Ethereum blockchain rival Cardano and TV and wireless service provider Dish Network said they’ve entered a deal to help Dish integrate the Cardano blockchain into its telecom business and help provide digital identity services to Dish customers.
Input Output, Cardano’s parent company, also said it partnered with Chainlink to help Cardano developers build smart contracts for secure decentralized finance (DeFi) applications.
The announcements were made during the Cardano Summit 2021.
After rising to as high as $2.46 earlier Saturday, the price of Cardano’s ADA token was down 0.42% over the last 24 hours at $2.28. Meanwhile, Chainlink’s LINK token was up 4.17% on the day to $24.50.
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