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Cardano Announces Partnerships With Dish Network, Chainlink

The tie-up with Chainlink will allow added support for developers working on the Cardano blockchain to develop smart contracts.

Cardano founder Charles Hoskinson (CoinDesk archives)
Cardano founder Charles Hoskinson (CoinDesk archives)

Ethereum blockchain rival Cardano and TV and wireless service provider Dish Network said they’ve entered a deal to help Dish integrate the Cardano blockchain into its telecom business and help provide digital identity services to Dish customers.

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Input Output, Cardano’s parent company, also said it partnered with Chainlink to help Cardano developers build smart contracts for secure decentralized finance (DeFi) applications.

The announcements were made during the Cardano Summit 2021.

After rising to as high as $2.46 earlier Saturday, the price of Cardano’s ADA token was down 0.42% over the last 24 hours at $2.28. Meanwhile, Chainlink’s LINK token was up 4.17% on the day to $24.50.

Kevin Reynolds

Kevin Reynolds was the editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.

Kevin Reynolds

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