Cardano is able to solve the real-world problems

Blockchain technology can bring a financial disruption but it will be insignificant unless it goes hand in hand with social disruption. Society is tightly coupled with the world of finance and it is not possible to disrupt one without the other. Let’s have a look at what we can expect from cryptocurrencies.

There are a few serious problems in the world that can be addressed and at least partly fixed by blockchain technology. It will be difficult, slow, and it will definitely take a lot of time to see the results. Nevertheless, blockchain technology with the surrounding infrastructure has the potential to really help people and we believe that it is highly probable that we utilize the chance to improve our lives. Let’s have a look at a few real-world problems and elaborate on how the nascent blockchain technology can help.

Real-world problems and the root cause

If you ask ordinary people on the street around the world what are the biggest problem they face every day they will enumerate things like the following:

• Low government accountability for their work, low transparency, and corruption.
• Lack of economic opportunities and unemployment.
• Inequality of income.
• Unfair distribution of…