Cardano startup Iagon has recruited Ford Motor Company to help shape a decentralized cloud prototype aimed at corporate document management.
The proof-of-concept, built with software partner CloudCourt, blends Iagon’s distributed storage network with AI tools that read and index legal transcripts.
Ford’s legal division—one of the largest in American industry—will act as a real-world sounding board, judging whether a blockchain ledger and tamper-proof audit trail outperform the patchwork of legacy databases most multinationals still depend on.
If successful, the model could tighten security around depositions, court filings, and other sensitive material while eliminating the data silos that slow discovery.
The automaker’s involvement adds to its growing blockchain résumé: Ford co-founded the MOBI mobility consortium in 2018, joined an ethical-cobalt tracking pilot a year later, and has since filed several metaverse-related trademarks.
Iagon, for its part, sees the collaboration as proof that Cardano’s tech is drawing interest far beyond crypto finance.
Tether, the leading issuer of stablecoins, is phasing out support for five older blockchains.
Germany’s state-owned development bank NRW.BANK has issued a €100 million ($116.7 million) blockchain-based bond, marking one of the largest public-sector entries into digital securities in Europe.
New data highlights a dramatic lead for Solana in blockchain activity for June 2025. According to the figures, Solana processed a staggering 2.98 billion transactions, far outpacing all other chains in the ecosystem.
According to new insights from market intelligence platform Santiment, development activity in the crypto sector’s AI and Big Data segment remains strong, with several major projects showing notable GitHub activity over the past 30 days.