When it comes to DeFi, the first thing we think of is Ethereum, and some emerging ecosystems such as BSC, Solana, Terra, Avalanche, etc. However, recently, the performance of Ada, the original well-known public chain Cardano’s native DeFi lending protocol, on TVL is not inferior to Ethereum’s core lending protocol Aave, which has also led more and more people to pay more attention to the Cardano ecology.

World Mobile Chain is a decentralized network built on Cardano, and has a scalable, shared open, secure, transparent and self-sovereign blockchain infrastructure, and allows all users in the ecology to access the Internet, further reducing Costs and practical barriers to accessing connectivity, financial services and education.

World Mobile Chain is a decentralized network built on Cardano, and has a scalable, shared open, secure, transparent and self-sovereign blockchain infrastructure, and allows all users in the ecology to access the Internet, further reducing Costs and practical barriers to accessing connectivity, financial services and education.

World Mobile Chain itself can build a high-speed network at low cost through a combination of existing technologies such as hybrid spectrum, satellite and solar WiFi nodes, as well as low-earth orbit (LEO) satellite suppliers, drones, high-altitude platform systems, (HAPS), etc. High-performance Internet network, and there are three types of nodes in the ecology, Aether Nodes, Earth Nodes, and Air Nodes, which cooperate with each other (they can all get incentives in the World Mobile Chain), and jointly provide low-cost access for some areas that lack infrastructure and do not popularize the Internet internet. Currently, World Mobile Chain is cooperating with IOHK, the development company of Cardano, to help Tanzania build a new mobile network and help local users to access the Internet.

IOHK, the development company of Cardano, is very positive about World Mobile Chain, and currently IOHK also holds a 10% stake in World Mobile Chain. IOHK is highly compatible with the World Mobile Chain project itself. Charles Hoskinson, CEO of Cardano development company IOHK, often reveals in letters sent to fans on Youtube that IOHK’s long-term development focus will be in Africa, and even said, Africa, the second most populous of all continents, could be the future of decentralized finance (DeFi). This means that IOHK is very interested in the African market, and the potential in this region is unlimited. The Cardano ecology is expected to further spread and expand to Africa and other regions, and further make DeFi a decentralized facility that everyone can use.

Of course, in these areas with relatively slow development and backward infrastructure, an efficient and low-cost Internet infrastructure is indispensable if they want to access the Internet. As an infrastructure application that can actually solve problems in the Cardano ecosystem, World Mobile Chain can naturally be obtained. IOHK's favor, and World Mobile Chain has also become an integral part of IOHK's vision, and the two parties are important partners for each other.