Cardano is a blockchain technology designed to build a new decentralised economy and democratize finance in emerging markets. Cardano will allow decentralised applications and contracts to be built and executed in a low-cost, secure and scalable way.
Blockchain has the potential to become a globally transformative technology, but current solutions have been hampered by a number of critical issues: lack of regulatory oversight, experimental software development with unproven security, poor governance that stifles updates and a lack of planning for the long term future of protocols.
The Cardano project is different: it openly addresses the need for regulatory oversight whilst maintaining consumer privacy and protections through an innovative software architecture.
The protocol features a layered blockchain software stack that is flexible, scalable, and is being developed with the most rigorous academic and commercial software standards in the industry. Cardano will use a democratic governance system that will let the project evolve over time, and fund itself sustainably through a visionary treasury system.
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