What is Cardano about?

You may know that Charles and team are travelling up through Africa over the next 3 weeks visiting a plethora of countries to extend the deal already signed with Ethiopia for Identity services in the education sector.

Africa has been a key focus for the team for a long time, and John O’Connor has been working tirelessly to build awareness, knowledge and seed deals throughout the continent over the last 3 years. This work is starting to bear fruit.

Charles spoke at an event in Cape Town a few days back and it’s worth reading the transcript to better understand the goals for Cardano.

The heart of the company has always been changing the systems of the world, improving them for everyone, everywhere. You see, blockchain technology is really a larger conversation. It’s about how the world globalizes. How do we make decisions about how we’re going to come together and operate in the 21st century? In prior centuries we stood on the moon, built all kinds of amazing things like planes, trains, and airplanes, and horrific things like nuclear weapons. But there were winners and losers. There were hierarchies. Some people were on top. Some people were on the bottom. We just accepted that as the status quo.

For us at ADAvault the investment we have made in Cardano has always been about the long term goals of the project which are unlike those of other blockchains and the reason why the Cardano community feels very different.

This quote sums up our views perfectly.

The 21st century may be the first where we have one global community where everyone in the world – regardless of where they happen to be born, the language they speak, color of their skin, their gender – lives pretty well. Now to get there, we have to have great technology. We have to have cultural changes. We have to kind of grow up a little bit as a species. But most importantly, we have to have the right systems and the right incentives behind the systems. 

We can choose to make this century very different from the last one, and change the trajectory for the good. We can opt to move financial power to the edge and place it back directly in the hands of people, instead of leaving it to be controlled by central banks, unaccountable bureaucracies, and captive politicians.

Not only will this make the world a much fairer place, by reducing the impact of inflationary monetary policies, it will also help lay the foundations for the Climate Challenge which lies ahead.

Worth reading in full on the IOG blog here.