Cardano Foundation Executive: The Illusion of the Ultimate Blockchain

By Lola Coin Jun 28, 202357Views

, , , ,

Mel McCann, Vice President of Engineering at the Cardano Foundation, believes that the debate over the ‘ultimate blockchain’ should end. He argues that the appropriateness of a blockchain depends on the specific use cases of individual projects. McCann shared his insights at the World Token Summit in Dubai, emphasizing the potential benefits of blockchain technology in tracking the history of goods and services. He also highlighted that companies can use blockchain in various ways. However, McCann clarified that businesses do not need to completely overhaul their models, but rather identify areas that can enhance existing operations. Education is crucial in introducing enterprises to Cardano and Web3, according to McCann. He dismissed the idea of an ‘ultimate blockchain,’ stating that the choice of blockchain should be based on a business’s specific needs.

Continue reading on Cryptoglobe.com

Read Disclaimer

This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.