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cardano update ada coin

Users Can Now Send ADA To Restaurant’s Yoroi Wallet in Japan

ยท in Breaking, Crypto News
Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

Cardano (ADA) continues to expand in the market, this time a Japanese restaurant is accepting ADA as a means of payment. Japan is one of the most active countries in the cryptocurrency space. The information was released by the company on its official Telegram channel. After being contacted by the Global PR Manager at Emurgo, the official commercial arm of Cardano, he explained that this is not a new payment system but instead, a restaurant in Japan is accepting ADA through its Yoroi wallet. 

Japanese Restaurant Accepts ADA Through Yoroi’s Wallet

According to the information released by the Cardano Foundation, on June 22nd they have attended the first ever transaction of ADA at a Japanese restaurant that accepts the cryptocurrency through the Yoroi Wallet. The Yoroi wallet is being used at Tamura Kenji’s BBQ restaurant called Tamura and it will be powered by Emurgo. In addition to it, the foundation conducted a Tangem card giveaway. 

About it, the official report commented:

“On June 22, Cardano Foundation attended the first ever #Ada payment system introduced in Japan, at Tamura Kenji’s BBQ restaurant “Tamura”, powered by Emurgo! The foundation also did a Tangem card giveaway. Great for ADAption!”

ADA is the cryptocurrency used in the Cardano network. Currently, the digital currency is the 11th largest in the market according to CoinMarketCap. Each ADA can be purchased for $0.096 and it has a market capitalization of $2.5 billion. 

https://twitter.com/Emurgo_Japan/status/1142413075959541760

In addition to it, Cardano has recently launched the Shelley testnet website. According to an official statement released by the Cardano Foundation, this is one of the most anticipated steps in the development of the Cardano project. 

Furthermore, IOHK has also released a newly redesigned roadmap for Cardano earlier in June. This roadmap will be offering a clear vision for the future of the Cardano network. 

The Cardano roadmap explains about the network:

“Cardano is a groundbreaking proof-of-stake blockchain network, being developed into a decentralized application (dApp) development platform with a multi-asset ledger and verifiable smart contracts.”

It is also worth mentioning that they want to improve the network’s scalability, interoperability and sustainability, which is very important to power real-world applications. In the future, Cardano wants to become the blockchain network for large-scale apps. 

With Shelley, one of the most important updates to Cardano, the network is expected to attract new investors and users. The new roadmap has also provided information about other important improvements such as Goguen, Basho, and Voltaire, which are all integral parts of the whole Cardano project for the future.

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