Cardano Founder Announces Venture in the Medical Industry

Paigambar Mohan Raj
Source: Crypto Briefing

Cardano (ADA) founder and Ethereum co-founder Charles Hoskinson is starting a new business outside of crypto. The new venture is called “Hoskinson Health and Wellness Clinic.” Hoskinson took to Twitter and said that the health clinic would be open for business next month.

Nonetheless, one user asked Hoskinson if the clinic would accept Cardano (ADA) payments. Unsurprisingly, the Cardano founder said yes, the new business indeed would accept ADA payments.

On a humorous note, one user asked if the construction happened on time. To the question, Hoskinson replied, “Is anything I build on schedule?” The Cardano founder most likely mocked the project’s constant delays with its launches.

The clinic will accommodate the needs of aging patients. This will include medical care, organic food supplements, dietary changes, and physical activity. Additionally, the clinic provides mental health care and DNA sequencing to help patients discover the right drug.

Furthermore, Ethereum boss Vitalik Buterin is also interested in anti-aging technologies, as revealed in an episode of Lex Friedman’s podcast from last year.

Machine learning program predicts Cardano price

Machine learning and artificial intelligence are already taking over many aspects of human life. Likewise, the price of ADA for January 31, 2023, was forecasted by the machine learning algorithms to be $0.2756.

The price of Cardano will increase by 2.26% from current levels, using technical analysis (TA) indicators, including the relative strength index (RSI), Bollinger bands (BB), moving averages (MA), moving average convergence divergence (MACD), and others.

Additionally, two stablecoins will be introduced on the Cardano network in the first quarter of 2023. The first is the centralized stablecoin USDA, which will be a US dollar-backed asset. The second is Djed, a stablecoin made in collaboration with Coti. Regardless, both have the potential to enhance the value of ADA.

At press time, ADA was trading at $0.269554, up by 1.6% in the last 24 hours.