Cardano (ADA) co-founder has made some clarifications on his meeting with crypto enthusiasts at the Google’s London office saying there is no point in Google partnering with a cryptocurrency platform.
Many observers after the meeting have pointed that there is a possible partnership between the two firms for the fact that Google initiated the meeting.
He said Google told him they would like to ask some questions about the technology behind the cryptocurrency, and Cardano’s use cases.
“Hey, We’d like to ask you lots of questions about the cryptocurrency space, about the technology that Cardano has, and what IOHK does as a company.”
To the demand, Cardano founder and team took their time to answer questions posed by the gathering.
However, answering questions on Google decision to partner with Cardano, Charles makes it clear that Google does not need to partner any cryptocurrency to explore the space, inferring that there is no possible partnership between the two firms.
“If Google is going to do a cryptocurrency, Google does not need to partner with me, and they don’t need to partner with Bitcoin, Ethereum, or anything else. They are just going to go ahead and do their own thing.”
He added: “Google is a good patron of open-source technology, and many of their employees do invest their weekends and at least one day a week on contributing to some open-source project. And Google does a very large internal cryptocurrency and blockchain mailing list. A lot of their employees love this space. In fact, Mike Hearn, one of the most famous Googlers was originally a core developer of Bitcoin.”
Since Google put a ban on cryptocurrency related ICO, there is rumour Google is planning to establish its cryptocurrency firm. Interestingly, on a tweet later taken down, Ethereum (ETH) co-founder, Vitalik Buterin, had said Google recruiter contacted him for a cryptocurrency related work with Google.
Meanwhile, cryptocurrency trader Ran Neu-Ner, who hosts CNBC Africa’s Crypto Trader program, has said Cardano is an undervalued.
“It’s a blockchain protocol. Which I think is highly undervalued.”