to become a third-party development company that helps government entities, businesses, and academia build blockchains and cryptocurrencies.

Ethereum was later known to split into two camps after a controversial update in 2016 that led to the creation of Ethereum Classic. Charles Hoskinson, who became one of the main proponents of the platform, used IOG’s developers and resources to build cryptocurrency.

Charles Hoskinson in 2019

Charles Hoskinson is known to have spent most of his last few years traveling the globe, meeting with companies, universities and government officials to secure partners for the next-generation blockchain platform, Cardano.

In June 2019, Input Output Hong Kong (IOHK) announced that the company had signed a Memorandum of Understanding (MoU) with the Georgian government to implement projects that could support blockchain in businesses, government services and education.

Later that year, in September 2019, Charles Hoskinson announced that American footwear brand New Balance would use Cardano blockchain. New Balance took this step to identify their products in their supply chain.

Relationship between IOHK and Cardano Foundation

Cardano and IOHK founder Charles Hoskinson established the foundation in the third quarter of 2017. Since then, Hoskinson is known to have played an active role in supporting the foundation.

IOHK’s academic research on cryptography and digital currency architecture will prove useful in keeping the platform dynamic. In addition, it is considered to be able to update the blockchain codebase and prepare a roadmap for future Cardano projects.

Hoskinson’s cryptocurrency research project

On February 15, 2017, Tokyo Institute of Technology became the first university to cooperate with IOHK and successfully set up a research laboratory. Some time later, IOHK sponsored another research center at the University of Edinburgh. This institution is known for its good and high-quality information and computational research.

In addition, this institution serves as IOHK’s headquarters in the partnership network of higher education institutions. According to Hoskinson, the headquarters will help IOHK build blockchain-related technologies and create a team of experts in the UK.

After three years of collaboration with the Tokyo Institute of Technology, or more precisely, in February 2020, the University of Wyoming (UW) School of Engineering and Technology has become IOHK’s newest partner in research on advanced blockchain technology. The university received $0.5 million worth of digital ADA currency IOHK.

Speaking about the grants, Charles Hoskinson expressed his belief that the real world uses of blockchain technology are limitless. In addition, he mentioned that the donation will help implement and encourage the blockchain revolution that is developing in the state of Wyoming.

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