Cardano (ADA) Taking Aim At Becoming A ‘Legitimate Option’ in Global Governance

Cardano (ADA) Taking Aim At Becoming A ‘Legitimate Option’ in Global Governance

The Cardano (ADA) project is making the claim that, it is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change. Now Cardano is working to become a ‘valid alternative’ in the global governance space.

Cardano’s ecosystem is working on projects from voting to payments and even ways to run the currencies of nation-states, Charles Hoskinson said in comments at the Cardano Summit broadcast Saturday. There should also be a lot of “real-life data about how to do governments differently,” he said.

“You could run a nation-state on this type of infrastructure not today, but in three to five years, definitely possible,” Hoskinson said. Cardano is trying to “position itself in the marketplace of ideas to be a “legitimate option” for at least some of these systems and some of these institutions,” he said. Blockchain and decentralized technologies offer a compelling potential solution for many of the governance issues affecting the world today, Hoskinson said.

Meanwhile, Input Output, the technology company that created Cardano has been working on the African continent since 2017.Their partnership with World Mobile will lay the infrastructure foundations for a totally connected Africa. Using Cardano blockchain technology will help empower the remote and hard-to-reach areas across the African continent. Projects from Cardano include the development of a blockchain-based digital identity system for students and teachers in Ethiopia.

“People are fundamentally unhappy with governance,” Hoskinson said at the summit. “There’s an appetite for new systems, new ways of governance, new types of institutions.”

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