. 2 min

What Is Cardano And How Does It Use The Blockchain?

In the 1700s the steam engine paved the way to the industrial revolution. When it arrived in 1983, the internet paved the way for the information revolution. Both innovations created vast amounts of new wealth, for new people. This forced society to change how we live and govern. Yet, the happiness or misery of a child born today is still tied to what government and social class she is born into. Cardano is a new technology that wants to use the blockchain to change that.

When you learn a skill, your knowledge and expertise will be with you wherever you travel. Thanks to the internet, information can be sent anywhere. But it is not easy to send money around the world; it is slow and costly. Cardano lets you send money anywhere, in seconds, for cheap. Why stop at money? You can also send other money-like things. For example, home or car ownership certificates. Things on the blockchain are permanent. As a result, no one can bribe a government worker to steal your home from you.

When you go to a new country, your identity doesn’t follow you. In the United States, you can move as little as 60 miles and you won’t be able to interact with the local government unless you get a new state ID. Cardano uses the blockchain to store your identity. And because the blockchain is global, your ID is available wherever you go. Imagine a world where the same driver’s license that works for you in Texas, also works in Sierra Leone. If proof that you know how to teach math is on the blockchain, you won’t have to get a new teaching license each time you move to a new country. Imagine being able to transfer your health records to a doctor’s office with a few swipes on your phone.

Cardano wants to change how we form, interact with, and hold governments accountable. Cardano is currently the only blockchain protocol trying to do this. With the blockchain and Cardano, we can create true democracy. Imagine a country where any citizen can create an agenda on the blockchain. Then every citizen can vote on it, with total security. Imagine a future where bad politics and corrupt government must change, or be changed.

Beyond these few examples, Cardano is what we make of it. It’s like Windows without Microsoft or iPhones without Apple. It’s a public utility, like the internet, or radio waves. The difference is that with Cardano, everyone can have a say in how the system works.
Greece is running an experiment with storing their diplomas on the Cardano blockchain. Ethiopia is launching a new pilot system built on Cardano for 5 million of its citizens. You can lobby your student or local government to move record-keeping to Cardano. You can use a drag and drop builder to create escrows, swaps, bonds, and financial contracts without coding knowledge! As more things move to the Cardano network, the more control and freedom we gain for all people.

Cardano is the world’s new operating system for finance, identity, and governing. Cardano has a currency called ADA. By buying and holding ADA, you can take part in how Cardano grows and changes. Cardano is the most secure, safe, and open public utility we have ever built.

I think so many can relate to this idea of things being easily transferable and creating a simpler way to live and do life. From what it sounds like, this idea would be a big step forward to simplifying some of the too complicated systems we have in place and create more opportunity and positive change.

I believe it’s important to understand the evolution of the cyrpto world to really grasp the magnitude of potential in Cardano! This article paints the picture perfectly!

I just love it. I love the idea, I love the system and how it functions. It feels good to actually know my money will be monitored by a softer ware instead of relying on humans. It takes the blame game from mankind and just put it on a computer. Like I love it and can’t wait for everything to just fall in place.

This seems like an amazing idea! It would be so amazing to have a storehouse for all your priceless information that can transfer globally! My question - how can this be made totally secure?

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