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Cosmos contributes IBC protocol to LF Decentralized Trust with Google Cloud and Cardano support

09 Nov 2026, 19:15 WIB
Crypto news
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Bullish
Cosmos contributes IBC protocol to LF Decentralized Trust with Google Cloud and Cardano support

Cosmos has contributed its Inter-Blockchain Communication (IBC) protocol to the LF Decentralized Trust, supported by Google Cloud and the Cardano Foundation. This move aims to create an open, neutral standard for connecting financial networks across different blockchains, facilitating asset and data exchange. IBC has processed over $50 billion since 2021 across 200+ networks, and this contribution will enable broader participation and development beyond Cosmos's ecosystem. Cosmos, Datachain, and OpenZeppelin will maintain the protocol, ensuring it remains free and open source for financial institutions and developers worldwide.

While Cosmos advances its IBC protocol with support from Google Cloud and the Cardano Foundation, Cardano's ADA token trades at Rp3.235 on Pluang as of Nov 10, 2026 00:22 WIB, showing a slight 0.03% decline in the last day. ADA's market cap stands at Rp119,76 trillion with a 24-hour trading volume of Rp4,93 trillion, and 82% of its total supply is currently circulating. Pluang users show a strong buying interest with 78% buy orders and a typical hold time of 128 days, highlighting steady engagement despite the minor price dip.

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