Driving the adoption of Cardano
The Cardano Foundation is located in Switzerland and focuses on promoting the implementation of Cardano & ADA, influencing policy and business practices, growing the global community of Cardano, maintaining transparency to stakeholders, and fostering corporate level collaborations.
The Cardano blockchain itself is an open-source Proof-of-Stake blockchain launched in 2015. Cardano, also called ADA, uses a modified version of UTXO model (EUTXO) to accommodate smart contract supports.
The Cardano Foundation supports the Cardano blockchain alongside IOHK and Emurgo. They all work together in conjunction to support development, promotion, and commercial adoption. So far, the Cardano development is divided into several phases, which concomitantly rolled out through a process that relies on academic research and engineering best practices.