Hey Cardanians! Welcome aboard the Weekly Cardano Digest #34!!

We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.

Here are the topics of the week:

• TetherGold Now Available on Cardano via Wanchain Bridge

• World Mobile Partners with Nuvola Digital to Expand AirNode Distribution

• Intersect Expands Global Reach with New Community Hubs

• EMURGO and Sonarverse Partner to Power Cardano Innovation

• The Cardano Foundation Introduces the Self-Sovereign Identity (SSI) Wallet Alpha Program

• Weekly Development Report

• & More!

This newsletter is segmented into categories of less technical news topics to those that are more technical, in an effort to make it easier for our readers to follow. The first category will focus on news involving the Cardano ecosystem, while the second category will focus on projects that have been announced recently. The third category, which will be found towards the end of the newsletter, will focus on the most technical topics.

This week on Cardano…

TetherGold Now Available on Cardano via Wanchain Bridge

The Cardano ecosystem has expanded with the addition of TetherGold, a gold-backed stablecoin. This integration was made possible through a partnership between Wanchain and Cardano. Wanchain's decentralized interoperability solution has connected Cardano to 12 other blockchains, allowing for seamless transfer of assets between networks.

Wanchain is a decentralized platform designed to connect different blockchain networks. By building bridges between these networks, Wanchain enables developers to create cross-chain applications, fostering a more interconnected and accessible DeFi ecosystem.

Wanchain is the leading decentralized bridge connecting Cardano to a diverse range of blockchains. It supports a wide array of assets, including major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), stablecoins like USDC and USDT, and various Cardano native tokens. This comprehensive interoperability enables seamless asset transfers across different networks.

The TetherGold (XAU₮) stablecoin offers investors a way to own gold without the hassle of physical storage. Each token represents ownership of one fine troy ounce of gold, stored in secure vaults. By combining the stability of gold with the flexibility of a digital token, TetherGold provides a way to invest in this precious metal, eliminating the storage costs and security concerns associated with physical gold, while still offering its inherent value. READ MORE

World Mobile Partners with Nuvola Digital to Expand AirNode Distribution

World Mobile has announced a strategic partnership with Nuvola Digital, a leading provider of decentralized network infrastructure. This collaboration aims to accelerate the adoption and distribution of World Mobile's AirNodes, which are essential for building a decentralized global wireless network.

By joining World Mobile's partner program, Nuvola Digital has committed to securing an allocation of AirNodes from the upcoming Batch Two, Drop One sale. It will leverage its platform to offer easy access to AirNodes, making it simpler for individuals to participate in the decentralized network. 

Nuvola Digital offers a user-friendly interface and robust infrastructure, allowing individuals to easily contribute to these networks and earn rewards without the need for technical expertise. With servers strategically located around the world, Nuvola ensures high performance and reliability across multiple blockchains.

This partnership is expected to drive significant growth for World Mobile's network, expanding its reach and empowering more people around the world with affordable and accessible wireless connectivity. READ MORE

Intersect Expands Global Reach with New Community Hubs

Intersect, the member-based organization for the Cardano ecosystem, has announced the opening of five new community hubs across the globe. This expansion comes as membership continues to grow, reaching over 2,000 individuals worldwide.

The newly established hubs in Japan, Latin America, Sub-Saharan Africa, Brazil, and Sri Lanka are designed to foster local engagement and participation in Cardano's governance initiatives. Each hub will be managed by dedicated community leaders who will ensure that information is widely disseminated and that members have opportunities to contribute to the development of the Cardano ecosystem.

This expansion demonstrates Intersect's commitment to building a truly global and decentralized community. With a growing membership base, Intersect is well-positioned to play a pivotal role in shaping the future of Cardano and the broader blockchain industry. READ MORE

EMURGO and Sonarverse Partner to Power Cardano Innovation

EMURGO, a blockchain technology company with a mission to facilitate the commercial adoption of the Cardano ecosystem and Web3 technologies, today announced a partnership with Sonarverse, a leading blockchain data infrastructure platform. 

Sonarverse provides institutional and enterprise clients with complete, high-quality data on more than sixty current blockchain networks using state-of-the-art big data architecture. Blockchain companies and developers can also leverage the platform to gain greater interchain operability for decentralized applications.

EMURGO is a founding member of the Cardano blockchain dedicated to fostering the commercial growth of Cardano's Web3 ecosystem through its innovative products and services. Through this partnership with Sonarverse, the pair will collaborate in the following areas:

• Integrate on-chain data for Cardano into Sonarverse’s platform to provide comprehensive and curated datasets, thereby offering companies and developers deeper analytical insights into the Cardano ecosystem. Sonarverse customers accessing this data can be confident that it includes all the latest functionalities, technical enhancements, security updates, and patches.

• Organize joint promotional and educational events to introduce Sonarverse’s data services to blockchain projects and developers looking to expand Cardano’s interoperability.

• Explore additional avenues for potential synergy, including joint R&D projects and initiatives to build blockchain data solutions that can enhance transparency and compliance for institutions. 

Through this collaboration, clients can gain a more comprehensive understanding of the Cardano ecosystem, fueling the development of innovative products and services. READ MORE

The Cardano Foundation Introduces the Self-Sovereign Identity (SSI) Wallet Alpha Program

This week, the Cardano Foundation announced the launch of the Alpha Program for its newly developed Self-Sovereign Identity (SSI) Wallet, an open-source application designed to provide users with a secure and private digital identity management solution.

Key Features of the SSI Wallet:

• Security and Privacy: Utilizes advanced cryptographic methods for secure digital identity management.

• Interoperability: Supports a wide range of identity standards for seamless integration.

• User Experience: Available on both Android and iOS platforms for convenience.

• Open Source Development: Maintained by the Cardano Foundation for community contributions.

Interested individuals are invited to participate in the SSI Wallet Alpha Program. Participants will have the opportunity to test the wallet's features, provide feedback, and contribute to its development. READ MORE

Weekly Development Report

Interesting Stories:

1. Rare Evo blockchain event to take place this week

2. Cardano named among top ten digital assets in Santiment ranking

3. Input Output Global and Cardano Foundation representatives meet with UAE ambassador

4. Putin has signed a law legalizing Bitcoin and crypto mining in Russia

🎊 A Message from Lucas 🎊

Hi everyone, this week I will be in Las Vegas, Nevada! I’m so excited to be attending the Rare Evo Convention, a three-day blockchain event that is dedicated to fostering connections and knowledge sharing within the Web3 ecosystem. I would love to meet you if you also plan on attending!

I’m looking forward to speaking with industry leaders and community members alike and I hope to learn more about the latest trends in interoperability and the convergence of Web3 with traditional sectors. If you’ll also be there, please don’t hesitate to come up and say hello.

–Lucas Macchiavelli