Cardano delegates are voting on a proposal to allocate 9.6 million ADA tokens, worth about $2.2 million, to fund Trivolve Tech's Police Force Management System (PFMS) for an Indian state government. The PFMS is an open-source evidence management platform expected to handle over 1.5 million transactions in its first year. The funding would be distributed over 15 months, with payments contingent on verified deliverables. Approval requires a 67% majority of delegated stake votes and two-thirds of the Constitutional Committee's support, with voting open until November 20. The Cardano Foundation supports the proposal, highlighting potential deployment in Telangana, India.
Cardano delegates are considering a proposal involving 9.6 million ADA tokens. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 01, 2026 03:31 WIB: out of 50 major cryptocurrencies, 34 rose and 15 fell today. EOS gained 8.13% to Rp12,649 with a typical hold time of 87 days, contrasting with TRX which dropped 7.22% to Rp5,562 and saw 81% of orders as sell. LINK increased 5.85% to Rp213,892, with 88% of orders as sell and a typical hold time of 64 days.
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A proposal to allocate 9.6 million ADA (worth about $1.86 million) from Cardano's treasury to expand a Police Force Management System using blockchain for evidence tracking is up for vote until November 20, 2026. Despite low opposition, 89.25% of vot...
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