Cardano Foundation research shows ‘fundamental shift’ in blockchain use
The majority of projects involved the authenticity vertical, establishing confirmed identity and legitimacy through secure verification.
The Cardano Foundation, a nonprofit organization dedicated to advancing Cardano adoption, released an ecosystem guide showcasing how projects on the Cardano blockchain address enterprise needs.
On Jan 23, the foundation revealed the results of its research examining 582 projects building on the Cardano blockchain. The nonprofit illustrated how projects in Cardano fit into three verticals: traceability, authenticity and sustainability.
The research found that 30% of projects were focused on traceability, which the foundation described as creating transparent, immutable records to verify digital and physical assets. Another 15.4% of the projects emphasize sustainability, supporting social and ecological initiatives.
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Author: Ezra Reguerra
