Cardano (ADA) founder Charles Hoskinson has predicted that the US will emerge as one of many high adopters of cryptocurrency and blockchain know-how within the subsequent 5 years.
Hoskinson recommended that varied points of presidency operations, together with voting, buying, funds, identification methods and central banking, may quickly be built-in with blockchain know-how. He believes that when the US takes this step, different nations will comply with swimsuit.
“It’s completely potential that our voting methods, our authorities procurement methods, our cost methods, our identification methods, and our central financial institution capabilities will all have some type of blockchain connectivity inside 5 years,” Hoskinson mentioned.
Hoskinson additionally recommended that if the US have been to implement blockchain-based methods, interoperability would change into vital and encourage 20 to 50 different nations to undertake comparable frameworks.
The ADA founder not too long ago signaled in his assertion that Cardano may work with Ripple and ICP, and the ICP founder additionally expressed his constructive view of this collaboration.
*This isn’t funding recommendation.