Cardano

Cardano is a decentralized scalable platform for complex programmable transfers of value. The project is designed to create a decentralized economy and democratize finances in emerging markets. Blocks are written in a secure programming language called Haskell.

Cardano supports dApps and smart contracts. The project has been developed by three entities: Cardano Foundation, IOHK and Emurgo.

Cardano uses a special block explorer for viewing transaction history. Transactions in ADA coins are registered via the blockchain with open information about the transaction date, time, amount and sender’s address. This was done intentiionally in order to allow for regulatory control in the crypto industry, as well as for user privacy.

We invest in Cardano because the project has a competently assembled team. It is a powerful decentralized platform using its own blockchain, which is in some respects better than Ethereum.

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