What are the benefits of the Cardano project?
1. Multi-layered blockchain:
Cardano has two types of blockchains that are separate from each other for processing transactions and smart contracts, meaning it can update the blockchain using soft forks without causing any issues for the other part.
2. More adaptable:
Compared to other blockchain networks, it is more adaptable.
For example, a single smart contract can be modified to meet the needs of different users to ensure compliance for all stakeholders.
3. Decentralization:
Like the best cryptocurrencies, the Cardano blockchain is also decentralized, meaning there is no single central entity that has an unreasonable amount of control over the security process and transaction verification.
4. Enhanced financial freedom:
Cardano's vision is to combine consumer convenience with regulatory compliance to provide seamless solutions, which will grant millions of people access to financial freedom who do not have access to traditional services.
5. Partnership with regulators:
Cardano aims to operate within the scope of regional regulations to ensure full compliance while providing convenience to the end user.