Input-Output Hong Kong (IOHK)

What Is Input-Output Hong Kong (IOHK)?

Input-Output Hong Kong (IOHK) is now known as Input-Output Global.

It is a software development company that specializes in building innovative blockchain platforms to provide financial services to people.

IOHK’s vision is to enable everyone in the world to hold and use cryptocurrencies.

To fulfill this vision, they are committed to developing tools that are open source and easily accessible.

IOHK’s Global Evolution

IOHK has evolved into a global organization, boasting a remote team of over 400 people from more than 50 countries.

The organization comprises individuals with diverse talents and expertise, creating a culturally and skill-wise diverse environment.

The brains behind IOHK are prominent figures in the industry.

Charles Hoskinson is the founder of the organization, and his partner is Jeremy Wood.

Charles Hoskinson is also recognized as a co-founder of the Ethereum blockchain platform.

IOHK is renowned as a blockchain research and development company.

They offer commercial services to companies interested in utilizing distributed ledgers, developing digital currencies, and working across various industries.

Pioneering a New Era

The first currency developed by IOHK is Cardano, a third-generation cryptocurrency.

Charles Hoskinson played a pivotal role in its creation.

Cardano is a platform designed to provide a blockchain infrastructure for individuals and organizations striving to bring innovation and change through research and engineering.

It equips them with the necessary tools and technologies to achieve their objectives.

Cardano stands out as the first platform that emerged from a science and research-first approach.

The development team of Cardano comprises researchers and engineers from around the world who share the same mission.

Cardano’s Multilayered Approach

Cardano’s underlying protocol is a layered blockchain that can be scaled.

The standards adhered to in Cardano’s development are of the highest quality, aligning with academic and commercial software industry standards.

The platform is built to evolve through a consensus achieved by a democratic governance system.

Its treasury system ensures sustainable funding for Cardano, facilitating its ongoing evolution and transformation into a more advanced platform.