Foundation

Foundation2018-12-11T18:16:11+00:00

Cognida Foundation

The Cognida Foundation is a US-based, tax exempt industry association located in the state of Texas. Its role includes the oversight of ongoing community development of the Cognida Platform, as well as administration of services offered on the Cognida Network.

Foundation members jointly oversee ongoing enhancements of the platform. This involves membership voting to issue proposals for new projects and selection of developers.

Cognida tokens will be the method of compensation for ongoing development and services

Primary development enhancements will include:

  1. API libraries for new blockchains
  2. New security services
  3. Open source decentralized applications
  4. Administration tools

The Foundation will provide oversight and administration of the Cognida Service Network. Roles include:

  1. Recruitment of service vendors
  2. Oversight and enforcement of service network policies

Service network connection and transaction fees will provide the Foundation with funds for these ongoing services.

Interested in becoming a member of the Cognida Foundation?

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