Cardano

Future

Hedera

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cardano-and-hedera-join-digital-asset-registration-alliance-2/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Cardano and Hedera Join Digital Asset Registration Alliance</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/cardanos-ada-surges-above-0-31-resistance-level/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Cardano</a> and Hedera announced their participation in the Digital Asset Registration Alliance (DeRec Alliance). This alliance aims to develop standards for recording and managing digital assets. Participation is seen as a step towards expanding the reliability and applications of blockchain <a href="https://newslinker.co/category/technology/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">technology</a>.</p>
<h2 id="alliance-s-objective">Alliance’s Objective</h2>
<p style="text-align: justify">DeRec Alliance aims to create industry standards for recording and managing digital assets. These standards will enable more reliable and transparent management of digital assets. The alliance aims to accelerate the adoption of blockchain technology.</p>
<h2 id="cardano-and-hedera-s-contribution">Cardano and Hedera’s Contribution</h2>
<p style="text-align: justify">Cardano and Hedera announced their contribution to developing these standards by joining the alliance. Both platforms have made significant <a href="https://finance.coin-turk.com/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">innovations</a> in the blockchain field. Their participation could significantly help DeRec Alliance achieve its goals.</p>
<h2 id="future-of-the-alliance">Future of the Alliance</h2>
<p style="text-align: justify">The future of the alliance will be shaped by the contributions of its member firms. More reliable and transparent methods for digital asset management are expected to be developed. These developments could help blockchain technology be adopted by a broader audience.</p>
<blockquote>
 <p>Cardano representative: “Joining this alliance is an important step in digital asset management.”</p>
</blockquote>
<blockquote>
 <p>Hedera representative: “DeRec Alliance is an ideal platform to create new standards for digital assets.”</p>
</blockquote>
<p style="text-align: justify">Previous reports indicated that different platforms had developed various standards for digital asset management. These standards were generally designed to meet the specific needs of firms. However, the formation of a comprehensive alliance like DeRec Alliance could allow for the development of standards accepted across the industry. This could make digital assets more reliable and user-friendly.</p>
<p>The post <a href="https://en.coin-turk.com/cardano-and-hedera-join-digital-asset-registration-alliance-2/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Cardano and Hedera Join Digital Asset Registration Alliance</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Cardano and Hedera Join Digital Asset Registration Alliance

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