$ADA Cardano (ADA) — a blockchain platform created by Input Output Hong Kong (IOHK) and Charles Hoskinson, a former co-founder of BitShares, Ethereum, and Ethereum Classic. The system is focused on the launch of smart contracts, decentralized applications, sidechains, and multiparty computation. The internal cryptocurrency of Cardano is called ADA. The platform is named after Gerolamo Cardano, and the cryptocurrency is named after Ada Lovelace.