Cardano Development is a not-for-profit, independent foundation set up and supported by the Cardano Group. The foundation focuses on creating and developing new, but above all, practical and scalable solutions to mitigate extreme risks for end users in developing and frontier countries, such as currency risk, catastrophic risk or commodity price risks.
- Our role is three-fold. Based on our existing work and contacts, we identify market gaps in the financial sector of developing countries.
- We apply our expertise in risk and financial markets to develop useful and meaningful solutions that work.
- And we use our network to create partnerships that can implement the solutions we create on a large scale.
Working together with the world’s leading development finance institutions, our approach has already supported over 1,500,000 small business entrepreneurs and some 17,000 farmers in developing markets.