Like Cardano in the fight against the Coronavirus could help

While researchers around the world working on a vaccine against Covid-19, we study Cardanos innovations could provide a framework for collaboration between remote research teams.

Since the Coronavirus has kept us in the last few weeks, all at home, it is not yet clear what is the block chain initiatives could prove to be useful in order to defeat the Virus.

Cardano (ADA) is based in his view of scientific philosophy, so that the project could provide a good framework for scientists around the world are currently working on a vaccine against the Virus.

Cardano consists of a Team of decentralized engineers and researchers that are stationed around the world, and has set the Standard for separate Teams working on complex problems with a final goal in front of eyes.

Here are the three main reasons why Cardano could help to improve the coordination between the research groups and the global economy, according to Covid-19 shape.

Restart of Cardano’s Code

A larger reboot of the Cardano-Codes through the Hong Kong-based research team IOHK is likely to give the currency a competitive advantage.

As “the Byron-Update” referred to the process will build Cardanos Code completely from scratch and is the culmination of 18 months of work by the IOHK is. The new Code should make Cardano dynamic and powerful because he was created in the Haskell language.

The most significant Change is the separation of the various components of the Cardano-Blockchain, such as the Ledger, the node settings and the Code-base, so that they can all be run separately and changed in order to install future Upgrades easier.

Innovations such as these could be useful for the research teams working at a distance, of inestimable value, since it would allow them to update their operating systems dynamically and at the same time important and time-critical research projects to maintain.

The restart of Cardano will also improve the Daedalus-wallet, and the network of nodes and the number of transactions increase, the be able to process the Blockchain.

Back cover PwC

The message that Cardano of PricewaterhouseCoopers (PwC), the highly influential global company, is supported, is a strong vote of confidence for the Cryptocurrency.

PwC, based in London, but with offices around the world, has since the establishment of the current structure in 1998 (parts of the merged company on the 19. Century back) an impressive Portfolio built up, accumulated, and values and investments in the value of an estimated asset of 42.2 billion dollars.

Gunther Dobrauz, head of the legal team of the law firm, claimed, the Cardano-Foundation was “a big part of the future”, a support, the confidence of the investors in the project to strengthen could.

Dobrauz went in an Interview with CoinTelegraph still more, and said: “I have the work of the Cardano team and the Cardano-Ecosystem of more or less traced from its inception and personally believe that it is an amazing work, and every opportunity to enjoy, to interact with and to learn from them. The same applies to some of the other projects out there“.

Dobrauz made it clear that these views represented were his, and not only the views of the company, but the explanation is still a significant evidence for the support of the project with a potentially significant commercial Partner for the project.

Faster than Visa

A further exciting development for the project is the recent publication of Ouroboros Hydra, a new Protocol that allows for a much faster transaction and block chain verification speed.

Hydra also increases the scalability of Cardano dramatically, since the new procedure can be a lot to process more transactions simultaneously, which gives the Cardano an advantage over Bitcoin in the processing and verification of transactions.

Research, the University of Edinburgh show that each of the 10 Hydra”heads” will be able to process 1,000 transactions per second, and the game room can grow up to a Million per second – that’s faster than Visa, the largest payment processor.

Cardanos Ouroboros Hydra has possibly one of the biggest obstacles in the block-chain technology – scalability – cracked. It is still a relative niche industry in terms of the number of owners of stocks, and the crypto currency projects have not yet reached their limits, there is a mass introduction has not yet taken place.

Through the development of a scalable Protocol that could replace Visa, in conjunction with the current demand for technology to facilitate minimal human contacts, could Cardanos Hydra Protocol to change the game, if this pandemic lasts 6 months or longer.

The U.S. lawmakers have already discussed the use of block chains to the creation of a “digital Dollars”, in order to allow an easier distribution in the efforts to send every American adult to $ 1,000. The technology of Cardano could potentially lead to a mass adoption, when the outbreak of the Coronavirus, the catalyst is currencies for the mass adoption of crypto.