IOG Focused on Cardano and Cosmos Collaboration

Cardano developer IOG is working hard for the development of the ecosystem and the project. Finally, the team made an important attempt to ensure the interoperability of the Cardano and Cosmos networks. IOG has formed a partnership with popular team World Mobile. As a result of this partnership, World Mobile will integrate Cosmos’ Tendermint network as a Cardano subnet. World Mobile provided the details in its blog post.

The blog post mentioned that they will connect a solution built using Cosmos’ Software Developer Kit (SDK) to the Cardano mainnet and create interoperability between Cardano and Cosmos networks.

This interoperability will be achieved through the integration of Tendermint, a subnet of Cosmos, into the Cardano ecosystem. In addition, the team stated that the World Mobile sidenet will use Cardano as the layout layer, ensuring it adheres to telecommunications industry standards.

If we take a look at the Cardano price, it is priced at $0.3798 USD as of writing, according to CoinMarketCap data. ADA’s last 24-hour trading volume is $408,150,233 USD. Cardano (ADA) is up 0.82% in the last 24 hours. The current CoinMarketCap ranking is 8th with a live market cap of 13,136,250,928 USD.

As of the writing of the news, the price of Cosmos is $226,480,224 USD. ATOM’s last 24-hour trading volume is $13.01 USD. Cosmos is down 3.06% in the last 24 hours. The current CoinMarketCap ranking is 20th with a live market cap of 3,724,724,486 USD.