Cardano Foundation Addresses Bringing Back Trust In The Financial Markets

Cardano remains in the spotlight these days and makes headlines in the media after making various plans for the future of the project and achieving all kinds of successes.

Restoring trust in the financial markets

Now, the team behind the project addresses whether it’s possible to restore the faith in financial markets.

Check out the post that they shared on social media.

The official blog post notes: “Capital markets, those where debt and equity instruments are bought and sold, underpin our global financial ecosystem. But the technology underpinning the markets themselves is fraught with inefficiencies, eroding trust. Frederik discussed some important current themes around our capital market infrastructure, focusing on how central systems of record have typically led to trust issues for all market participants.”

The Cardano Foundation continues and says: “Here, we are going to explore what trust may look like on Cardano. We will also discover how we could deploy our existing and upcoming features to maximize trust and transparency in financial markets for all kinds of users.”

And the blog post goes on and explains the importance of trust in this scenery.

We suggest that you check out the complete original post. 

ADA in the crypto market

Regarding the price of ADA these days, at the moment of writing this article, ADA is trading in the green, and the coin is priced at $0.9089.

ADA is up by more than 14% in the past 24 hours, and the community is extremely bullish about the price of the coin these days.

Stay tuned for more news about the digital asset.

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