Input Output, a blockchain research and development company, announced that co-founder and CEO Charles Hoskinson received an award at the ETH10X event in Zug, Switzerland.

ETH10X celebrated the 10th anniversary of the Ethereum Foundation and its role in creating Crypto Valley, a key center for blockchain innovation.

Cardano’s Charles Hoskinson Recognized with Swiss Award

Hoskinson, along with seven other Ethereum co-founders, was recognized by the Canton and City of Zug for their contributions to the blockchain industry. He started working on Ethereum in 2013 as one of its original developers but parted ways after disagreements over the project’s direction.

“It’s an incredible honor to be recognized at ETH10X alongside my fellow Ethereum founders. Crypto Valley has been a cornerstone for the global blockchain industry, and I am proud to have played a part in its origins,” Hoskinson commented.

Although no longer part of the Ethereum Foundation, Hoskinson remains committed to advancing the blockchain industry. In 2015, he teamed up with Jeremy Wood to create Input Output, a blockchain research and engineering company that is now one of the leading firms in the field. The firm creates high-assurance blockchain infrastructure solutions for public, private, and government clients.

Read more: Who Is Charles Hoskinson, the Founder of Cardano?

In 2017, Hoskinson founded Cardano, a third-generation blockchain that stands out for its emphasis on academic research and a structured development approach. Cardano’s methodical process, relying on peer-reviewed research, positions it as a more secure and scalable alternative to earlier blockchains like Bitcoin and Ethereum.

“Since those early days, I’ve been inspired to continue driving the industry forward, and that passion has led to the founding of Input Output with Jeremy Wood. Our mission has always been to push the boundaries of decentralization, and with projects like Cardano, we are leading the way in building more secure, inclusive, and scalable financial systems that can empower people around the world,” Hoskinson added.

Input Output is continuing to develop new blockchain solutions. The company recently introduced Midnight, a fourth-generation blockchain platform focused on privacy and selective disclosure. Midnight allows users to manage both public and confidential information on-chain, addressing privacy, identity, and interoperability issues.

Additionally, Input Output’s recent Chang hard fork marked the beginning of the Voltaire era for Cardano, introducing decentralized governance and paving the way for the future of financial systems. This makes Cardano one of the first major blockchains to implement a token-based governance system.

Read more: What are Crypto Forks?

In an interview with BeInCrypto, Hoskinson also revealed plans to introduce a vision for “Cardano 2”, where he will outline potential improvements and future directions for the Cardano ecosystem.