CRYPTOCURRENCY RESEARCH

Where Cardano Will be In 5 to 10 Years?

Cardano has already figured out how to create demand through public-private partnerships and get the new governments on board.

Cardano has been taking the crypto world by storm, and recently Charles Hoskinson Cardano’s founder revealed where the crypto would stand in the next five to ten years.

We have already established a digital payment method, and now we’re moving on to using digital money or digital crypto. As a matter of fact, China only recently released and validated what they call a DCEP which stands for Digital Currency Electronic Payment. This, however, might be an indication or an attempt that China wants its cryptocurrency to become the world currency. There’s also an argument about the gold standard coming back where you will be required to link your cryptocurrency account linked to gold. For example, cryptocurrencies like Bitcoin already have digital gold. This might be the perfect time to discuss whether these possible innovations work in today’s world. Yes, but if we steer our attention towards cryptocurrency like Goguen as an example and go further back to Cardano, launched in February this year. Our vision of understanding gets ultimately short-sighted.

Where can we see Cardano being used most?

The interviewer then mentions that nearly 100 or 200 million African people and others from Eastern Europe and Southeast Asia use Cardano. The expectations are great. The discussion that followed saw both of them outlining what one could expect from Cardano. Apart from the fact that it is a day-to-day financial operating system, it will have your land registration, and you can get loans on it. Additionally, you’ll be able to communicate with your friends and family.

Some of the other expectations also included five things;

Namely Payments
Screw Securitizing Your Business
Raising Money
Running Your Country’s Stock Market
Running Your National Elections