Since the Alonzo fork upgrade, the Cardano blockchain is experiencing a new wave of optimism with the ecosystem expected to explode in the coming days, bringing new users, projects, and investors.
Over the past few months many great projects have been launched on the Cardano blockchain but here are the most promising:
While most projects on Cardano tackle different problems facing the cryptocurrency world, Immunify.Life is undoubtedly the most promising project on the Cardano blockchain with its unique service in Healthcare.
A core feature of Immunify.life is to ensure that the patients have complete control in deciding who gets access to their medical data. Health institutions can also access the patient data which will, in turn, empower local health organisations and promote a robust and self-sustaining system to save and protect lives.
This project aims to transform the health care system using the latest in technology to improve the health and well being of those less fortunate. Click here to understand more about the project.
Launched in July 2021, CNFT is touted as the OpeanSea of the Cardano blockchain. It is the market where non-fungible tokens (NFTs) are bought and traded. This feature has been on the platform before the Alonzo upgrade, but an explosion is expected in the coming days.
Another crypto project launched on the Cardano blockchain, Worldmobile, connects the world through blockchain by building the first people-based mobile network that breaches the problems posed by traditional mobile networks, such as cost and distance. Aside from bridging the communication gap, this project offers mouth-watering earning opportunities for its users.
With the rising cost of housing in many parts of the world, Empowa uses crypto to solve housing issues in Africa by providing better housing opportunities that promote safety, health and general wellbeing. By building a solid community, the project hopes to empower its members through education and usable knowledge that would help them to earn.
This is a decentralised and non-custodial automated liquidity mechanism that enables trading within the Cardano ecosystem. All third parties, intermediaries, are removed alongside complexity, and time-consuming procedures from the equation, which would give users the liberty of trading without fear of censorship or losing control of their assets. Users of this platform have complete ownership over their tokens and are not obliged to hand up their private keys for their orders to be logged, as they would on a centralised exchange.
Cardano Summit 2021
Cardano recently announced its 2021 Summit that promises to be the biggest event held by the renowned blockchain –a mix of virtual and live events worldwide scheduled for September 25th – 26th, 2021. It’s a free event, and participants can register here.
In conclusion, Cardano is taking its place as a leading blockchain, and with the projects listed on its blockchain, users can expect it to grow to become a strong competitor of other blockchains like Bitcoin and Ethereum.