Cardano will officially enter the era of smart contracts: Cardano's Alonzo upgrade, scheduled for September 13, will increase support for smart contracts, introduce a multifunctional platform for building smart contracts, allow the creation of decentralized applications for smart contracts and decentralized finance, and create opportunities for businesses and developers. Cardano was once considered a strong competitor to Ethereum's long-established public chain project, but its smart contract has been slow to come online and earned the title of "dead link" due to its landing ability. It remains to be seen whether Cardano can keep up with the ever-changing pace of the DeFi circuit.

EMURGO, the founding entity of the Cardano (ADA) agreement, has announced that it will invest $100 million to promote Cardano Eco-DEFI, NFT solutions and blockchain education. EMURGO said, Its new investment vehicles, EMURGO Africa and EMURGO Ventures, have signed deals with African venture capital studios Adanian Labs, Adaverse and Cardano side-chain solution Milkomeda A seed round for an undisclosed amount.

Cardano development company Input Output tweeted that it has submitted an upgrade proposal for Cardano's main network to implement the Alonzo hard fork on September 13 at 5:44:51 BST. Alonzo hard Fork will enable smart contracts to help developers build smart contracts on Cardano.

IOHK, Cardano's development team, announced that it has completed the Mary protocol upgrade and has successfully applied it to the main network. The Mary upgrade introduces Goguen's core features, including native token capabilities and multi-asset support. According to the Cardano roadmap, Cardano would transition from Shelly to Goguen via Allegra hard fork and Mary hard fork. The development stages of Cardano network include Byron (Foundation), Shelly (decentralization), Goguen (smart contract), Basho (capacity expansion) and Voltaire (governance).

Cardano released the Goguen roadmap, noting that most of the components are scheduled for delivery by the end of February 2021. With The launch of Goguen, Cardano is becoming a smart contract platform. The deployment of transaction metadata on Cardano will be early commercialized through the Atala product suite, which includes Atala Prism, Atala Trace and Atala Scan solutions. There was also a live demonstration of the ERC-20 converter, which allows projects and tokens on Ethereum to be ported to Cardano. Cardano founder and IOHK CEO Charles Hoskinson emphasizes in the video that "any asset issued on Cardano is treated the same as ADA, unlike on the Ethereum blockchain where ETH is prioritised and other assets are treated as' second class citizens. '"

Voltaire: Scalability and assurance. This release focuses on assurance and scalability through the introduction of the financial sector, which will ensure the sustainability and self-sufficiency of the blockchain and the community.

Basho: Performance improvements. Features in this release focus on performance, security, and scalability. It will perform Ulopoulos Praos and modify the network layer.

Goguen, in this stage, mainly designed and implemented the next generation virtual machine IELE and the common language architecture as the core infrastructure of future blockchain technology. The proposed technology, based on formal methods and the latest programming language theories, will bring greater security and reliability to blockchain systems and reduce vulnerability risks.

The Shelley release, which will focus on ensuring key elements are in place to grow as a fully decentralized and autonomous system, is expected to be released in the second quarter of 2018. The main contents of this stage include: Open the los wave luo delegation, multisignature transitional consensus, middleware, rewards and costs, deep chamber of quantum signature (resistance), light end customer support, personal address, network, set up a joint working space in Hong Kong, developers and business oriented meeting held in Tokyo, establish partnership with Chinaccelerator and MOX, an investment Block chain enterprises, set up research and development base in Vietnam.

Byron: Cardano is a third-generation blockchain, built from scratch using research, peer review, and a rigorous formalized development model. The story began in 2015 with the goal of addressing the three strategic challenges facing all blockchain networks: scalability. Over two years, after thousands of GitHub submissions, and dozens of hours of research, the first version of Cardano was released in September 2017, just as Byron's period began. Caldano's first version allowed users to buy and sell ADA cryptocurrencies -- named after ADA Lovelace, a programmer of the transformation era -- on syndicated networks running the groundbreaking Ouroboros Consensus protocol. At the heart of the Cardano network, Ouroboros is the first proof-of-stake protocol created on the basis of academic research, with a mathematically verified level of security. Byron's period also saw the birth of the Daedalus wallet (IOHK's official desktop wallet for ADA) and the Yoroi Wallet (a lightweight wallet designed for fast transactions and daily use by IOHK's sister company Emurgo).

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The launch of the Caldano settlement layer main network marks the official launch of Caldano. The Byron version establishes the benchmark for Caldano and allows users to trade and transfer Ada.

Emurgo is incorporated in Japan; Ouroboros Praos certification documents, Ouroboros blockchain protocol, Kaleidoscope protocol, etc.

The Cardano Foundation is registered in Switzerland.

Charles Hoskinson) and Jeremy Wood founded IOHK.